Boise, ID 83713 Real Estate Market Report
ZIP Code: 83713
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the Boise 83713 market are 6.5%, reflecting a stable environment for property owners compared to early 2026 averages.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price is not available in the provided metrics; this likely reflects insufficient recent closed-sale data in the sampled dataset to produce a reliable median sold price, so representative recent sale values cannot be stated with confidence.
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median listing price of 549,900 combined with a median price per square foot of 269 and a median days on market of 89 suggests pricing pressure where seller expectations remain elevated relative to transaction pace, which may result in moderate selling friction as buyers and sellers adjust.
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Inventory in the analyzed sample shows excess supply relative to sales activity, while broader trend signals—price year-over-year trend = up and market temperature = neutral—indicate a market that is shifting toward balance but still retaining upward price momentum.
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From a financing and rental perspective, median market rent of 1,800 alongside interest rate pressure described as elevated (current 30-year fixed ~6.5%) suggests owners face higher carrying costs even as rent year-over-year trend = up, which may support investor interest but require careful underwriting.
Notable Properties
The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Boise, ID 83713 Real Estate Market Report
ZIP Code: 83713
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Liquidity metrics unavailable due to insufficient data quality.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the Boise 83713 market are 6.5%, reflecting a stable environment for property owners compared to early 2026 averages.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price is not available in the provided metrics, so representative market value must be inferred from transaction context and complementary indicators rather than a specific central sale figure; this absence means recent transaction-level pricing and liquidity should be treated with caution when forming valuation opinions. data unavailable
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price year-over-year trend is up, which suggests recent appreciation pressure in realized sales and supports modest seller-side pricing confidence; this appears consistent with a neutral-to-slightly-warm market posture and may indicate continued, though not accelerating, upward movement. up
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market temperature is neutral, which implies a relatively balanced selling environment where pricing friction and buyer negotiation power are moderate — expect balanced transaction dynamics rather than extreme speed or delay in closings
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median market rent is 1,495 and the rent year-over-year trend is up, indicating steady rental demand; given interest rate pressure is elevated (Current 30-year fixed mortgage rates in the Boise 83713 market are 6.5%), owners and investors should weigh higher financing costs against rising rents when assessing hold vs. sell decisions. elevated
Notable Properties
The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Quick sale indicating strong buyer demand and competitive market conditions.
Sold above market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 0.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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