Boise, ID 83714 Real Estate Market Report

ZIP Code: 83714
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Boise, ID (ZIP: 83714) is currently $739,000, reflecting a stable market environment despite some fluctuations in specific areas. This price point indicates a healthy level of transaction activity, suggesting that buyers are still engaging with the market, albeit with some caution. The median listing price stands at $774,900, which may indicate a degree of pricing friction as sellers adjust expectations in response to current market dynamics.

With a median days on market of 154, the market is experiencing slower sales velocity, which may be attributed to elevated inventory levels relative to sales activity. This situation suggests that while there is a balanced market temperature, buyers are taking their time to make decisions, leading to a gradual stabilization in overall market conditions. The moderate interest rate pressure, with current 30-year fixed mortgage rates averaging around 6.62%, may also be influencing buyer sentiment and transaction speed.

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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.

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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.

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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.

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Property Taxes

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Liquidity & Velocity

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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 Boise, ID, average around 6.62%, which is higher than the 6.01% average seen in mid-February 2026, indicating a slight rate increase for new loans.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $739,000 indicates a stable market, although the gap between listing and sold prices suggests pricing friction.

2. With a median days on market of 154, the market is experiencing slower sales velocity, indicating that properties are taking longer to sell.

3. The median listing price of $774,900 suggests that sellers may need to adjust expectations in light of current buyer behavior and market conditions.

4. Elevated inventory levels relative to sales activity point to excess supply, which may pressure prices in the near term.

5. The median market rent of $1,841 reflects ongoing demand for rental properties, although the year-over-year trend is reported as down.

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Notable Properties

The following 8 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.