Boise, ID 83716 Real Estate Market Report

ZIP Code: 83716
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.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. median sold price is not available in the provided metrics, which may indicate limited recent closed-transaction data in the sample or reporting lag for finalized sale records; this absence constrains precise valuation but underscores the need to prioritize verified sold comps when advising pricing strategy.

2. median listing price $920,000 is the best available asking-price indicator and, combined with the up price year-over-year trend, suggests a modest upward pressure on nominal pricing even as the sample shows elevated inventory relative to sales activity; sellers should set expectations that asking-price strength may not uniformly translate to quick closings given current market conditions.

3. median days on market 327 points to slower sales velocity and persistent pricing friction; paired with elevated inventory relative to sales activity and a market temperature described as neutral, this suggests negotiation windows for buyers while pricing remains generally supported—agents should manage client expectations on time-to-contract.

4. median market rent $2,495 and median price per square foot $434 together indicate valuation scales for investors and owner-occupiers, while rent growth being flat and interest rate pressure being moderate may constrain cashflow expansion and affordability; under these conditions, focus on realistic offer structures and financing scenarios rather than aggressive price escalation.

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Notable Properties

The following 3 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.

Boise, ID 83716 Real Estate Market Report

ZIP Code: 83716
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.

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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

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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.

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Key Findings

1. The primary market-value indicator, the median sold price, is unavailable in the provided metrics, which limits direct transaction-based valuation; instead rely on the median listing price $467,400 and other snapshot/trend metrics for context.

2. The median days on market 90 suggests slower sales velocity and extended decision windows for buyers and sellers; this stable pacing may indicate pricing friction rather than rapid turnover.

3. Pricing momentum shows the area is up year-over-year while unit-level pricing remains elevated: the median price per square foot 505 aligns with a rising price trend and may sustain seller expectations; use caution when aligning asking prices with realized sale prices.

4. Market balance signals are mixed: the median market rent $1,395 is stable with rent year-over-year trend flat, the market temperature is neutral, and interest rate pressure is moderate; collectively this suggests balanced conditions where pricing moves are possible but interest-rate sensitivity could constrain aggressive appreciation.

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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.