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Market Snapshot

Median listing price
$790K

The median listing price in Boise, ID ZIP 83716 is $789,500 as of June 2026.

Median rent
$2,650/mo

The median market rent in Boise, ID ZIP 83716 is $2,650/month as of June 2026.

Days on market
252 days

The median days on market in Boise, ID ZIP 83716 is 252 days as of June 2026. The market is currently neutral.

Gross rental yield
4.03%

At a median list price of $789,500 and a median rent of $2,650/month, the gross rental yield in Boise, ID ZIP 83716 is 4.03% as of June 2026.

Boise, ID 83716 Real Estate Market Report

ZIP Code: 83716

Report Date: June 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.

Analysis Window
90 Days
Total Properties Analyzed
47
Active Listings
47
Sold Properties
0

Market Metrics

Median Listing Price
$789,500
Median Sold Price
$0
Median Price per Sqft
$370/sqft

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

Median Market Rent
$2,650

Property Taxes

Property Tax Rate
0.35%

Liquidity & Velocity

Median Days on Market
252

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Boise, ID are 6.5% compared to the 5.9% average observed when typical loans in this area originated in early 2026.

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


Key Findings

  1. median sold price is not available in the provided metrics, so a representative recent sale price cannot be stated; this absence may reflect limited recent closed-transaction data in the sampled set or reporting lag for finalized sale records.
  2. The listing snapshot shows a median listing price of $789,500, while the market trend shows prices are up, suggesting sellers continue to seek higher price points even as transaction data catches up.
  3. Market liquidity appears muted given a median days on market of 252, which signals slower sales velocity and moderate friction between buyer offers and seller expectations; this may indicate longer negotiation timelines or selective buyer activity.
  4. Pricing and rent pressure are mixed: the median price per square foot is $370, rent is rising with a up rent year-over-year trend and interest rate pressure is described as moderate, which together suggest sustained rental demand alongside cautious mortgage-financed buyer activity in a neutral market temperature.

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.

Recent Transactions

3560 Highway 21, Boise, ID 83716
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2.5 baths2,939 sqft
$3,200,000
$1,089/sqft/sqft
60 days on market
1180 E Opus St, Boise, ID 83716
Premium

Sold above market average

3 beds4 baths5,649 sqft
$2,750,000
$487/sqft/sqft
39 days on market
2432 S Globe Ln, Boise, ID 83716
Premium

Sold above market average

4 beds4.5 baths4,949 sqft
$2,749,000
$555/sqft/sqft
291 days on market
6062 E Marmount Ct, Boise, ID 83716
Premium

Sold above market average

5 beds5.5 baths5,501 sqft
$2,649,900
$482/sqft/sqft
106 days on market
3492 E Heartleaf Dr, Boise, ID 83716
Premium

Sold above market average

3 beds4 baths5,351 sqft
$2,599,999
$486/sqft/sqft
282 days on market
5883 E Marmount Ct, Boise, ID 83716
Premium

Sold above market average

4 beds3.5 baths3,731 sqft
$2,099,900
$563/sqft/sqft
95 days on market
3523 E Via Estancia Ln, Boise, ID 83716
Premium

Sold above market average

4 beds4 baths2,882 sqft
$1,795,000
$623/sqft/sqft
1139 days on market
2548 S Linnet Pl, Boise, ID 83716
Premium

Sold above market average

4 beds3.5 baths3,733 sqft
$1,725,000
$462/sqft/sqft
46 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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