February 2024 Market Update

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Boise Real Estate Market Summary for February 2024

  • Median sales price: $450,000
  • Total home sales: 191
  • Median days on the market: 36 days 
  • The median sales price per foot: $305 (up from 8.5% last year)

Treasure Valley and Valley County Housing Market Median Prices

  • Ada County: $522,000
  • Gem County: $439,500
  • Canyon County: $409,818
  • Boise County: $510,000
  • Valley County: $960,000 (huge uptick from the prior month)

Boise Housing Market Trends

Boise remains somewhat competitive as compared to other real estate markets. Down in February from January, but buckle up as Spring warms us up….so does our housing market! Each County area had an almost 2% rise in sales prices compared to January 2024. Have you looked into our school districts? Here are a couple of links with valuable information: https://www.boiseschools.org/ and https://www.westada.org/

People continue to move into Boise from Los Angeles, CA, San Francisco, CA, San Deigo, CA, Portland, OR, Denver, CO, Salt Lake City, UT, but Seattle, WA topped the charts!

Boise remains in multiple lists as a Top 10 ranking for Transit-friendly, Bikeable, and Walkable.  And as our weather warms up….even a better time to get out there!

REFERENCES:

  • https://www.boirealtors.com
  • https://www.redfin.com/city/2287/ID/Boise/housing-market
  • https://www.redfin.com/county/710/ID/Valley-County/housing-market

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