Boise’s housing market is experiencing notable shifts, with recent data indicating a slight decrease in home prices. In March 2026, the median sale price was $495,000, reflecting a 1.0% decline compared to the previous year. Homes are selling in approximately 26 days, with an average of three offers per property.
Rental dynamics are also evolving. The city has seen an increase in rental inventory, leading to more options for tenants. However, demand remains strong, particularly for affordable housing solutions.
Several development projects are underway to address these housing needs. The Roe Street Multi-Family Homes project aims to transform a 1.92-acre site into a transit-oriented residential community, offering long-term rental housing affordable to households earning up to 100% of the Area Median Income.
Another significant development is The Avens, a multifamily sustainable housing project targeting Passive House certification. This initiative aligns with Boise’s commitment to using 100% clean energy by 2035 and becoming carbon neutral by 2050.
Additionally, the Wilson Station project is a mixed-use affordable housing development comprising 102 multi-family units and ground-floor commercial space. This project is part of the city’s Housing Land Trust program, ensuring affordable rental rates for residents earning 30 to 80 percent of the area median income.
These developments reflect Boise’s proactive approach to creating a balanced and sustainable housing environment, catering to a diverse range of residents and contributing to the city’s growth and vitality.