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 after an average of 26 days on the market, suggesting a steady pace in transactions.
Inventory levels have seen an uptick, with active listings reaching 3,335 homes, creating a 2.4-month supply. This increase in available properties has led to 41.2% of listings undergoing price reductions, indicating a more balanced market dynamic.
Several developments are contributing to Boise’s evolving housing landscape. The Roe Street Multi-Family Homes project, initiated by the Capital City Development Corporation (CCDC), aims to transform a 1.92-acre site into a high-quality, transit-oriented residential community, enhancing housing affordability in the area.
Another significant project is The Avens, a multifamily sustainable housing development targeting Passive House certification. Located on the west edge of downtown Boise, this project aligns with the city’s commitment to clean energy and carbon neutrality.
Additionally, the Riverline project at the southwest corner of S. 11th Street and W. Lee Street proposes 48 apartments in a four-story building, addressing the need for housing in the River-Myrtle District. The development includes amenities such as a roof deck and gym, catering to Boise’s active lifestyle.
These developments, along with others like the Ash + River Townhomes and Wilson Station, reflect Boise’s proactive approach to expanding housing opportunities and addressing affordability challenges.
As Boise continues to grow, understanding these market trends and developments is crucial for residents and potential homebuyers navigating the city’s real estate landscape.