After several years of rapid growth, the market is settling into a healthier pace. People are still moving in, jobs are still being created, and major employers continue to invest in the region. At the same time, builders are adjusting to affordability challenges and rising inventory, creating a market that feels less rushed and more approachable for buyers.
Boise Continues to Grow — and So Does Housing Demand
Boise remains one of the country’s steadier growth markets. The metro area now has just over 891,000 residents, thanks to continued in‑migration and new households forming locally. Job growth is strong as well: the region added 2.5% more jobs in 2025 and is expected to keep expanding through 2027.
This steady job market, rising incomes, and ongoing population growth are helping keep housing demand solid. Median household income has climbed to about $95,870 this year, and that trend is expected to continue, especially among higher‑earning households.
Sales Activity Stays Solid, Even as Prices Adjust
New‑home sales remain healthy. As of January, annualized sales reached about 5,900 — nearly 16% higher than a year earlier. Most buyers are still choosing detached homes, though interest in attached homes is growing.
Prices are shifting in different ways depending on the home type. The median closing price for a new home dipped 4% at the end of 2025 to $457,000. Listing prices tell a more detailed story: detached homes are still seeing price growth, while attached homes are experiencing modest declines.
For buyers, this could mean more affordable options depending on what they’re looking for.
More Homes on the Market Give Buyers Breathing Room
One of the biggest changes for shoppers is the rise in finished inventory. As of the fourth quarter of 2025, completed homes ready for move‑in are up nearly 34% from last year — the highest level since 2012.
Builders are being more cautious with new construction and keeping fewer quick move‑in homes per community than in previous years. Even so, the increase in finished homes means buyers today are more likely to find something move‑in ready without waiting months for construction.
What This Means for Buyers in 2026
Boise’s long‑term outlook remains strong. The economy is healthy, population growth is steady, and the region continues to attract investment. But the near‑term market offers a different kind of opportunity.
Higher inventory, slightly softer pricing, and a calmer sales pace give buyers more room to explore their options. Those who felt shut out during the fast‑moving years may find 2026 to be a more welcoming time to reenter the market. Boise is finding its balance — and for many home shoppers, that reset could make the path to homeownership feel clearer and more achievable.
The insights in this article were taken from a more in-depth Market Report published in Zonda’s National Outlook subscription.
