Are Housing Prices Dropping in Boise? Here’s What Buyers and Sellers Should Know

If you’ve been watching the real estate market in Boise lately, you might be wondering: Are housing prices actually dropping? The short answer is—yes, but with important context.

After years of explosive growth, Boise’s housing market has been experiencing a modest correction. According to the Boise Regional REALTORS®, as of mid-2025, the median sales price in Ada County has declined by approximately 3.8% year-over-year, sitting at around $521,000. This softening is largely due to higher mortgage rates, increased inventory, and a more cautious buyer pool.

However, this is not a market crash. It’s a normalization after the pandemic-fueled surge that saw home prices climb nearly 50% from 2020 to 2022. For sellers, that means homes are still valued significantly higher than they were just a few years ago. For buyers, there’s finally breathing room—less bidding wars, more options, and a bit more negotiating power.

Inventory is gradually increasing across the Treasure Valley. As of June 2025, active listings are up about 18% year-over-year in Ada County, giving buyers more choices. Homes are also staying on the market slightly longer, averaging 37 days, compared to 21 days at the peak.

So, what does this mean for you?

For Buyers: This is an opportunity to re-enter the Boise market with more leverage. Prices are slightly lower, and you may be able to negotiate for closing costs or rate buydowns. Work with a local agent who understands how to make the most of these shifts.

For Sellers: Pricing your home accurately is key. Overpricing can result in longer days on market, while strategic pricing (based on recent comparables) can still attract serious, qualified buyers. Remember: even with a slight dip, home values in Boise remain historically strong.

At Abmont Realty Group, we specialize in helping both buyers and sellers navigate these changes in Boise, Eagle, Meridian, and the surrounding Treasure Valley. Call us at 208-789-4320 to talk strategy—whether you’re considering a move or just want to understand your home’s value.