Is Idaho Real Estate Overpriced in 2025? Here’s What You Need to Know

Is Idaho Real Estate Overpriced in 2025? Here’s What You Need to Know

After years of rapid growth, many are wondering: Is Idaho real estate overpriced? If you’re thinking about buying or selling a home in Boise, Eagle, or the greater Treasure Valley, it’s a fair question—and the answer depends on your perspective.

Idaho’s Growth Surge: A Double-Edged Sword

During the pandemic-era housing boom, Idaho—especially Boise—became one of the hottest markets in the country. According to the Federal Housing Finance Agency, home prices in Idaho rose over 80% between 2016 and 2022, outpacing most of the U.S. As of mid-2025, prices have softened slightly. Ada County’s median home price sits around $521,000, down about 3.8% year-over-year (Boise Regional REALTORS®, June 2025).

While some call this “overpriced,” others see it as market correction rather than collapse. Yes, prices remain high compared to pre-2020 levels, but so do job growth, in-migration, and quality-of-life demand.

Overvalued or Undersupplied?

A 2024 report by Moody’s Analytics ranked Boise as overvalued by approximately 18–22% based on local income and historical trends. But that doesn’t mean a crash is imminent. Strong demand from out-of-state buyers, limited new construction due to labor and material costs, and Idaho’s ongoing popularity help keep prices elevated.

What It Means for Buyers and Sellers

• Buyers: You’re not buying at peak-pandemic pricing anymore, but this is still a competitive market. The key is finding value—homes priced right for location, condition, and long-term potential.
  
  
• Sellers: Your equity is likely strong, even if prices have dipped slightly. Pricing your home appropriately is crucial to avoid sitting on the market.
  
  

At Abmont Realty Group, we help buyers and sellers navigate the nuances of the Treasure Valley market with local insight and a strategy tailored to your goals.

📞 Call Abmont Realty Group at 208-789-4320 to explore your options or get a free home value estimate.