Boise, ID has a housing median value of $478,900 which is significantly higher than the US House Median Value of $338,100. Unfortunately, the one year housing appreciation in Boise, ID was -0.26% compared to the US 1 year House Appreciation of 8.27%. Despite this negative appreciation rate, buyers should not be deterred from investing in real estate in Boise as it remains an attractive option for potential homeowners and investors alike due to its higher median home values compared to other areas.
The median home cost in Boise City is $478,900. Home appreciation the last 10 years has been 235.4%. Home Appreciation in Boise City is up 8.4%.
Average Age of Homes
- The median age of Boise City real estate is 34 years old
The Rental Market in Boise City
- Renters make up 38.0% of the Boise City population
- 0.9% of houses and apartments in Boise City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.