The housing median value in Boise, ID (83709) is $427,100. This is higher than the U.S. house median value of $338,100 and contrasts with the U.S. one-year house appreciation rate of 8.27%. Unfortunately, in Boise, ID the one-year house appreciation rate has dropped to -0.26%. Although the housing prices are still high compared to the national average, this suggests that it may not be the best time to invest in housing in Boise at this moment in time as it could lead to a potential loss of money.
The median home cost in Boise (zip 83709) is $427,100. Home appreciation the last 10 years has been 235.4%. Home Appreciation in Boise (zip 83709) is up 8.4%.
Average Age of Homes
- The median age of Boise (zip 83709) real estate is 23 years old
The Rental Market in Boise (zip 83709)
- Renters make up 19.8% of the Boise (zip 83709) population
- 0.7% of houses and apartments in Boise (zip 83709), 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.