Idaho Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Boise's market has cooled from its pandemic-era frenzy but remains active, with prices stabilizing after correcting 5-10% from 2022 peaks. The Treasure Valley (Boise-Nampa-Meridian) continues to see in-migration, though at a slower pace than 2020-2021. Secondary markets like Idaho Falls, Coeur d'Alene, and Twin Falls are experiencing their own growth waves as buyers seek alternatives to increasingly expensive Boise. The state's limited housing inventory — constrained by water rights issues and development regulations — continues to support prices even as demand normalizes.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Idaho?

The Idaho housing market is showing balanced conditions.

home values have grown a moderate 1.3% year-over-year. there are currently 499 homes on the market.

Median Home Value

$468,156

Zillow Home Value Index

Year-over-Year

+1.3%

Home value change

5-Year Change

+27.6%

Since 2021

Median Rent

$1,563/mo

Zillow Observed Rent Index

Active Listings

499

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Idaho vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Idaho: $1,563/mo (+4.8% YoY)

Rent vs. Buy Analysis

With a median home value of $468,156 and average rent of $1,563/mo, the price-to-rent ratio in Idaho is 25.0. A ratio above 21 suggests renting may be more cost-effective.

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