Each Office Independently Owned and Operated
Each Office Independently Owned and Operated
August 2026 · Ada County, Idaho
Data sourced from Boise Regional REALTORS® / IMLS. Phase 1 snapshot published September 8, 2026.
$595,000
Ada County · +6.9% year-over-year
37
Ada County · -9.8% year-over-year
955
Ada County August 2026 · +14.8% YoY
1,979
Ada County inventory · -10.6% YoY
The August 2026 numbers are out — and the market is holding steady with healthy volume. Ada County's median sale price came in at $595,000, up 6.9% from a year ago. A slight moderation from July's $602,000, which is normal seasonal adjustment as summer activity peaks and begins to cool.
955 homes sold in August — up 14.8% from last year. That's the strongest sales volume YoY growth we've seen, and it signals robust buyer demand heading into fall. People who delayed in spring are now pulling the trigger.
Days on market ticked up to 37 days — still down 9.8% year-over-year, meaning homes continue to sell faster than last year. Inventory sits at 1,979 active listings, down 10.6% from last August. Supply remains tight. The big wildcard heading into Q4: the Fed signaled a possible rate hike if inflation doesn't cool — which could affect buyer affordability and demand.
Bottom line: strong sales volume, tight inventory, and healthy price appreciation define August. Sellers still hold an edge. Buyers who act before any Fed rate increase preserve their purchasing power.
Mortgage rates ticked up slightly in mid-June to 6.52% (30-year fixed) following stronger-than-expected job growth and inflation data. The economy added 172,000 jobs in May, unemployment held at 4.3%, and annual inflation rose to 4.2% — the highest in three years. Federal Reserve rate cuts now look less likely in the near term.
Despite higher rates, nationally existing home sales reached a five-month high and pending sales increased for the sixth consecutive month. Idaho is following that trend and then some.
The 21st Century Road to Housing Act passed both the House and Senate with bipartisan support in June. The bill targets supply: new restrictions on large institutional investors, banking deregulation to expand mortgage lending, and reduced permitting times. President Trump delayed signing, but analysts expect it to become law. Long-term, this is good news for housing supply and affordability.
Locally, Boise's proposed property tax increase for FY27 was cut from 4% to 2.7% in the mayor's revised budget — saving residents a combined $2.9 million. The city council still needs to approve it, but the direction is clear: city leadership is listening to housing cost concerns.
Sources: Boise Regional REALTORS® Phase 2 Report · Realtor.com · NAR. Updated July 22, 2026.
Source: Boise Regional REALTORS® / IMLS. August 2026 data. Updated September 2026.
Source: Boise Regional REALTORS® / IMLS as of September 8, 2026.
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