Keller Williams Realty Boise Each Office Independently Owned and Operated

Treasure Valley
Market Update

July 2026  ·  Ada County, Idaho

Data sourced from Boise Regional REALTORS® / IMLS. Phase 1 snapshot published August 8, 2026.

$602,000

Ada County · +9.5% year-over-year

34

Ada County · -10.5% year-over-year

947

Ada County July 2026 · +4.8% YoY

1,976

Ada County inventory · -10.1% YoY

Where Things Stand
July 2026

The July 2026 numbers are in — and the story is price growth. Ada County's median sale price hit $602,000, up 9.5% from a year ago. That's the strongest year-over-year price appreciation we've seen in this cycle, and it signals that demand is holding firm even as summer winds down.

947 homes sold in July — up 4.8% from last year. Sales volume is solid, though slightly off June's pace, which is normal for this time of year. What's notable is that price appreciation is accelerating even as volume moderates.

Days on market came in at 34 days — down 10.5% year-over-year. Homes are selling faster than they were a year ago, which tells you buyers are engaged and moving. Inventory sits at 1,976 active listings, down 10.1% from last July. Tightening supply plus rising prices equals continued upward pressure.

Bottom line: if you're a seller, the market is working for you right now — prices are rising and homes are selling quickly. If you're a buyer, waiting won't get you a better deal. The longer you sit, the more you're likely to pay.

What's Driving the Market

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.

Snapshot by Community

Area Median Price Market Temp
Eagle $650K–$750K+ Hot 🔥
Meridian ~$575K Hot 🔥
Boise ~$500K Active
Star ~$470K Active
Nampa ~$400K Balanced
Caldwell ~$420K median Balanced

Source: Boise Regional REALTORS® / IMLS. July 2026 data. Updated August 2026.

Existing vs. New Construction

Type Median Price Homes Sold Days on Market
All Single-Family $602,000 ▲9.5% 947 ▲4.8% 34 days ▼10.5%

Source: Boise Regional REALTORS® / IMLS as of August 8, 2026.

How to Win in This Market

  • Get fully pre-approved before you search
  • Be ready to move fast — good homes go in days
  • Know your must-haves vs. nice-to-haves before you start
  • Consider Eagle alternatives (Star, NW Meridian) for value
  • Work with a local agent who knows the micro-markets

Maximize Your Sale

  • Price right from day one — buyers are watching days on market
  • Invest in professional photography — it's non-negotiable
  • Declutter and depersonalize before listing
  • Review all offers carefully — price isn't everything
  • Spring is your best window — don't wait until summer

Want to Know What
Your Home Is Worth?

Market averages are just a starting point. Every home is unique. Reach out and I'll give you a personalized, no-pressure analysis of what your home could sell for right now.

Contact Sam →
Keller Williams Realty Boise
REALTOR®
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