Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$491,851+1.7% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$106,623About 1.2× the local median income ($88,248): a stretch for a typical household
Days on market50 daysAbout the same pace as a year ago
Next 12 months+3.3%Zillow expects prices to rise slightly
The typical home in Boise City, ID is worth $491,851, up 1.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $416,913, so the area is 18.0% overvalued. It is a seller's market: homes take about 50 days to sell, listings are down 4% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 3.3% over the next year. A household needs about $106,623 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,248. Typical rent is $1,924 a month, or $2,336 for a house. In the latest IRS figures, 8,342 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$491,851
Change in 1 year
+1.7%
Overvalued %
+18.0%
Show 7 more
Fair home value
$416,913
Change in 5 years
−0.3%
Zillow forecast, next 12 months
+3.3%
Home value to income
5.6×
Monthly mortgage payment (20% down)
$2,666
Income needed to afford it
$106,623
Property tax rate
0.52%
Rent and investing
Typical rent
$1,924
Typical rent for houses
$2,336
Price-to-rent ratio
21.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,528
Gross rental yield
4.69%
Cap rate (estimate)
3.05%
Market activity
Listings vs a year ago
−4.4%
Days on market
50
Listings with a price cut
18.3%
Show 3 more
Homes for sale
2,888
Pending sales per 100 listings
65
Asking price per sq ft
$300
People and jobs
Median household income
$88,248
Population change (1 year)
+2.2%
Unemployment rate
3.3%
Show 4 more
Population
864,243
Income adjusted for cost of living
$89,683
Net moves in (IRS)
+8,342
Cost of living (US = 100)
98.4
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
80.3
Unhealthy air days a year
0
Show 4 more
Flood risk score
84.5
Wildfire risk score
96.4
Walkability (1 to 20)
10.0
Road, rail and air noise
53 dB
Questions people ask
Is Boise City, ID overvalued?
Home prices in Boise City, ID are well above what local incomes have historically supported: fair value is about $416,913, so the area is 18.0% overvalued.
Is Boise City, ID a buyer's or seller's market?
Boise City, ID is a seller's market: homes take about 50 days to sell, listings are down 4% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Boise City, ID?
Home values in Boise City, ID are up 1.7% over the last year. Zillow's forecast for the next 12 months is +3.3%.
How much do you need to earn to buy a home in Boise City, ID?
A household needs about $106,623 a year to afford the typical home in Boise City, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,248.