Boise, ID Housing Market Forecast & Trends In 2022

Abstract

The Boise housing market has been one of the hottest locales in the country. As recently as the second quarter of this year, home prices in Elmore County were up 13.3% year over year, selling for somewhere in the neighborhood of $340,000. There’s still about 8.5 weeks of inventory in Ada County. The Boise house market has a long way to go. It is only a matter of time until rates reduce demand. In fact, rising rates are starting to impact Elmore and Gem County are beginning to impact. It's only a Matter of time when rates are going to reduce demand and the market is starting to affect the local housing market. For more information, you can go to the local real estate market in Boise, Idaho, or Gem County, or the Idaho Housing Market Trends, click here to see how much you can afford to buy a home in the local market you can buy and buy a new home in a local market.