Boise Realtor November 2025 Market Report
Boise Realtor, Ava Tong, shares the November 2025 Boise Regional REALTORS® Market Report for the Idaho Treasure Valley.
Real Estate News & Insights
News from realtor.com – “2026 Brings a Turn Toward Affordability – Even as Home Prices Keep Rising” According to realtor.com 2026 is likely to be a more affordable year for many homebuyers. They expect mortgage rates to be lower and monthly payments are projected to drop. Read the news HERE.
News from Fortune.com – “The ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts”. Fortune indicates the “Great Housing Reset” will start in 2026 with income growth outpacing home-price growth, according to a Redfin report.
🏡 Ada County Market Interpretation
- Shift Toward Balance: Rising inventory and longer days on market suggest Ada County is moving away from the extreme seller’s market of recent years. Buyers now have more options and negotiating power.
- Price Growth Moderation: With resale prices up only 1–2% and new construction up 7%, appreciation is slowing. This reflects affordability pressures and higher mortgage rates.
- Demand Still Present: Closed sales are up nearly 8% YTD, showing that despite affordability challenges, buyers are still active.
- New Construction Impact: The surge in builder inventory (up 35%) is a major factor. If absorption slows, price competition between resale and new homes could intensify.
🔮 Outlook
- Short-Term: Expect continued modest price growth, but not the rapid escalation of past years.
- Medium-Term: If inventory keeps rising, Ada County could see flat or slightly declining prices in 2026, especially in the new construction segment.
- For Buyers: More choices, less competition, and potential leverage in negotiations.
- For Sellers: Pricing competitively and preparing homes well will be critical, as buyers are less pressured to bid aggressively.
Ada County Idaho Single Family Homes November 2025 Market Snapshot
Ada County Idaho Existing/Resale November 2025 Market Snapshot
Ada County Idaho New Construction November 2025 Market Snapshot
📊 Elmore County Key Market Highlights October 2025
Median Sales Price (MSP)
- Overall MSP: $369,950 (+5.4% YoY, flat MoM)
- Resale MSP: $344,125 (+5.1% YoY, flat MoM)
- New MSP: $387,490 (-2.5% YoY, -0.3% MoM)
- Interpretation: Prices are holding steady, but new home prices dipped slightly compared to last year.
🏡 Market Dynamics
- Affordable homes (<$300K): Accounted for 23% of sales, showing strong demand.
- High-end homes (> $650K): None sold in October, highlighting limited appetite for luxury in Elmore County.
- New builds: Concentrated in Mountain Home, with 67% priced under $400K.
- Market balance: Current Months Supply of Inventory (MSI) = 4.5, indicating a balanced market (4–6 MSI).
Elmore County Idaho Single Family Homes November 2025 Market Snapshot
Gem County Market Highlights October 2025
Gem County’s October 2025 housing market shows rising prices but slowing sales, with inventory building—especially at the high end—creating a mixed and segmented market
🏠 Market Balance
- Months Supply of Inventory (MSI): 3.8 months → “Balanced” market (4–6 MSI is considered balanced).
- Local Insight: Higher-end homes are struggling, while mid-range resale homes remain active. Market segmentation is widening
🔑 Key Takeaways
- Prices are rising, but sales volume is slipping, especially for new builds.
- High-end inventory ($800K+) is piling up without sales, signaling possible overpricing.
- Days on market are surging, showing buyer caution and slower absorption.
- Financing trends are shifting, with VA loans gaining traction while cash purchases decline.
This paints a picture of a divergent market: affordable resale homes are moving, while luxury and new construction face headwinds.
Gem County Idaho Single Family Homes November 2025 Market Snapshot
Canyon County Market Highlights October 2025
Canyon County’s October 2025 housing market shows moderate price growth, rising inventory, and mixed sales trends between resale and new homes. Resale homes are selling faster and in greater numbers, while new construction faces slower movement and price adjustments.
🧩 Interpretation
- Resale homes are outperforming new builds in terms of sales growth and speed, suggesting buyers are favoring affordability and established neighborhoods.
- New construction remains expensive and slower to sell, with many pending deals pushed into 2026.
- Inventory growth and price reductions indicate sellers are adjusting expectations, especially in the new home segment.
- Financing trends show reliance on conventional loans, but FHA loans remain significant, reflecting affordability pressures.
Canyon County Idaho Single Family Homes October 2025 Market Snapshot
Tagged with: Boise • Idaho • news • realtor • report
Filed under: Idaho Real Estate News
Like this post? Subscribe to my RSS feed and get loads more!
