{"id":47762,"date":"2024-08-30T10:13:33","date_gmt":"2024-08-30T17:13:33","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=47762"},"modified":"2026-04-06T00:28:46","modified_gmt":"2026-04-06T07:28:46","slug":"home-values-in-boise","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/home-values-in-boise\/","title":{"rendered":"Home Values in Boise: How to Maximize Your Sale"},"content":{"rendered":"

Wondering how much your Boise home is worth in today\u2019s market? Whether you\u2019re looking to cancel PMI<\/a>, are thinking of selling soon, or are simply curious about current home values in your neighborhood, knowing what your home is worth can help facilitate your next steps.<\/p>\n

In this article, we\u2019ll explore the latest trends in Boise home prices, offer tips for obtaining an accurate home value estimate<\/a>, and share practical ways to increase your home\u2019s value. We\u2019ll also introduce tools to help you get the best price for your Boise home when it\u2019s time to sell.<\/p>\n\n\n\n\n\n

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\n \"homelight\n <\/div>\n \n

Already Own a Home? What's It Worth Now?<\/h3>\n

Home values have rapidly increased in recent years. How much is your current home worth now? Get a ballpark estimate from HomeLight’s free Home Value Estimator.<\/p>\n \n

\n Get Estimate<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

Editor\u2019s note: This post is for educational purposes and is not intended to be construed as financial advice. HomeLight always encourages you to consult your own advisor.<\/em><\/p>\n

<\/div>\n

Current home values in Boise<\/h2>\n

Since the summer of 2020, the median home price in Boise has climbed by over 42.1%. In July 2020, the typical Boise home was selling for $370,000. As of July 2024, that number has increased to just under $526,000<\/a>, according to data reported by We Know Boise.<\/p>\n

With this increase in prices, the Boise market looks promising for homebuyers who hope to see their property value appreciate over the next several years.<\/p>\n

\u201cWith a home appreciation of 218% and yearly growth of 12% on average over the last 10 years, Boise shows the potential to be one of the best places to buy property,\u201d said Jeff Tricoli of the Tricoli Team in a recent report by Yahoo! Finance<\/a>.<\/p>\n

\u201cThis trend is expected to be followed even in the coming years, making more sense to buy in the market,\u201d said Tricoli.<\/p>\n

The table below illustrates just how high home prices have climbed in the Boise region over the last five years:<\/p>\n\n\n\n\n\n\n\n\n
Year<\/strong><\/td>\nMedian home price<\/strong><\/td>\nPercent change year-over-year<\/strong><\/td>\n<\/tr>\n
2024 (July)<\/a><\/td>\n$525,888<\/td>\n+0.17%<\/td>\n<\/tr>\n
2023<\/a><\/td>\n$525,000<\/td>\n0.0%<\/td>\n<\/tr>\n
2022<\/a><\/td>\n$525,000<\/td>\n+7.58%<\/td>\n<\/tr>\n
2021<\/a><\/td>\n$488,000<\/td>\n+31.9%<\/td>\n<\/tr>\n
2020<\/a><\/td>\n$370,000<\/td>\n+10.45%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: We Know Boise<\/a><\/em><\/p>\n

This trend isn\u2019t just affecting Boise \u2014 it\u2019s a nationwide phenomenon. The S&P CoreLogic Case-Shiller National Home Price Index revealed that home prices across the United States have surged by over 50% since the beginning of 2020<\/a>.<\/p>\n

This significant increase has been largely beneficial for homeowners, allowing many to build up substantial equity<\/a> in their properties. This newfound equity can be used to pay off debts, invest in new properties, renovate existing homes, or even contribute to retirement savings. As of early 2024, ICE\u2019s Mortgage Monitor revealed that the average U.S. mortgage-holding homeowner has about $299,000 in equity<\/a>.<\/p>\n

For comparison, the table below shows median home prices in cities and suburbs near Boise:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
City<\/strong><\/td>\nMedian home price<\/strong><\/td>\nDistance from Boise<\/strong><\/td>\n<\/tr>\n
Kuna<\/td>\n$499,900<\/td>\n25-34 min (20.1 miles)<\/td>\n<\/tr>\n
Caldwell<\/td>\n$381,100<\/td>\n27-36 min (27.5 miles)<\/td>\n<\/tr>\n<\/tbody>\n
Nampa<\/td>\n$397,000<\/td>\n21-31 min (20.0 miles)<\/td>\n<\/tr>\n
Ontario, Oregon<\/td>\n$329,500<\/td>\n48 min-1 hr 2 min (56.4 miles)<\/td>\n<\/tr>\n
Emmett<\/td>\n$527,000<\/td>\n45 min-1 hr 11 min (36.2 miles)<\/td>\n<\/tr>\n
Fruitland<\/td>\n$430,000<\/td>\n49 min – 1 hr (54.4 miles)<\/td>\n<\/tr>\n
Middleton<\/td>\n$559,800<\/td>\n34-44 min (33.7 miles)<\/td>\n<\/tr>\n
Garden City<\/td>\n$792,000<\/td>\n7-12 min (2.1 miles)<\/td>\n<\/tr>\n
Eagle<\/td>\n$783,300<\/td>\n20-41 min (10.0 miles)<\/td>\n<\/tr>\n
Meridian<\/td>\n$553,200<\/td>\n14-24 min (11.8 miles)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Home value averages of multiple public transaction sites<\/em><\/p>\n

Typical travel times 8 a.m. midweek<\/em><\/p>\n

In the next section, we\u2019ll guide you through the best tools to estimate your Boise home\u2019s value.<\/p>\n","protected":false},"excerpt":{"rendered":"

Explore home values in Boise, Idaho, learn how to get a home value estimate, and effectively maximize your sale price with these expert insights<\/p>\n","protected":false},"author":363,"featured_media":47765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[320,330],"tags":[],"class_list":["post-47762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-add-value","category-house-value"],"acf":[],"yoast_head":"\nHome Values in Boise: How to Maximize Your Sale<\/title>\n<meta name=\"description\" content=\"Explore home values in Boise, Idaho, learn how to get a home value estimate, and effectively maximize your sale price with these expert insights\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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