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Boise Market Update | Boise, Idaho Real Estate Market Update | January 2022

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Your local monthly update is HERE. 🏡

Here’s what housing experts are discussing right now regarding the local Boise Real Estate Market:

  • Interest rates affect pricing. What does this mean for you?
  • Inventory is still low. What does this mean for homebuyers?
  • We discuss demand in Boise. What does this mean for Buyers & Sellers?

Buying a Home in the Boise, ID area?

If you are considering buying a home in Boise, Idaho, remember that although home prices are higher than they’ve ever been, home interest rates are at HISTORIC LOWS. This means its extremely cheap to borrow money when financing a home, which helps balance out the higher purchase prices. When hiring a real estate agent to sell your home, interview and hire a professional that knows the ins and outs of our current market.

Ensure the agent you hire understands how to handle multiple offers, can get you the most money for your home, negotiate the best terms, and/or situation such as waiving the home inspection or waiving the appraisal to eliminate the worry or your home’s value coming in low.

Curious how this impacts you or want more information regarding your specific situation? Contact us at 208.391.5117 or email us at

Who is Own Boise?

At Own Boise, our mission is to ‘Own Where You Live’, which is more than owning real estate although we love that people do! We believe that in order to own where you live, you must be involved in the community. That involvement can come in many different ways. Donating time, money, volunteering, teaching, coaching, leading or simply just showing up.

Our team currently consists of 19 full time team members working for you.

In 2021, Own Boise was recognized as one of “2021s Best Real Estate Teams in Idaho” by Real Trends and “Diamond Level Team” by Boise Regional Realtors for selling over $70 million in volume.

In 2021, the average agent sold 3.6 homes whereas Own Boise sold 164. Our team sells 45X more homes than the average agent. We sell 90% of the homes we list whereas the average agent sells 83%. We average 7 days on the market whereas our competitor averages at 16 days, meaning we sell homes more than twice as fast. Finally, our original list price vs. sold price is 101.8% compared to the average agent’s 86.2%. Which means we get our sellers 15.6% more money, or $89,734 their pockets based on the average sold price of $575,218.

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