Boise Housing Market, Week of May 25, 2026

Boise Market Pulse

Week of May 25 · from Camille Hubbard's team

Sellers in Boise are seeing more competition this week, and buyers have a wider selection. Prices for resale homes dipped, while new construction is standing its ground, but with a growing number of homes sitting on the market. If you’re wondering whether now is a good time to make a move, the real story is in how quickly homes are moving and where prices are starting to give.

Existing homes

There are more resale homes for sale than last week, with 886 active listings, up by 27. That’s the third week in a row inventory has climbed, giving buyers more options and making it harder for sellers to stand firm on price. The typical resale home is listed at $649,900, which is down over $15,000 from last week. That’s a clear sign some sellers are dropping their asking price to catch buyers’ attention.

Homes going under contract are doing so at a median price of $580,000, up $3,000 from last week, but the number of pending sales dropped by 21. The typical home is going pending in just over a week, with median days on market holding at 8 days. So while there are more homes to choose from, buyers are still moving quickly on the best-priced properties. If you’re selling, you’ll need to price sharply and be ready to negotiate.

New construction

Builders added 16 more brand new homes to the market this week, bringing active inventory to 395. The median list price for new construction nudged up a hair to $669,990, but the bigger story is that homes are taking longer to sell. The average new build is sitting for 53 days, two days longer than last week. Pending sales are a bit softer, both in price and activity. The median price for homes going under contract dropped nearly $9,000 to $615,990, and there were just 201 pending sales, down by two.

If you’re shopping new builds, you may find builders more willing to talk incentives or upgrades, especially on homes that have been sitting for weeks. The price gap between active and pending new construction suggests buyers are negotiating lower deals than what’s posted.

The bigger picture

High mortgage rates are still putting pressure on buyers’ budgets, which is making it harder for sellers to hold the line on price. The Federal Reserve’s decision to keep rates steady means we’re not seeing any relief in borrowing costs, so monthly payments remain high. That’s slowing down first-time buyers especially, and keeping more homes on the market longer, particularly in established neighborhoods.

Builders are facing higher costs for materials, and that’s keeping new construction prices firm, even as some buyers push for deals. In places like Meridian and west Boise, new builds are taking longer to find a buyer, which could mean more room for negotiation if you’re patient.

If I had to guess, I’d say we’re in a market where steady is the name of the game. Sellers need to be realistic about pricing, and buyers have a bit more leverage and choice than they did earlier this spring. The pace isn’t frantic, but well-prepared buyers and sellers can still get what they want if they’re willing to adapt.

The market isn’t offering any dramatic surprises right now, just a steady stream of new listings and a bit more breathing room on both sides. If you’re trying to time your next move, focus on what works for your life, not just the latest headlines.