Boise Housing Market, Week of October 12, 2026

Boise Market Pulse

Week of October 12 · from Camille Hubbard's team

This week's lean

Buyers gained ground this week.

Sellers held their asking prices. Buyers signed for less. When only one side moves, the market is telling you who blinked.

What moved · resale · vs last week

The full board · vs last week

Signed = went under contract. Days = median time on market for listings, or median time to contract for signed. Exact figures in the story below.

Most of what is listed got pricier this week. Then the resale homes that actually went under contract moved the opposite way. That gap is where this week's story lives.

Rates eased a touch as well, and that matters more than any sticker. Let me walk you through it.

Resale sellers nudged prices up as signed deals came down

Resale asking prices climbed to $626,950, a rise of $2,610 over the prior week. Sellers are holding firm and then some.

The accepted offers tell a different tale. Resale homes going under contract came in at a median of $540,050, a slide of $6,870 for the week. So the ask ticked up while the signed deals dropped. Buyers are not meeting list.

Accepted offers also grew thinner, down to 441, a loss of 11. The deals that did close the gap were signed in a median of 17 days, holding the pace of the week before. Price a resale home right and it lands a buyer in roughly two and a half weeks. Meanwhile, resale homes sitting on the market today have a median of 34 days behind them, so the ones reaching for too much simply wait longer.

New home prices jumped and the shelf got deeper

Builders flipped the script this week. A brand new home now carries a median ask of $599,900, a jump of $11,461. Even after that bump, new home asking prices sit under resale asking prices, which still surprises folks who assume new costs more.

Inventory grew too, with 515 new homes available, up 36 for the week. Those listings carry a median of 63 days on the market, close to double the resale wait. A new build asks a seller for patience.

The new homes that went under contract barely budged on price, at $580,076, up just $311. Those accepted offers took a median of 59 days to reach agreement, six days longer than the prior week. Deals are getting done on the new side, just at a more relaxed speed than resale.

Your rate writes the monthly check, not the sticker

The 30-year fixed averaged 7.4% as of October 15, per Freddie Mac. That is why a trimmed asking price does not automatically shrink your payment. At this level, the rate can quietly swallow a price cut.

Buyers, nail down your true monthly number, rate and all, before you start touring. Well-priced resale homes are getting offers in about two and a half weeks, so readiness beats waiting.

Sellers, price to what is going under contract, not to what the house down the block listed at. Buyers are rewarding honest numbers and strolling past the hopeful ones.

If these rates feel heavy around the Treasure Valley, I understand. They tend to reset expectations in a healthier direction, and that often opens a better door than the one you were eyeing. Want to run your own numbers? I am always glad to help.