Boise Housing Market, Week of October 5, 2026

Boise Market Pulse

Week of October 5 · from Camille Hubbard's team

This week's lean

An even week in the market.

Asking and signing moved together. Neither buyers nor sellers gained real ground.

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.

Two numbers moved in opposite directions this week. Resale sellers raised their asking prices, while the resale homes going under contract came in cheaper. That split tells you buyers and sellers are not reading this market the same way.

Rates sit on top of everything. Here is what actually shifted.

Resale sellers raised the sticker while deals got signed lower

The median asking price on a resale home climbed to $624,340, a gain of $3,650 over the prior week. Sellers are standing firm on what they list for.

Now look at what buyers actually agreed to. The median price on resale homes that went under contract landed at $546,920, a drop of $5,840 for the week. So the listing number went one way and the accepted offers went the other. Buyers are simply not paying list.

Accepted offers thinned out too. The count of resale homes under contract fell to 452, off 33 for the week. The deals that did come together were signed in a median of 17 days, holding the same pace as the week before. Sharp pricing still finds a buyer in roughly two and a half weeks.

My read: the homes getting offers are the ones priced honestly. The homes reaching for a bigger number are waiting. For reference, resale homes listed right now have been on the market a median of 33 days.

New construction sellers trimmed their asking prices

Builders cut their list numbers this week. The median asking price on a brand new home dropped to $588,439, a cut of $13,277. That pushes new construction asking prices under resale asking prices, which still surprises folks who assume new always costs more.

The new home shelf grew to 479 for sale, up 11 for the week. Those listings have been waiting a median of 64 days, longer than resale. A new build simply takes more patience from a seller.

On the pending side, new homes that went under contract barely moved, at $579,765, slipping just $320. Those accepted offers came together in a median of 53 days, four days quicker than the prior week. Deals are happening, just slower than on the resale side.

The rate is the number that sets your payment

The 30-year fixed averaged 7.4% as of October 8, per Freddie Mac. That is why a lower asking price does not hand you a lower monthly payment. When borrowing costs sit this high, the rate can quietly swallow a price cut.

For buyers, figure out your real monthly number, rate included, before you shop. Well-priced resale homes are getting accepted offers in about two and a half weeks, so being ready matters more than waiting.

For sellers, price to what is going under contract, not to what the neighbor listed at. Buyers are rewarding honest pricing and skipping wishful numbers.

If these rates feel heavy, I understand. They tend to reset expectations in a healthier direction, and that often opens a better door. Want to run your own numbers? I am always glad to help.