Home Value Trail

Metro areas › Boise City, ID

Metropolitan area

Boise City, ID

Idaho · 5 counties · 864,243 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Boise City, ID, quarterly from 1979 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060019801990200020102020United States2026: 515
Boise City (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

Boise City, ID is a metropolitan statistical area of 5 counties and about 864,000 residents. FHFA's annual index for it begins in 1975 and has risen +1281.0% through 2025.

The standard quarterly index for the area, published through 2026 Q2, is +3.7% on a year earlier and +1.3% on the previous quarter.

Over the ten years to 2025 the annual index rose +161.0% (+10.1% a year), above Idaho at +149.0% and well above the national +85.0%.

From a 2007 peak the index fell −39.8% to 2011, regaining the peak in 2017.

Across its counties, 9,734 housing units were authorised in the 12 months to August 2026, 11.3 per 1,000 residents, +1.6% on the previous 12 months.

+3.7%year to 2026 Q2, quarterly indexUS +3.0%
+2.6%1 year, 2024–2025US +2.8%
+50.4%5 yearsUS +47.0%
+161.0%10 years+10.1% a year annualised
+288.8%since 2000US +158.3%
9,734units permitted, 12 months11.3 per 1,000 residents

Same span, three levels

Change in the FHFA indexBoise CityIdahoUnited States
1 year (2024–2025)+2.6%+2.3%+2.8%
5 years (2020–2025)+50.4%+56.6%+47.0%
10 years (2015–2025)+161.0%+149.0%+85.0%
20 years (2005–2025)+188.0%+170.1%+79.1%
Since 2000+288.8%+266.3%+158.3%
Since 1975+1281.0%+1030.8%+960.7%
10-year annualised+10.1%+9.6%+6.3%
20-year annualised+5.4%+5.1%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+26.0%+68.2%
1990s (1990–2000)+57.0%+33.9%
2000s (2000–2010)+21.4%+29.7%
2010s (2010–2020)+113.0%+35.5%
2020s so far (2020–2025)+50.4%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072011−39.8%2017

Building permits across the area

Housing units authorised in the area's 5 counties (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Boise City, ID area by month, latest 12 months05001,0001,500Sep 2025: 737 units (586 single-family, 151 in multi-unit buildings)Sep 2025Oct 2025: 768 units (646 single-family, 122 in multi-unit buildings)Oct 2025Nov 2025: 542 units (490 single-family, 52 in multi-unit buildings)Nov 2025Dec 2025: 598 units (566 single-family, 32 in multi-unit buildings)Dec 2025Jan 2026: 544 units (495 single-family, 49 in multi-unit buildings)Jan 2026Feb 2026: 815 units (788 single-family, 27 in multi-unit buildings)Feb 2026Mar 2026: 861 units (828 single-family, 33 in multi-unit buildings)Mar 2026Apr 2026: 934 units (727 single-family, 207 in multi-unit buildings)Apr 2026May 2026: 866 units (711 single-family, 155 in multi-unit buildings)May 2026Jun 2026: 955 units (799 single-family, 156 in multi-unit buildings)Jun 2026Jul 2026: 1,080 units (801 single-family, 279 in multi-unit buildings)Jul 2026Aug 2026: 1,034 units (735 single-family, 299 in multi-unit buildings)Aug 2026

Housing units authorised in the Boise City, ID area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Boise City, ID area by month, latest 60 months05001,0001,500Sep 2021: 1,037 units (553 single-family, 484 in multi-unit buildings)Sep 2021Oct 2021: 816 units (534 single-family, 282 in multi-unit buildings)Nov 2021: 974 units (673 single-family, 301 in multi-unit buildings)Dec 2021: 1,026 units (649 single-family, 377 in multi-unit buildings)Jan 2022: 691 units (611 single-family, 80 in multi-unit buildings)Feb 2022: 1,091 units (628 single-family, 463 in multi-unit buildings)Mar 2022: 1,401 units (746 single-family, 655 in multi-unit buildings)Apr 2022: 1,103 units (687 single-family, 416 in multi-unit buildings)May 2022: 1,266 units (653 single-family, 613 in multi-unit buildings)Jun 2022: 1,251 units (526 single-family, 725 in multi-unit buildings)Jul 2022: 734 units (489 single-family, 245 in multi-unit buildings)Aug 2022: 728 units (518 single-family, 210 in multi-unit buildings)Sep 2022: 509 units (367 single-family, 142 in multi-unit buildings)Sep 2022Oct 2022: 490 units (248 single-family, 242 in multi-unit buildings)Nov 2022: 840 units (231 single-family, 609 in multi-unit buildings)Dec 2022: 403 units (221 single-family, 182 in multi-unit buildings)Jan 2023: 673 units (319 single-family, 354 in multi-unit buildings)Feb 2023: 679 units (359 single-family, 320 in multi-unit buildings)Mar 2023: 854 units (566 single-family, 288 in multi-unit buildings)Apr 2023: 725 units (561 single-family, 164 in multi-unit buildings)May 2023: 1,101 units (655 single-family, 446 in multi-unit buildings)Jun 2023: 916 units (637 single-family, 279 in multi-unit buildings)Jul 2023: 835 units (588 single-family, 247 in multi-unit buildings)Aug 2023: 1,020 units (741 single-family, 279 in multi-unit buildings)Sep 2023: 1,198 units (464 single-family, 734 in multi-unit buildings)Sep 2023Oct 2023: 841 units (516 single-family, 325 in multi-unit buildings)Nov 2023: 905 units (506 single-family, 399 in multi-unit buildings)Dec 2023: 432 units (366 single-family, 66 in multi-unit buildings)Jan 2024: 587 units (512 single-family, 75 in multi-unit buildings)Feb 2024: 574 units (506 single-family, 68 in multi-unit buildings)Mar 2024: 780 units (612 single-family, 168 in multi-unit buildings)Apr 2024: 795 units (733 single-family, 62 in multi-unit buildings)May 2024: 842 units (782 single-family, 60 in multi-unit buildings)Jun 2024: 760 units (695 single-family, 65 in multi-unit buildings)Jul 2024: 814 units (793 single-family, 21 in multi-unit buildings)Aug 2024: 742 units (671 single-family, 71 in multi-unit buildings)Sep 2024: 774 units (721 single-family, 53 in multi-unit buildings)Sep 2024Oct 2024: 802 units (670 single-family, 132 in multi-unit buildings)Nov 2024: 807 units (625 single-family, 182 in multi-unit buildings)Dec 2024: 536 units (524 single-family, 12 in multi-unit buildings)Jan 2025: 691 units (593 single-family, 98 in multi-unit buildings)Feb 2025: 704 units (553 single-family, 151 in multi-unit buildings)Mar 2025: 1,023 units (723 single-family, 300 in multi-unit buildings)Apr 2025: 1,045 units (790 single-family, 255 in multi-unit buildings)May 2025: 849 units (728 single-family, 121 in multi-unit buildings)Jun 2025: 878 units (854 single-family, 24 in multi-unit buildings)Jul 2025: 758 units (653 single-family, 105 in multi-unit buildings)Aug 2025: 709 units (557 single-family, 152 in multi-unit buildings)Sep 2025: 737 units (586 single-family, 151 in multi-unit buildings)Sep 2025Oct 2025: 768 units (646 single-family, 122 in multi-unit buildings)Nov 2025: 542 units (490 single-family, 52 in multi-unit buildings)Dec 2025: 598 units (566 single-family, 32 in multi-unit buildings)Jan 2026: 544 units (495 single-family, 49 in multi-unit buildings)Feb 2026: 815 units (788 single-family, 27 in multi-unit buildings)Mar 2026: 861 units (828 single-family, 33 in multi-unit buildings)Apr 2026: 934 units (727 single-family, 207 in multi-unit buildings)May 2026: 866 units (711 single-family, 155 in multi-unit buildings)Jun 2026: 955 units (799 single-family, 156 in multi-unit buildings)Jul 2026: 1,080 units (801 single-family, 279 in multi-unit buildings)Aug 2026: 1,034 units (735 single-family, 299 in multi-unit buildings)

Housing units authorised in the Boise City, ID area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Boise City, ID area by year, 1995–202505,00010,00015,0001995: 4,005 units (4,005 single-family, 0 in multi-unit buildings)19951996: 4,459 units (4,459 single-family, 0 in multi-unit buildings)1997: 4,775 units (4,775 single-family, 0 in multi-unit buildings)1998: 5,773 units (5,773 single-family, 0 in multi-unit buildings)1999: 6,862 units (6,051 single-family, 811 in multi-unit buildings)2000: 6,289 units (5,727 single-family, 562 in multi-unit buildings)20002001: 6,758 units (5,570 single-family, 1,188 in multi-unit buildings)2002: 7,042 units (6,089 single-family, 953 in multi-unit buildings)2003: 7,724 units (6,708 single-family, 1,016 in multi-unit buildings)2004: 8,895 units (7,843 single-family, 1,052 in multi-unit buildings)2005: 11,549 units (10,948 single-family, 601 in multi-unit buildings)20052006: 8,352 units (7,440 single-family, 912 in multi-unit buildings)2007: 4,864 units (3,762 single-family, 1,102 in multi-unit buildings)2008: 2,797 units (2,377 single-family, 420 in multi-unit buildings)2009: 1,904 units (1,769 single-family, 135 in multi-unit buildings)2010: 1,693 units (1,630 single-family, 63 in multi-unit buildings)20102011: 1,840 units (1,578 single-family, 262 in multi-unit buildings)2012: 3,556 units (2,887 single-family, 669 in multi-unit buildings)2013: 4,365 units (3,522 single-family, 843 in multi-unit buildings)2014: 5,183 units (3,481 single-family, 1,702 in multi-unit buildings)2015: 5,499 units (4,295 single-family, 1,204 in multi-unit buildings)20152016: 6,758 units (5,383 single-family, 1,375 in multi-unit buildings)2017: 7,909 units (6,275 single-family, 1,634 in multi-unit buildings)2018: 8,917 units (6,923 single-family, 1,994 in multi-unit buildings)2019: 10,632 units (7,570 single-family, 3,062 in multi-unit buildings)2020: 9,762 units (8,158 single-family, 1,604 in multi-unit buildings)20202021: 12,196 units (8,342 single-family, 3,854 in multi-unit buildings)2022: 10,475 units (5,925 single-family, 4,550 in multi-unit buildings)2023: 9,891 units (6,508 single-family, 3,383 in multi-unit buildings)2024: 9,063 units (8,252 single-family, 811 in multi-unit buildings)2025: 9,438 units (7,970 single-family, 1,468 in multi-unit buildings)2025

Housing units authorised in the Boise City, ID area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaIdahoUnited States
Housing units authorised9,73418,4711,418,086
Units per 1,000 residents11.39.14.1
Single-family share84%78%63%
Change on previous 12 months+1.6%+1.3%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Canyon CountyID+1.4%+184.8%3,65113.3
Boise CountyID−6.9%+183.0%829.6
Gem CountyID+2.8%+182.8%1737.9
Owyhee CountyID+7.2%+178.4%372.9
Ada CountyID+2.7%+151.8%5,79110.6

Questions and answers

How much have home values in the Boise City, ID area risen over 10 years?

The FHFA annual index rose +161.0% between 2015 and 2025, about +10.1% a year. Over 20 years: +188.0%; since 2000: +288.8%. The quarterly index is +3.7% on a year earlier as of 2026 Q2.

Which counties in the Boise City, ID area rose most?

By ten-year change to 2025: Canyon County (+184.8%), Boise County (+183.0%) and Gem County (+182.8%).

What happened to Boise City, ID prices after 2007?

The index peaked in 2007, fell −39.8% to 2011 and regained the peak in 2017. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Boise City, ID area?

9,734 housing units were authorised across the area's counties in the 12 months to August 2026, 84% of them single-family, 11.3 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.