There are currently 92,234 real estate properties in Boise, ID, with a median automated valuation model (AVM) price of $503,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Boise, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Boise, ID, is $573,053.00, with the most expensive house in Boise, ID, topping out at $18,823,500.00 and the cheapest home in Boise, ID, clocking in at $42,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Boise, ID!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Boise, ID, is on a rollercoaster ride. The average rent price in Boise, ID, is $1,506.00. Indeed, when looking to rent in Boise, ID, you can expect to pay as little as $570.00 or as much as $3,640.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Boise, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Boise, ID area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Boise, ID and much more. Save thousands at closing with home foreclosure listings in Boise, ID — up to 75% off market value!
Boise is located in Ada, Idaho, with an estimated municipal population of 228,959 residents. All of the best foreclosed homes for sale in Boise are located in the following zip code areas on Foreclosure.com: 83703 83702 83705 83704 83709 83716 83706 83712 83713 83701 83708 83715 83717 83720 83722 83724 83725 83728 83729 83735 83756 83799. The estimated population per square kilometer (.62 miles) in Boise is 1,056.
So, about how much do homes cost in Boise? The most recent median value of resident-owned homes in Boise is 253,413. An estimated 60.9 percent of households in Boise own their homes, with an average family size of 3.13. The median household income in Boise is 60,035, with27.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Boise, the median commute time of resident workers (in minutes) is 18.5. And last, but certainly not least, are you looking for homes to rent in Boise? If so, the average rent price paid by renters in Boise is 957, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Boise, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Boise is 36.6, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Boise is 46.7, with an average family size of 3.13.
The percentage of residents who report their race in Boise is as follows:
|Black / African American||1.9%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Boise? Or maybe you are searching for 55+ active adult communities in and/or near Boise?
The percentage of residents who report their age in Boise is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Boise with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Boise.
How do you know that living in -- or moving to -- Boise is right where you need to be? Perhaps you grew up in Boise or already live nearby; therefore, the decision to buy a home in Boise is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Boise for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Boise:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Boise.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Boise can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Boise, meanwhile, can field multiple offers from more qualified buyers.
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