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TREASURE VALLEY MARKET REPORT — May 2026
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Closed sales · May 2026 vs. May 2025 · Source: IMLS · Prepared by Build Idaho
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ADA COUNTYCANYON COUNTYGEMTREASURE VALLEY
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MetricBoiseEagleGarden CityKunaMeridianStarCaldwellMiddletonNampaEmmettTreasure Valley
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MEDIAN PRICE BY PROPERTY TYPE
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 Single Family$589,000$860,000$465,000$469,990$566,100$603,548$426,700$449,995$433,490$486,450$523,840
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 Single Family w/ Acreage$905,000$2,088,850$2,700,000$600,000$1,553,750$950,000$825,000$1,115,000$837,500$680,000$875,000
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 Condo$319,875$365,000$339,800
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 Townhome$409,000$425,000$439,000$410,000$397,445$422,990$280,000$324,500$410,000
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MEDIAN SALES PRICE
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 Median Sales Price (all)$549,950$749,900$465,000$469,990$551,500$597,347$441,495$539,900$435,510$495,000$517,550
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 % change YOY2.8%(12.5%)(6.3%)0.3%(4.8%)8.4%7.7%11.3%2.6%19.3%3.7%
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 New Construction$730,000$774,900$439,000$479,990$556,445$575,228$479,000$579,923$462,593$534,900$524,500
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 % change YOY9.0%21.8%(5.6%)(1.6%)1.3%4.6%14.0%19.6%0.6%28.9%5.1%
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 Existing Homes$545,450$749,900$492,500$465,000$550,000$717,000$410,000$474,900$416,850$469,450$515,000
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 % change YOY3.8%(26.8%)(6.5%)6.9%(6.8%)22.9%2.3%(6.0%)4.2%20.4%3.2%
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SALES VOLUME
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 Closed Units452117171343626615453314331,719
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 % change YOY20.5%19.4%(5.6%)52.3%38.7%(40.0%)(7.8%)6.0%25.6%(15.4%)16.9%
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INVENTORY (needs active-listing data — not in a sold export)
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 Active Inventory———————————
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 % change YOY———————————
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PRICING POWER
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 List-to-Sold Ratio (avg)100.1%99.0%99.3%100.0%99.7%99.6%99.3%99.2%99.6%98.8%99.7%
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 % change YOY0.7%(0.1%)0.0%0.3%0.2%0.0%0.3%0.2%0.2%0.5%0.4%
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LUXURY SEGMENT ($1M+)
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 $1M+ Homes Sold4535131524961123
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 % change YOY12.5%(12.5%)-50.0%(6.3%)(66.7%)-80.0%20.0%-2.5%
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 $1M+ Homes Available———————————
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 % change YOY———————————
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SPEED & VALUE
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 Median Days on Market513331919111529221312
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 % change YOY(16.7%)(35.0%)83.3%(36.2%)42.3%(40.0%)(44.4%)13.7%19.4%(64.9%)(20.0%)
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 Median $ / SqFt$313$326$306$261$270$297$235$262$250$281$275
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 % change YOY(1.3%)(0.1%)(3.0%)(1.6%)(1.6%)10.8%(1.6%)3.9%0.8%3.7%0.8%
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MARKET NARRATIVE
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What sells the fastestSingle Family (~4 days)Single Family w/ Acreage (~2 days)Single Family (~6 days)Single Family (~19 days)Single Family (~15 days)Townhouse (~8 days)Single Family w/ Acreage (~9 days)Single Family (~16 days)Mobile/Manu Owned Lot (~8 days)Single Family w/ Acreage (~13 days)
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What $500K buys you~1,711 sf, 3bd/2.0ba~1,348 sf, 4bd/2.0ba~1,700 sf, 3bd/3.5ba~2,008 sf, 4bd/2.0ba~1,937 sf, 3bd/2.0ba~2,007 sf, 4bd/2.0ba~2,472 sf, 4bd/2.5ba~2,226 sf, 4bd/2.2ba~2,100 sf, 4bd/2.5ba~1,832 sf, 3bd/2.0ba
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Seller trends100% of list, ~5 DOM; prices up 3% YOY99% of list, ~13 DOM; prices down 12% YOY99% of list, ~33 DOM; prices down 6% YOY100% of list, ~18 DOM; prices flat 0% YOY100% of list, ~18 DOM; prices down 5% YOY100% of list, ~10 DOM; prices up 8% YOY99% of list, ~15 DOM; prices up 8% YOY99% of list, ~29 DOM; prices up 11% YOY100% of list, ~22 DOM; prices up 3% YOY99% of list, ~13 DOM; prices up 19% YOY
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NEW CONSTRUCTION ACTIVITY
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 Building Lots — Median Price———————————
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 % change YOY———————————
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 Building Permits — Monthly Total123246961084854——6402
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 % change YOY(78.0%)(25.0%)(95.0%)52.0%11.0%(44.0%)(51.0%)——50.0%
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Notes: New Construction = built 2025–2026. List-to-Sold = average of (Sold ÷ Asking), with data-entry outliers removed. Rows marked "—" (Inventory, $1M+ Available, Building Lots) require an active-listing export and aren't derivable from sold data. Closed Units, List-to-Sold, $1M+ counts and all YOY % are live formulas reading the Solds tabs; median rows are values computed from the same data.
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