Market

Treasure Valley market update: strong sales, lean supply, modest price growth

Paul Knighton

The Paul Knighton Team

October 15, 2026 · 5 min read

The Treasure Valley in Idaho in late-afternoon light with the Boise foothills on the horizon

The Treasure Valley is one of the strongest-moving markets Paul works in right now. According to the latest Intermountain MLS (IMLS) market data reported through Boise Regional REALTORS, Ada County's median sold price came in around $540,000 in September, up 1.4 percent from a year earlier, while Canyon County's median landed near $400,000, up 1.8 percent. Sales volume is running well ahead of last year, and homes are turning fast.

What the numbers say

  • Ada County median sold price around $540,000, up 1.4 percent year over year
  • Canyon County median sold price around $400,000, up 1.8 percent year over year
  • Treasure Valley closed sales of 1,440 in August, up 11.4 percent year over year
  • Median days on market near 16 in recent IMLS reporting, with Boise homes going under contract in about two weeks

Buyers: speed matters, value matters more

With supply in Ada County running around two and a half months, well under the four to six months that marks a balanced market, the valley still favors a prepared buyer. The right home attracts competition quickly, so the offers that win tend to arrive pre-approved, priced from solid comparable data, and ready to close on a timeline the seller can live with. Paul's advice to Boise buyers is the same as it is to Portland buyers: narrow your neighborhoods, get pre-approved before you tour, and let someone who knows each listing's true comparable tell you what it is worth rather than what the asking price implies.

Sellers: volume is on your side, pricing still decides

Closed sales running 11.4 percent above last year in August is a healthy signal, and the fastest-moving homes are the ones priced from current data. Paul tells Treasure Valley sellers what he tells sellers in Portland: launch ready, price from recent comparable sales, and make the first two weeks count. The homes that linger are usually the ones priced a year behind the market, not the ones in strong neighborhoods.

Canyon County is the value play

Canyon County's median is roughly $140,000 below Ada's, and it has been climbing at a slightly faster pace year over year. For buyers who want Treasure Valley access at a lower entry point, communities like Nampa and Caldwell are worth a serious look. For sellers there, the same discipline applies: current pricing data beats a hope number every time.

Data is a snapshot, not a prediction

These figures come from Intermountain MLS (IMLS) market data reported through Boise Regional REALTORS, with September 2026 county medians and August 2026 sales activity. Neighborhoods within the valley move on different clocks, and figures get revised as closings record. For a read on your specific street, ask Paul for current comparable sales. The full two-state market report is updated with sources and links.

Paul Knighton, broker with MORE Realty

Written by Paul Knighton

Paul is an Oregon Principal Broker and Idaho Associate Broker with MORE Realty, serving buyers and sellers across the Portland Metro and the Treasure Valley. He answers every inquiry himself.

More about Paul

Ready to put this into practice?

Paul turns the advice above into a personal plan for your situation. 503-475-6136, or send a message.