After nearly two years of year-over-year inventory growth, housing supply saw a slight shift in February while home prices continued to rise across Ada and Canyon counties. With inventory still below balanced levels and spring activity beginning to pick up, both buyers and sellers have opportunities ahead.

Read the full market update to learn what this means for the months ahead.

Home prices in Ada County and Canyon County saw a slight year-over-year dip in January, while inventory continued its steady climb — marking two full years of annual supply growth. With more options, longer days on market, and increased negotiating room, the Treasure Valley market is showing signs of balance.

As we look back on the 2025 housing market, there are some trends that shaped the year and give us a glimpse into what we can expect in 2026 for home buyers and sellers.

As housing inventory rises across Ada and Canyon County, opportunities are emerging for both buyers and sellers. Take a few minutes to read this article for a clear snapshot of where the Treasure Valley market stands today.

A number of housing market variables have aligned this fall, leading to a seasonal surprise increase in home sales for the month of October.

The Treasure Valley housing market continued to show balance in September, with Ada County home prices posting modest gains while Canyon County experienced a slight dip.

In April, the median sales price for home sales was down year-over-year and month-over-month in both Ada and Canyon counties, and we explored the idea of a decline in prices possibly becoming a trend. The recent statistics from May’s housing market disproved that possibility, at least for the time being. 

The median sales price for home sales in April was down year-over-year and month-over-month in both Ada and Canyon counties. 

Could this shift in prices be the beginning of a trend of declining home prices for the Treasure Valley? While one month showing a drop isn’t considered a trend, there are a few factors that are worth exploring.