Apr

2025

Boise Housing Market: Trends & Prices

By SoFi General | mortgage | Comments Off

Boise Housing Market: Trends & Prices (2025)

Boise Real Estate Market Overview

By Robin Rothstein

(Last Updated – 4/2025)

Boise, the capital of Idaho, is a vibrant city known for its outdoor recreation, cultural attractions, and growing economy. Ranked the second-best place to live in the U.S. in 2024-25 by U.S. News & World Report, Boise boasts a hip restaurant scene, hundreds of miles of trails, and a mountain-fed river running through the center of town. The area’s unique mix of urban and rural living may explain why home values are up 3.2% over the past year, faster than the national growth rate of 2.6%, according to Zillow.

Despite these rising prices, Boise remains desirable due to its easy access to outdoor activities (including hiking, biking, and skiing), strong job market, and thriving tech industry. The city’s rich cultural offerings, including galleries, museums, theaters, and music festivals, contribute to its appeal as a place to live.

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Overall Boise Market Trends

Real estate experts consider the Boise market to be “somewhat competitive,” with homes receiving an average of four offers and selling in around 37 days.

Thanks to a slight rise in inventory, buying a home in Boise isn’t the crazy rush it was a couple of years ago. That said, highly desirable (aka, “hot”) homes can get snapped up within seven days, according to Redfin.

In February 2025, the median sales price of a home in Boise was $480,000. The median sale price per square foot was $302. On average, homes sell for about 1% below list price.

$480,000

Median Sale Price

$302

Median Price Per Square Foot

37 days

Median Time on Market

Boise Housing Market Forecast

Home prices aren’t skyrocketing the way they were between August 2020 and June 2022. After a period of decline between June 2022 and May 2023, however, costs have been creeping up. Even so, the average home value of $492,024 in February 2025 is still below the market high of $527,413 in June 2022.

Still, many realtors characterize Boise as more of a seller’s than a buyer’s market, and forecast prices either holding steady or gradually going up in the next couple of years.

Housing market forecast chart

*Graph taken from Zillow as of 4/2025

Demographics of the Boise Market

Nearly 47% of Boise’s residents are college educated, which is higher than the national average of 35%.

The city is touted as a good place to raise a family, thanks to its low crime rate and easy access to outdoor activities. It also appeals to retirees looking for affordability and access to good health care.

Boise is a hub for a number of industries, including a burgeoning technology sector, led by memory chip manufacturer Micron Technology. Several other large companies, including Clearwater Analytics, Bodybuilding.com, and Cradlepoint, are based in Boise. As Idaho’s capital, the city is also home to many state government agencies. In addition, it has two large hospitals, which employ a large number of residents in the health care field. The average commute time to work is around 19 minutes, which is lower than the U.S. average of nearly 27 minutes.

Recommended: Best Affordable Places to Live in Idaho

Median Household Income: $79,977

Median Age: 39

College Educated: 46.6%

Homeowners: 63%

Married: 49%

Popular Boise Neighborhoods

Boise is home to 35 neighborhoods, but here are fast facts about five of the most popular ones to help make your decision a bit easier.

Recommended: Price-to-Rent Ratio in 50 Cities

North End

The stunning North End is known nationwide for being the gateway to the Boise foothills and home to Hyde Park, so nature lovers will feel right at home here.

This neighborhood is full of trees and flowers, plus sightseeing, dining, and shopping options. It’s pedestrian friendly and popular with singles and families alike.

Quick Facts

Population:

23,113

Median Age:

40.6

Housing Units:

12,388

Bike Score:

85/100

Walk Score:

65/100

Transit Score:

31/100

Median Household Income:

$136,312

North End Housing Market

The housing market in the North End is considered very competitive. In February 2025, the median price for home in this neighborhood was $950,000, a 78.4% increase from the year before. Homes are also selling faster — the average time on the market is now 27 days, compared to 52 days last year.

Median Sale Price

$950,000

Median Price Per Square Ft.

$466

Downtown

Downtown Boise has so much to offer: arts and entertainment, business and career opportunities, food galore, and an exciting energy and vibrancy.

Quick Facts

Population:

2,896

Median Age:

35

Housing Units:

1,333

Bike Score:

98/100

Walk Score:

81/100

Transit Score:

45/100

Median Household Income:

$127,830

Downtown Housing Market

While Downtown Boise is not very competitive, prices have been on the upswing. In February 2025, the median sales price of a home was up more than 40% year-over-year. On the plus side for buyers, the average home sells for about 3% below asking price, sits on the market for 80 days, and multiple offers are rare.

Median Sale Price

$768,250

Median Price Per Square Ft.

$584

Morris Hill

Morris Hill is dripping with charm thanks to its historic homes, mature trees, and stunning landscaping. It’s obvious why so many younger folks are moving in and reviving the homes from the turn of the century to midcentury.

Locals like to stroll down Orchard Street on the weekends. This hot spot offers a nice variety of restaurants, specialty shops, and locally owned businesses.

Quick Facts

Population:

6,414

Median Age:

34

Housing Units:

2,762

Bike Score:

86/100

Walk Score:

69/100

Transit Score:

28/100

Median Household Income:

$94,335

Morris Hill Housing Market

While the housing market in Morris Hill is considered somewhat competitive, the median Morris Hill home sale price in February 2025 was down slightly (0.77%) compared to a year ago. Homes are also staying on the market longer (58 days compared to 21 days last year). On average, homes in this neighborhood sell for roughly 2% to 4% above list price, and some get multiple offers.

Median Sale Price

$471,250

Median Price Per Square Ft.

$317

Southeast Boise

Southeast Boise is a rapidly growing neighborhood that offers access to a river, greenbelt, and the hustle and bustle of downtown.

Southeast Boise’s close proximity to major parks, sports complexes, trendy new restaurants, and Boise State University doesn’t hurt.

Quick Facts

Population:

24,190

Median Age:

35

Housing Units:

10,480

Bike Score:

67/100

Walk Score:

32/100

Transit Score:

20/100

Median Household Income:

$118,519

Southeast Boise Housing Market

You may be able to find your dream home in Southeast Boise. As of February 2025, Redfin considered the area only somewhat competitive, with the average home selling at about 2% below list price.

Nonetheless, the median sale price of a home in February was up 5.3% since last year, with some getting multiple offers, so be ready to bid.

Median Sale Price

$534,900

Median Price Per Square Ft.

$344

East End

This upscale historic district covers 39 blocks and consists of primarily single-family homes. Founded in 1890, East End has changed quite a bit over the years.

The most common architectural style in this area is the Craftsman bungalow, but you’ll also see quite a few Queen Anne cottages. Architecture buffs will love all of the options available to them.

Quick Facts

Population:

9,217

Median Age:

46.5

Housing Units:

4,469

Bike Score:

64/100

Walk Score:

33/100

Transit Score:

22/100

Median Household Income:

$133,195

East End Housing Market

In February 2025, East End Boise was considered a buyer’s market, with the median listing home price down 2.6% year-over-year. On average, homes in the East End are selling for 4.6% below asking price and sit on the market for 35 days. That said, the area is still pricey — with the median home sold price in February 2025 coming in at $754,100. If this price is beyond your budget, consider widening your search to include homes in popular neighborhoods around the East End.

Median Sale Price

$827,500

Median Price Per Square Ft.

$424

SoFi Home Loans

It’s easy to see why Boise has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from, whether you’re young and single or have a family to look after.

If you think Boise could be your home sweet home, then you may need to consider your mortgage loan options.

Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.

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FAQ

Is it a good time to buy a house in Boise?

Boise’s housing market is competitive, but it can still be a good time to buy if you’re prepared. Inventory has recently increased, offering more choices. However, it remains below levels needed for a balanced market, keeping prices elevated. If you can afford the current prices and are ready to move quickly, you might find a great home.

Is there a housing shortage in Boise, Idaho?

Yes, Boise has been experiencing a housing shortage. The city’s rapid population growth and limited new construction have led to a tight market with low inventory. This shortage has driven up prices and made it challenging for buyers to find homes, especially in desirable areas. However, new developments are in the works to address this issue.

How long are houses on the market in Boise?

Houses in Boise typically stay on the market for a relatively short period, often just a few weeks in popular neighborhoods. On average, however, homes in Boise sell after 37 days on the market, according to Redfin. To increase your chances of securing a home, you’ll want to be ready to act fast and have your finances in order before you start your search.

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SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.

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Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.

SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.

If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.

Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.

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SOHL-Q125-224

Apr

2025

Phoenix Housing Market: Trends & Price

By SoFi General | mortgage | Comments Off

Phoenix Housing Market: Trends & Prices (2025)

Phoenix Real Estate Market Overview

By Robin Rothstein

(Last Updated – 4/2025)

The enduring appeal of Phoenix — including its modest cost of living and higher quality of life — is still going strong.

In fact, Phoenix is now the fifth largest city in the U.S., with some 4.8 million people residing in the Phoenix metro area as of 2025 — an increase of nearly 2 million residents in just the last 25 years.

That steady growth reflects some of the key factors that draw people to the Valley of the Sun. Thanks to its desert locale, the city hasn’t been as constrained by land limitations, so businesses have been able to expand and provide job opportunities across a diversity of sectors, from tourism to financial services.

While Phoenix has become known for its sprawl, the average commute time is still less than 25 minutes, and it has a well-deserved reputation for its access to nature — with 41,000 acres of desert parks and preserves, and 200-plus miles of hiking trails. No wonder younger people (the average age here is about 35) want to call Phoenix home. If you’re raising a family, you can rest easy knowing that Phoenix has 325 public schools and 200 charter and private schools to choose from.

Although Phoenix can be a competitive market — and home values remain high, as they are throughout most U.S. markets — real estate prices are showing a modest 1% drop in early 2025, according to Zillow, signalling some breathing room. In the past year, the median sale price of about $413,083 is notably lower than the median list price of about $469,667. Here’s what you need to know if you’re looking to buy in Phoenix.

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Overall Phoenix Market Trends

When it comes to local housing market trends, it pays to keep an eye on various factors when considering a home purchase in Phoenix. Neighborhood prices can vary, and it’s important to bear in mind that the white hot surge — which brought median home prices up to $413,000 today from $279,000 five years ago — has eased.

Unlike some other metro areas, Phoenix has seen some welcome growth in available homes for sale, with some 23,699 listings in February 2025, a 45% increase over a year ago.

Still, homebuyers can have their work cut out for them, as houses go pending in around 32 days.

$413,000

Median Sale Price

$311

Median Price Per Square Foot

32 days

Median Time on Market

Phoenix Housing Market Forecast

Like the weather, the Phoenix housing market tends to be hot, although the boost to the housing supply has had a cooling effect. While February home prices went down 1% in the Phoenix metro area compared with the prior year, prices are projected to make up that difference and rise about 1.4% by January 2026.

*Graph taken from Zillow as of 6/2023

Demand in Phoenix

With inventory kicking up and buyer demand still relatively high, real estate experts say that Phoenix continues to be a seller’s market. That said, interest rates have not fallen as much as some buyers might have hoped in 2025, hovering at about 6.63% for a 30-year fixed mortgage.

Despite competitive home prices, though, Phoenix remains a relatively affordable place to live, with a cost of living at only 6.3% above the national average, according to the Council for Community and Economic Research’s 2024 Cost of Living Index. It is also worth noting that median home prices in Phoenix are lower than some other big cities, like Los Angeles and Portland.

If you are looking to buy into the Phoenix market, real estate experts suggest that this could be a good long-term opportunity if you find a property in your budget.

Recommended: Home Ownership Resources

Demographics of the Phoenix Market

Arizona may be known as a hotspot for retirees who are looking to enjoy the warm weather, but plenty of young people populate this state too. Nearly two-thirds of the Phoenix population is between 18 and 65 years old, according to the latest census data.

Young adults are drawn to the area in part due to its affordability, natural beauty, as well as schools like Arizona State University. If the housing market in Phoenix is calling your name, consider these data points.

Median Household Income: $79,664

Median Age: 34.9

College Educated: 33.5%

Homeowners: 56.0%

Married: 43.0%

Popular Phoenix Neighborhoods

Phoenix offers a diverse group of neighborhoods to choose from, so do your research before deciding which may be right for you.

The cost of homes, median household income, amenities, and age of residents can vary greatly by neighborhood, of course, but chances are there is a spot that will check all your boxes. Here are five popular neighborhoods in Phoenix to explore.

Recommended: Price-to-Rent Ratio in 50 Cities

Ahwatukee Foothills

This quiet, family-friendly suburb lies south of Phoenix proper. While the cost of living here can run a little higher, it’s also got a lower crime rate than other areas — as well as good schools. Ahwatukee Foothills tends to be car dependent, with few people biking or walking.

Quick Facts

Population:

69,828

Median Age:

42

Housing Units:

30,486

Bike Score:

11/100

Walk Score:

2/100

Transit Score:

18/100

Median Household Income:

$123,198

Ahwatukee Foothills Housing Market

Given the quality of life here, it’s not surprising that the market is a fairly competitive one. Median home prices in this area as of February 2025 rose 2.8% compared with a year ago. The median price per square foot is also up 1.5% since last year. The median number of days on the market is 58, a bit longer than a year ago (50 days).

Median Sale Price

$570,000

Median Price Per Sq. Foot

$297

Desert View

This well-populated, affluent suburb lies north of downtown Phoenix, and is known for its views of the famous Sonora desert. The area includes a pleasant mix of city life and a more relaxed family vibe. Horse lovers can check out equestrian ranch properties, as well. With its cafes and parks, plus very good schools, this neighborhood is convenient, safe, and comfortable.

Quick Facts

Population:

75,789

Median Age:

38

Housing Units:

33,494

Bike Score:

49/100

Walk Score:

31/100

Transit Score:

22/100

Median Household Income:

$109,948

Desert View Housing Market

Desert View is a competitive market, and gaining in popularity. The number of homes sold in February 2025 was 40% higher than the year before. But the median price per square foot ticked down modestly by about 0.72% versus Feb. 2024. Homes generally spend about 56 days on the market.

Median Sale Price

$737,000

Median Price Per Square Ft.

$346

Paradise Valley Village

Paradise Valley Village is a bustling, outdoor-friendly neighborhood in northeast Phoenix (and not to be confused with the town of Paradise Valley, which is closer to Scottsdale). It’s known for its golf courses, as well as the Scottsdale Greenbelt trail — a favorite with cyclists. Residents consider it a highly walkable area as well, which adds to its community feel.

Paradise Valley Village also offers plenty of big city amenities: casual dining pubs, restaurants, local artisans, and indoor shopping plazas.

Quick Facts

Population:

111,184

Median Age:

39

Housing Units:

49,055

Bike Score:

78/100

Walk Score:

69/100

Transit Score:

35/100

Average Household Income:

$96,884

Paradise Valley Village Housing Market

Home prices are a bit up and down in Paradise Valley Village, and there may be more opportunities here versus competitive Phoenix neighborhoods. In February 2025, the median home price was 6.8% lower compared to the same period in 2024, although the price per square foot ticked up by 1.5%, and the number of homes sold in February was 2.6% higher. Houses generally spend 53 days on the market.

Houses generally spend 63 days on the market.

Median Sale Price

$587,000

Median Price Per Square Ft.

$217

Camelback East

With its stunning mountain views, Camelback East Village lies between the Phoenix Mountains to the north and the Salt River to the south. It’s known for its hiking trails, access to the renowned Desert Botanical Garden as well as the Phoenix Zoo. Compared with other Phoenix areas, Camelback East has a reputation for attracting young professionals — with a lot of the nightlife, bars, and other amenities this younger demographic enjoys.

Quick Facts

Population:

117,091

Median Age:

37

Housing Units:

56,585

Bike Score:

74/100

Walk Score:

60/100

Transit Score:

42/100

Median Household Income:

$80,242

Camelback East Housing Market

The housing market here is higher priced than some others, and while the median sale price for homes nudged down slightly (-0.37%), the price per square foot rose 9.2% from February 2024 to February 2025. The median number of days on the market is 63, a bit longer than other popular areas in Phoenix.

Median Sale Price

$675,000

Median Price Per Square Ft.

$415

Deer Valley

Deer Valley Village, which encompasses the neighborhood of Deerview, is a dynamic residential neighborhood with one of the highest livability scores in Phoenix. There are a number of popular parks for hikers and bikers (as well as families out with the kids), including Cave Buttes and the Adobe Dam Regional Park, where you can find the Adobe Mountain Train Museum. The excellent school system here is another big draw for young families.

Quick Facts

Population:

89,341

Median Age:

37

Housing Units:

38,781

Bike Score:

57/100

Walk Score:

46/100

Transit Score:

30/100

Median Household Income:

$74,442

Deer Valley Housing Market

The housing market is a little cooler in Deer Valley, compared with other Phoenix neighborhoods. The median sale price of $425,000 is 3.4% lower than a year ago, and the median price per square foot is down 2.5% in February 2025, compared with a year earlier. The median number of days on the market is 58.

Median Sale Price

$425,000

Average Price Per Square Ft.

$271

SoFi Home Loans

It’s easy to see why Phoenix continues to be such a popular market for homebuyers. There are some amazing neighborhoods to choose from, whether you’re young and single or have a family. With its stunning desert location and growing job market — not to mention the allure of Southwest cuisine and culture — Phoenix has something for everyone.

If you think Phoenix could be your home sweet home, then you may need to consider your mortgage financing options.

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FAQ

Is Phoenix a good place to live?

While Phoenix has a reputation as a sprawling desert town, it has emerged as the fifth-largest U.S. city — with all that implies. Phoenix is home to some 15 neighborhoods, or villages, that offer access to nature preserves and parks as well as safe, family-friendly communities and good schools. The housing market can heat up, as do the temperatures, but it’s no wonder Phoenix continues to attract new residents.

What income do you need to live in Phoenix comfortably?

The income you need to live in Phoenix also depends on numerous factors, including whether you rent or own, and whether you have children. The median household income in Phoenix was about $77,000 in 2023, according to Census data, but for homeowners with children, a median income of $132,000 is likely to provide a more comfortable standard of living, according to research.

What are the benefits of living in Phoenix?

Phoenix is a big city with all the amenities of a cosmopolitan urban center. Its warm, sunny climate and access to mountains, deserts, and hiking trails mean that you can pursue an active, outdoors lifestyle all year round. The cost of living and average home price are relatively affordable, especially compared with other western cities.

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Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.

SOHL-Q125-217

Apr

2025

Confused About Your Student Loans? You’re Not Alone

By Ben Kesslen | | Comments Off

This article appeared in SoFi's On the Money newsletter. Not getting it? Sign up here.

If you have federal student loans, you’ve endured a lot of uncertainty over the past five years.

It started with the pandemic payment pause — and all the guessing about when monthly bills would resume. Then starkly different policy agendas made things even more unpredictable, moving proposals for loan forgiveness and payment plans in and out of contention.

Now it’s not clear how the $1.6 trillion federal student loan portfolio will be managed should the Trump administration convince Congress to close the Department of Education.

And there have been legal challenges all along the way. These make it hard for borrowers to know which policies will stick, let alone to understand and navigate their options.

Right now payment plans are the big question mark. Borrowers are venting about the latest developments on social media, and the frustration is palpable.

Many complain about confusing communications and changing timelines. Others are worried about losing forgiveness options. Some have reported sudden increases in their monthly payment amounts that they don’t understand.

The uncertainty may be discouraging, but don’t let it derail you: If you don’t understand your bill or can’t afford your payments, ask your loan servicer for help.

If you fall behind, you risk damaging your credit score and losing any future eligibility for loans, aid or forbearance. Plus, the government can offset your tax refund or garnish your wages or Social Security.

If you enrolled in SAVE — a payment plan that’s been blocked by a federal appeals court — take advantage of the interest-free forbearance period to build up savings, recommends Mark Kantrowitz, a nationally recognized student loan expert.

Payment amounts would almost certainly be higher under another income-based plan, so extra cash could be especially useful when monthly bills resume, he said.

One caveat here: Since the latest SAVE court ruling was announced, application processing and income certifications for SAVE as well as other income-based payment plans have been delayed so that loan servicers can update their systems.

These delays may be one reason some borrowers have reported abrupt increases in their monthly payment amounts. But “loan servicers are actively working to move those affected borrowers back to the monthly payment amount based on their income and family size,” according to the Federal Student Aid website.

So what? The situation with federal student loans can be overwhelming. Protect yourself by staying informed, engaged, and proactive. (Here’s a list of student loan organizations that can help with information and advice.)

Keep a paper trail and check your account regularly. And if you’re struggling to make your payments or can’t make sense of your bill, reach out to your loan servicer to discuss your options.

Week Ahead on Wall Street: Earnings Showdown

By Mario Ismailanji | | Comments Off

Macro Check

This earnings season carries particular significance given the dramatic and ongoing upheaval around trade policy. As it heats up this week, several influential banking and technology companies will deliver valuable insights into both corporate health and broader economic trends.

Tariffs will probably raise most businesses’ input costs – but by how much remains uncertain. While analysts currently expect S&P 500 earnings per share to grow 6.2% year-over-year (a seventh consecutive quarter of growth), estimates have been revised down 0.5% over the last month.

In addition to the numbers themselves, what management teams say on shifts in pricing strategies and consumer behavior will be of great interest to investors in light of… everything.

Alongside the earnings results, we’ll also get updates on a broad mix of economic indicators including retail sales, industrial production, and housing starts. Any major surprises illuminated by these datapoints could provide important context for earnings results and help flesh out the possible impact of tariffs.

Economic and Earnings Calendar

Monday

• March New York Fed Survey of Consumer Expectations: This is a measure of peoples’ expectations for inflation, jobs prospects, earnings growth, and more.

• Fedspeak: Philadelphia Fed President Patrick Harker speaks on the role of the Federal Reserve. Atlanta Fed President Raphael Bostic will participate in a moderated discussion on monetary policy.

• Earnings: Goldman Sachs Group (GS), M&T Bank (MTB)

Tuesday

• April Empire State Manufacturing Activity: The New York Fed’s survey of manufacturing executives in the region on business conditions and their outlook.

• March Import/Export Price Indexes: These indexes track the changes in the prices of nonmilitary goods and services traded between the U.S. and the rest of the world.

• Earnings: Bank of America (BAC), Citigroup (C), JB Hunt Transport Services (JBHT), Johnson & Johnson (JNJ), Omnicom Group (OMC), PNC Financial Services Group (PNC), United Airlines (UAL)

Wednesday

• March Retail Sales: This measures spending at retail stores and is a key indicator of consumer demand.

• April New York Services Activity: The New York Fed’s survey of manufacturing executives in the region on business conditions and their outlook.

• March Industrial Production and Capacity Utilization: The industrial sector accounts for much of the cyclical swings in economic activity.
April NAHB Housing Market Index: This index tracks how homebuilders feel about the current and future state of the single-family housing market.

• Weekly Mortgage Applications: Mortgage activity gives insight on demand conditions in the housing market.

• Fedspeak: Cleveland Fed President Beth Hammack will participate in a moderated Q&A event called Fed 101. Fed Chair Jerome Powell will speak at an Economic Club of Chicago event. Kansas City Fed President Jeff Schmid will speak with Dallas Fed President Lorie Logan at an event on the economy and community banking.

• Earnings: Abbott Laboratories (ABT), Citizens Financial Group (CFG), CSX (CSX), Kinder Morgan (KMI), Progressive (PGR), Prologis (PLD), Travelers Companies (TRV), US Bancorp (USB)

Thursday

• March Building Permits and Housing Starts: Construction data is a leading indicator of economic activity.

• April Philadelphia Fed Manufacturing Activity: The Philadelphia Fed’s survey of manufacturing executives in the region on business conditions and their outlook.

• Weekly Jobless Claims: This high frequency labor market data gives insight into filings for unemployment benefits. Jobless claims have continued to show a labor market that remains strong despite having cooled.

• Earnings: American Express (AXP), Blackstone Group LP (BX), DR Horton (DHI), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Las Vegas Sands (LVS), Marsh & McLennan Companies (MMC), Netflix (NFLX), Regions Financial (RF), Charles Schwab (SCHW), Snap-on (SNA), State Street (STT), Truist Financial (TFC), UnitedHealth Group (UNH)

Friday

• Markets are closed for Good Friday.

• Fedspeak: San Francisco Fed President will participate in a moderated conversation at the Fisher Center for Real Estate & Urban Economics at UC Berkeley.

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Apr

2025

Houston Housing Market: Trends & Prices

By SoFi General | Uncategorized | Comments Off

Houston Housing Market: Trends & Prices (2025)

Houston Real Estate Market Overview

By Jacqueline DeMarco

(Last Updated – 4/2025)

Houston offers residents a unique blend of southern charm and a metropolitan feel. As the fourth most populous city in the U.S., Houston has over 2.3 million residents.

Houston was also named the fifth most diverse city in America by WalletHub, and there are more than 145 languages spoken in the city.

And of course, who can forget Houston’s history of supporting space travel? Home to the Johnson Space Center, Houston has been the home base for training American astronauts for more than three decades. Houston has even earned the nickname Space City.

Houston is one of the hottest hot real estate markets in the nation, largely due to its diverse economy, thriving energy industry, and strong demand for housing.

Redfin reports that the average house price in Houston remained the same compared to the previous year, as of February 2025. Homes typically spent 58 days on the market and received two offers.

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Overall Houston Market Trends

Redfin’s real estate experts consider Houston to be a fairly competitive housing market, with the median sale price in Houston being $340,000.

Some homes in Houston receive multiple offers, and more in-demand homes sell in just around 14 days. About 13.2% of homes in Houston sold for above list price last year.

$340,000

Median Home Price

$182

Median Price Per Sq. Ft

51 days

Median Days on Market

Houston Housing Market Forecast

If you’re looking to make Houston your longtime home, you may be curious about what the Houston housing market forecast looks like.

According to Zillow, Houston home values have remained around the same for several years after peaking in mid-2022. Houses are taking slightly longer to sell, which means if you’re looking for something in your budget, you may be able to get a home you fall in love with in Houston. The playing field for buyers and sellers is leveling out in Space City.

Housing market forecast chart

*Graph taken from Zillow as of 2/2025

Demographics of the Houston Market

There is a little bit of something for everyone in Houston. From opera performances to pro sporting events, everyone is sure to find some pleasant ways to pass their time in this vibrant city.

For nature lovers, Memorial Park’s 1,500 acres of greenery and outdoor recreational options like pools and tennis courts should do the trick.

Before you get your heart set on a specific Houston neighborhood, consider checking out a few fast facts about the demographics of Houston.

Median Household Income: $62,894

Median Age: 34

College Educated: 36%

Homeowners: 42%

Married: 43.35%

Popular Houston Neighborhoods

Many bustling neighborhoods make up the large city of Houston. This city is a melting pot of culture, art, food, and entertainment.

You may find it tricky to narrow down your top picks for neighborhoods in the expansive Houston, Texas housing market, so we did the work for you and rounded up some must-know facts about five popular Houston neighborhoods.

Afton Oaks – River Oaks

Enjoy a leisurely stroll amongst the rich canopy of old-growth hardwood trees that line the streets of Afton Oaks – River Oaks while you check out the single-family homes for sale in this historically rich combined “super neighborhood.”

River Oaks has been noted as one of the best neighborhoods for home appreciation in Houston, with homes appreciating 53% over the last decade. The area has historical, often deed-restricted homes, with the convenience of close proximity to thriving cultural, retail, and professional opportunities.

Quick Facts

Population:

23,872

Median Age:

36

Housing Units:

15,448

Bike Score:

58/100

Walk Score:

63/100

Transit Score:

43/100

Median Household Income:

$105,607

Afton Oaks – River Oaks Housing Market

Prospective Afton Oaks – River Oaks homebuyers have some leeway, but not much. The housing market in this charming Houston neighborhood has slowed in recent years, becoming not very competitive per Redfin’s data. Average homes sell in about 97 days, around 4% below list price. The most desirable homes in this neighborhood can move much faster, in about 13 days.

Prices in the area are still on the rise, with the average home price in Afton Oaks – River Oaks up by 19.0% in February 2025 compared to last year.

Median Sale Price

$2.0 million

Median Sale Price Per Sq. Ft.

$517

Greater Heights

If you’re looking for close proximity to Downtown Houston, major freeways, and hubs of entertainment and employment, then Greater Heights may be the place you’ve been dreaming of.

This diverse neighborhood has plenty of single-family homes, bungalows, and townhomes to choose from and is known for having well-kept yards.

Quick Facts

Population:

43,920

Median Age:

35

Housing Units:

22,732

Bike Score:

63/100

Walk Score:

73/100

Transit Score:

45/100

Median Household Income:

$140,878

Greater Heights Housing Market

The Greater Heights housing market is heating up. As of February 2025, home values in this neighborhood rose by 11.6% compared to last year.

Greater Heights homes have also shown a high appreciation rate: 43% over ten years.

Some homes listed for sale in this somewhat competitive area receive multiple offers and sell in around 34 days. The good news for both buyers and sellers? The hottest homes in Greater Heights sell for around list price on average.

Median Sale Price

$651,645

Median Sale Price Per Sq. Ft.

$335

Neartown – Montrose

This eclectic and bohemian-feeling community enjoys a rich history of attracting free-spirited and creative residents, thanks to its affordable housing options that just so happen to be in close proximity to performance and entertainment venues. This evolving community offers vintage shops, trendy restaurants, and artistic pursuits galore.

Quick Facts

Population:

29,043

Median Age:

36

Housing Units:

19,215

Bike Score:

73/100

Walk Score:

86/100

Transit Score:

54/100

Meidan Household Income:

$108,353

Neartown – Montrose Housing Market

Housing prices in the Neartown – Montrose neighborhood are down 4% as of February 2025 compared to last year, but buyers have time to shop around. Houses generally spend 48 days on the market in this area.

If you happen to stumble upon your dream home, though, you may want to act fast. In-demand homes in this artsy neighborhood can sell for about list price and go pending in only around nine days.

Median Sale Price

$649,500

Median Sale Price Per Sq. Ft.

$261

Museum District

With 19 cultural institutions to explore in Houston’s Museum District, art lover residents will never be bored. The fun doesn’t stop at just fine and contemporary art.

Movie buffs can stop by the 4D theater, and kids can enjoy the interactive Children’s Museum of Houston.

Quick Facts

Population:

6,249

Median Age:

33

Housing Units:

3,364

Bike Score:

75/100

Walk Score:

74/100

Transit Score:

63/100

Median Household Income:

$102,003

Museum District Housing Market

With all of the amazing attractions the Museum District has to offer, it’s a somewhat competitive housing market. Homes for sale sometimes receive multiple offers, and they typically spend 61 days on the market. Good news for buyers: Homes sell for around 4% below list price on average.

Median Sale Price

$462,500

Median Sale Price Per Sq. Ft.

$231

University Place

Proximity to Rice University and the Texas Medical Center is all part of the appeal of living in the University Place neighborhood—as are the amazing retail options in the Village shopping district.

This neighborhood is known for quite expensive homes that are deed-restricted.

Quick Facts

Population:

15,295

Median Age:

36

Housing Units:

7,465

Bike Score:

76/100

Walk Score:

72/100

Transit Score:

58/100

Median Household Income:

$115,867

University Place Housing Market

If you find your ideal home in the University Place housing market, then you may need to act quickly. Some homes for sale in this area get multiple offers. The homes can sell for around 2% below list price, so don’t be afraid to haggle a little. The average homes in this neighborhood take a while to sell, spending around 53 days before they go pending. But the hottest ones can move in an average of just one week.

Median Sale Price

$892,000

Median Sale Price Per Sq. Ft.

$414

SoFi Home Loans

It’s easy to see why Houston has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from, whether you’re young and single or have a family to look after.

If you think Houston could be your home sweet home, then you may need to consider your mortgage financing options.

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FAQ

What is the Houston real estate market forecast for 2025?

Houston is considered a somewhat competitive market, and some homes still get multiple offers, though they are taking slightly longer to sell. The hottest homes can go to pending in an average of 14 days, and 13.2% of homes sell for above list price. The median sale price for homes is about the same as it was last year, around $340,000.

Is Houston a buyer’s market?

Many of the most popular neighborhoods in Houston have seen a reduction in the number of offers homes are receiving, and an increase in the number of days homes take to go pending. This trend can be an indicator that the city is more of a buyer’s market. However, home sale prices are still above list price for 13.2% of homes.

What is the appreciation rate for houses in Houston?

Appreciation rates will vary across Houston, but some neighborhoods stand out as real performers. One of the best neighborhoods in Houston for home appreciation rates is River Oaks, with a 53% appreciation rate over the last decade. Coming in the second highest over the last ten years is Greater Heights; home values there appreciated 43% over the last ten years. On average in Houston, the National Association of Realtors showed a one-year appreciation rate of 3.8%, compared to the national average of 6.1%.

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Boise Housing Market: Trends & Prices

Boise Housing Market: Trends & Prices (2025)

On this page:

On this page:

Boise Real Estate Market Overview

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Overall Boise Market Trends

$480,000

$302

37 days

Boise Housing Market Forecast

Demographics of the Boise Market

Popular Boise Neighborhoods

North End

Quick Facts

23,113

40.6

12,388

85/100

65/100

31/100

$136,312

North End Housing Market

$950,000

$466

Downtown

Quick Facts

2,896

35

1,333

98/100

81/100

45/100

$127,830

Downtown Housing Market

$768,250

$584

Morris Hill

Quick Facts

6,414

34

2,762

86/100

69/100

28/100

$94,335

Morris Hill Housing Market

$471,250

$317

Southeast Boise

Quick Facts

24,190

35

10,480

67/100

32/100

20/100

$118,519

Southeast Boise Housing Market

$534,900

$344

East End

Quick Facts

9,217

46.5

4,469

64/100

33/100

22/100

$133,195

East End Housing Market

$827,500

$424

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FAQ

Is it a good time to buy a house in Boise?

Is there a housing shortage in Boise, Idaho?

How long are houses on the market in Boise?

Tips and news—
for your financial moves.

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real estate agent and earn up to
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real estate agent and earn up to
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