Boise City FHA Loan Rates, Closing Costs & Stats

BOISE CITY, ID

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Loan Limits
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Boise City's 127 lenders originated 2,815 FHA loans during 2024. The total origination value was $1,042,835,000, with an average FHA loan value of $370,456.

    Boise City FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Boise City averaged 6.72% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

    Boise City's average FHA mortgage closing costs are $11,387.

    The average rate for the prior week (2025-05-16) was 6.55% and one month ago for the week of 2025-04-18, the average rate was 6.27%.

    The average rate one year ago was 6.55%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.47%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Boise City FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Boise City level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 265 5.75% $18,619
    PREMIER MORTGAGE RESOURCES, L.L.C. 177 5.61% $18,037
    GUILD MORTGAGE COMPANY 174 6.14% $15,526
    QUICKEN LOANS, LLC 161 6.01% $15,895
    LOANDEPOT.COM, LLC 110 5.96% $19,814
    S1L, Inc. 95 5.94% $15,741
    IDAHO CENTRAL 84 6.10% $15,054
    MOVEMENT MORTGAGE, LLC 73 6.30% $17,526
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 65 6.16% $15,806
    EAGLE HOME MORTGAGE, LLC 46 4.79% $14,480
    Waterstone Mortgage Corporation 46 6.34% $16,266
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 41 6.22% $18,519
    CROSSCOUNTRY MORTGAGE, LLC 38 6.18% $16,679
    CLM MORTGAGE, INC 37 5.69% $15,299
    Sunflower Bank 36 6.34% $15,572
    GUARANTEED RATE, INC. 36 5.91% $14,975
    MUTUAL OF OMAHA MORTGAGE, INC. 35 6.03% $15,307
    TBI MORTGAGE COMPANY 33 5.61% $19,680
    PENNYMAC LOAN SERVICES, LLC 33 5.97% $15,642
    HOMEAMERICAN MORTGAGE CORPORATION 28 4.58% $10,616
    FREEDOM MORTGAGE CORPORATION 27 6.38% $16,821
    PRIMELENDING, A PLAINSCAPITAL COMPANY 27 6.42% $15,569
    CMG MORTGAGE, INC. 25 6.04% $15,987
    Bank of England 25 5.56% $16,769
    AMERICAN PACIFIC MORTGAGE CORPORATION 24 6.27% $17,521
    Century Mortgage Company DBA Century Lending Company 23 5.87% $14,135
    JMJ FINANCIAL GROUP 22 6.32% $16,821
    Plains Commerce Bank 22 5.89% $15,692
    MY MOVE MORTGAGE, LLC 20 5.89% $17,501
    ENVOY MORTGAGE, LTD 20 6.45% $16,165
    BROKER SOLUTIONS, INC. 18 6.38% $15,846
    CHURCHILL MORTGAGE CORPORATION 17 6.51% $18,004
    Willamette Valley Bank 17 5.77% $15,684
    KBHS HOME LOANS, LLC 17 5.65% $19,293
    MOUNTAIN AMERICA 15 5.32% $15,627
    FIRST COLONY MORTGAGE CORPORATION 14 6.22% $14,685
    The Loan Store, Inc. 13 5.86% $15,756
    SUMMIT FUNDING, INC. 13 6.53% $17,869
    Paramount Residential Mortgage Group, Inc. 13 6.16% $14,411
    BAY EQUITY LLC 12 6.27% $13,697
    CASTLE & COOKE MORTGAGE, LLC 12 6.35% $14,971
    LOANPAL, LLC 12 5.59% $13,651
    FIRST COMMUNITY MORTGAGE, INC. 10 5.89% $18,743
    AXIA FINANCIAL, LLC 10 5.94% $14,995
    Franklin Loan Corporation 9 6.11% $16,703
    Mr. Cooper ( Nationstar Mortgage ) 9 6.39% $19,187
    Equity Prime Mortgage LLC 8 6.80% $19,389
    LAKEVIEW LOAN SERVICING, LLC 8 6.28% $9,683
    PLAZA HOME MORTGAGE, INC. 8 7.03% $16,735
    SECURITYNATIONAL MORTGAGE COMPANY 7 6.50% $17,583
    NEWREZ LLC 7 5.96% $11,553
    UNION HOME MORTGAGE CORP. 7 6.16% $17,487
    RESIDENTIAL MORTGAGE, LLC 6 5.98% $13,437
    AMERICAN FINANCING CORPORATION 6 5.90% $15,721
    CORNERSTONE HOME LENDING, INC. 5 6.35% $13,946
    SUN WEST MORTGAGE COMPANY, INC. 5 6.07% $14,455
    PRIMARY RESIDENTIAL MORTGAGE, INC. 5 5.90% $0
    Flagstar Bank, FSB 5 6.67% $10,773
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.25% $11,510
    Carrington Mortgage Services, LLC 5 6.45% $17,956
    Zions Bank 4 5.97% $17,058
    AMERISAVE MORTGAGE CORPORATION 4 6.25% $16,897
    D. L. Evans Bank 4 5.94% $15,550
    NFM, INC. 4 6.72% $15,296
    Sierra Pacific Mortgage Company, Inc. 4 6.06% $17,032
    U.S. Bank 4 5.75% $16,304
    PLANET HOME LENDING, LLC 3 6.08% $14,541
    OCMBC, INC. 3 6.25% $20,272
    VILLAGE CAPITAL MORTGAGE 3 6.79% $7,005
    AMERICAN FINANCIAL RESOURCES, INC. 3 6.83% $22,509
    MASON MCDUFFIE MORTGAGE CORPORATION 3 5.79% $17,572
    The Federal Savings Bank 3 5.96% $18,655
    Barrington Bank & Trust Company, N.A. 3 6.08% $21,733
    MORTGAGE ACCESS CORP. 3 5.83% $18,109
    BETTER MORTGAGE CORPORATION 3 5.83% $15,893
    Mortgage Research Center, LLC 3 6.54% $7,112
    CANOPY MORTGAGE, LLC 3 6.08% $26,334
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.54% $20,124
    CARDINAL FINANCIAL 3 6.50% $16,151
    Glacier Bank 3 6.33% $16,434
    INTERCAP LENDING INC. 3 4.87% $19,045
    Commerce Home Mortgage, Inc. 3 6.17% $15,078
    GENEVA FINANCIAL, LLC 2 6.00% $16,427
    LADERA LENDING, INC. 2 6.13% $15,231
    Encompass Lending Group, LP 2 6.50% $14,682
    DAS Acquisition Company, LLC 2 6.25% $19,568
    Cornerstone First Mortgage, Inc 2 6.50% $16,630
    BELEM SERVICING LLC 2 6.06% $20,479
    American Mortgage & Equity Consultants, Inc. 2 6.81% $16,374
    ALLIANT CREDIT UNION 2 5.88% $11,432
    Washington Trust Bank 2 6.56% $17,818
    Wells Fargo Bank 2 6.19% $14,003
    KeyBank 2 6.06% $13,927
    Eagle Bank and Trust Company 1 6.13% $14,342
    NATIONS DIRECT MORTGAGE, LLC 1 5.75% $10,475
    DIRECTORS MORTGAGE, INC. 1 6.63% $28,936
    PREMIA MORTGAGE, LLC 1 6.18% $13,408
    INFINITY EQUITY GROUP, INC. 1 6.25% $12,179
    WASHINGTON STATE EMPLOYEES Credit Union 1 6.13% $11,640
    First Interstate Bank 1 6.25% $10,011
    PRIORITY HOME LENDING, LLC 1 6.75% $16,797
    GUARANTEED RATE AFFINITY, LLC 1 6.65% $11,816
    RANLIFE, INC. 1 6.25% $24,797
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.25% $19,975
    MORTGAGEONE, INC. 1 6.50% $10,871
    JPMorgan Chase Bank 1 5.25% $9,257
    ZILLOW HOME LOANS, LLC 1 5.75% $13,193
    MID AMERICA MORTGAGE, INC. 1 6.13% $5,113
    SUMMIT MORTGAGE CORPORATION 1 6.75% $12,575
    Bank of America 1 5.88% $13,015
    Arvest Bank 1 6.00% $17,176
    AmeriHome Mortgage Company, LLC 1 6.13% $13,036
    MICHIGAN MUTUAL, INC. 1 6.75% $10,523
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.63% $14,687
    TOP FLITE FINANCIAL, INC. 1 7.25% $19,628
    AMERICAN FINANCIAL NETWORK, INC. 1 5.50% $12,342
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.75% $20,402
    JMAC LENDING, INC. 1 6.75% $12,369
    NBH Bank 1 6.25% $11,035
    First Federal Savings Bank of Twin Falls 1 6.63% $15,192
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $15,752
    NORWICH COMMERCIAL GROUP, INC. 1 6.75% $17,790
    Nations Lending Corporation 1 6.00% $22,097
    ONY GLO, INC. 1 6.38% $26,927
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.25% $15,226
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.63% $20,920
    VERITAS FUNDING, LLC 1 6.75% $12,099

    The top Boise City FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 265 FHA loans originated. Their average total fees are $18,619, which is $582 higher than the next largest lender, PREMIER MORTGAGE RESOURCES, L.L.C..

    The lowest fee Boise City FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($10,616), LOANPAL, LLC ($13,651), BAY EQUITY LLC ($13,697), Century Mortgage Company DBA Century Lending Company ($14,135) and Paramount Residential Mortgage Group, Inc. ($14,411).

    The lowest rate Boise City FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (4.58%), EAGLE HOME MORTGAGE, LLC (4.79%), MOUNTAIN AMERICA (5.32%), Bank of England (5.56%) and LOANPAL, LLC (5.59%).

    Boise City FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BOISE CITY, ID ADA 2022 $515,200 $659,550 $797,250 $990,800
    BOISE CITY, ID BOISE 2022 $515,200 $659,550 $797,250 $990,800
    BOISE CITY, ID CANYON 2022 $515,200 $659,550 $797,250 $990,800
    BOISE CITY, ID GEM 2022 $515,200 $659,550 $797,250 $990,800
    BOISE CITY, ID OWYHEE 2022 $515,200 $659,550 $797,250 $990,800
    BOISE CITY, ID ADA 2023 $586,500 $750,800 $907,550 $1,127,900
    BOISE CITY, ID BOISE 2023 $586,500 $750,800 $907,550 $1,127,900
    BOISE CITY, ID CANYON 2023 $586,500 $750,800 $907,550 $1,127,900
    BOISE CITY, ID GEM 2023 $586,500 $750,800 $907,550 $1,127,900
    BOISE CITY, ID OWYHEE 2023 $586,500 $750,800 $907,550 $1,127,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Boise City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $299,495 (15.3%) $375,872 (15.2%) 1.11 2,217
    2018-02-01 $313,000 (17.3%) $392,118 (17.8%) 1.14 1,945
    2018-03-01 $318,995 (15.8%) $399,375 (14.4%) 1.12 1,934
    2018-04-01 $329,950 (14.3%) $413,893 (14.5%) 1.12 1,956
    2018-05-01 $341,240 (17.1%) $427,721 (14.8%) 1.14 2,032
    2018-06-01 $343,990 (18.6%) $424,251 (14.1%) 1.15 2,227
    2018-07-01 $342,945 (19.9%) $423,902 (15.8%) 1.15 2,335
    2018-08-01 $344,195 (21.6%) $419,033 (14.9%) 1.15 2,462
    2018-09-01 $339,000 (19.0%) $410,548 (11.7%) 1.14 2,742
    2018-10-01 $333,400 (15.0%) $412,357 (10.5%) 1.13 2,929
    2018-11-01 $334,450 (13.2%) $417,975 (10.6%) 1.13 2,833
    2018-12-01 $336,990 (12.7%) $420,301 (10.8%) 1.16 2,525
    2019-01-01 $339,000 (13.2%) $423,886 (12.8%) 1.17 2,305
    2019-02-01 $339,945 (8.6%) $430,836 (9.9%) 1.15 2,233
    2019-03-01 $346,575 (8.7%) $434,484 (8.8%) 1.13 2,259
    2019-04-01 $357,673 (8.4%) $443,942 (7.3%) 1.14 2,268
    2019-05-01 $368,950 (8.1%) $453,707 (6.1%) 1.15 2,389
    2019-06-01 $373,337 (8.5%) $458,888 (8.2%) 1.17 2,590
    2019-07-01 $374,275 (9.1%) $459,679 (8.4%) 1.17 2,737
    2019-08-01 $367,862 (6.9%) $454,404 (8.4%) 1.16 2,806
    2019-09-01 $363,383 (7.2%) $447,923 (9.1%) 1.16 2,911
    2019-10-01 $359,900 (8.0%) $443,603 (7.6%) 1.16 2,967
    2019-11-01 $364,957 (9.1%) $446,377 (6.8%) 1.20 2,717
    2019-12-01 $367,204 (9.0%) $447,678 (6.5%) 1.22 2,394
    2020-01-01 $369,900 (9.1%) $449,125 (6.0%) 1.24 2,126
    2020-02-01 $378,900 (11.5%) $459,449 (6.6%) 1.24 1,911
    2020-03-01 $384,223 (10.9%) $478,372 (10.1%) 1.20 1,856
    2020-04-01 $386,450 (8.1%) $478,070 (7.7%) 1.21 2,283
    2020-05-01 $389,900 (5.7%) $487,392 (7.4%) 1.19 2,313
    2020-06-01 $394,368 (5.6%) $494,584 (7.8%) 1.16 1,898
    2020-07-01 $399,950 (6.9%) $512,743 (11.5%) 1.16 1,475
    2020-08-01 $399,995 (8.7%) $523,247 (15.2%) 1.15 1,171
    2020-09-01 $407,990 (12.3%) $535,775 (19.6%) 1.17 973
    2020-10-01 $425,000 (18.1%) $546,599 (23.2%) 1.22 869
    2020-11-01 $441,828 (21.1%) $572,633 (28.3%) 1.29 766
    2020-12-01 $436,500 (18.9%) $556,074 (24.2%) 1.30 670
    2021-01-01 $444,995 (20.3%) $584,527 (30.2%) 1.33 560
    2021-02-01 $469,316 (23.9%) $607,164 (32.2%) 1.37 523
    2021-03-01 $477,500 (24.3%) $620,704 (29.8%) 1.35 630
    2021-04-01 $487,378 (26.1%) $644,492 (34.8%) 1.32 733
    2021-05-01 $519,000 (33.1%) $691,614 (41.9%) 1.38 916
    2021-06-01 $535,858 (35.9%) $692,916 (40.1%) 1.41 1,247
    2021-07-01 $539,900 (35.0%) $685,192 (33.6%) 1.42 1,571
    2021-08-01 $533,675 (33.4%) $672,196 (28.5%) 1.42 1,958
    2021-09-01 $527,000 (29.2%) $661,304 (23.4%) 1.41 2,213
    2021-10-01 $529,990 (24.7%) $662,101 (21.1%) 1.41 2,199
    2021-11-01 $529,950 (20.0%) $674,225 (17.7%) 1.42 1,936
    2021-12-01 $541,968 (24.2%) $678,126 (22.0%) 1.47 1,488
    2022-01-01 $559,900 (25.8%) $697,559 (19.3%) 1.51 1,086
    2022-02-01 $586,900 (25.1%) $738,218 (21.6%) 1.53 903
    2022-03-01 $592,495 (24.1%) $758,477 (22.2%) 1.48 1,019
    2022-04-01 $610,990 (25.4%) $774,367 (20.2%) 1.46 1,246
    2022-05-01 $618,450 (19.2%) $785,536 (13.6%) 1.41 1,994
    2022-06-01 $585,995 (9.4%) $737,112 (6.4%) 1.31 2,927
    2022-07-01 $569,900 (5.6%) $707,053 (3.2%) 1.28 3,732
    2022-08-01 $552,500 (3.5%) $688,012 (2.4%) 1.28 4,002
    2022-09-01 $549,450 (4.3%) $680,749 (2.9%) 1.28 4,055
    2022-10-01 $539,500 (1.8%) $675,458 (2.0%) 1.27 3,965
    2022-11-01 $522,400 (-1.4%) $665,201 (-1.3%) 1.26 3,625
    2022-12-01 $515,000 (-5.0%) $661,578 (-2.4%) 1.27 3,102
    2023-01-01 $524,900 (-6.3%) $661,222 (-5.2%) 1.30 2,490
    2023-02-01 $552,495 (-5.9%) $696,121 (-5.7%) 1.33 2,045
    2023-03-01 $574,900 (-3.0%) $725,453 (-4.4%) 1.36 1,943
    2023-04-01 $584,900 (-4.3%) $752,477 (-2.8%) 1.36 1,951
    2023-05-01 $609,850 (-1.4%) $765,029 (-2.6%) 1.38 2,051
    2023-06-01 $599,950 (2.4%) $762,356 (3.4%) 1.35 2,242
    2023-07-01 $599,900 (5.3%) $750,807 (6.2%) 1.36 2,394
    2023-08-01 $584,950 (5.9%) $742,946 (8.0%) 1.34 2,552
    2023-09-01 $575,000 (4.7%) $737,434 (8.3%) 1.34 2,616
    2023-10-01 $555,995 (3.1%) $727,750 (7.7%) 1.31 2,619
    2023-11-01 $587,400 (12.4%) $757,569 (13.9%) 1.40 2,236
    2023-12-01 $578,800 (12.4%) $749,691 (13.3%) 1.41 1,889
    2024-01-01 $589,448 (12.3%) $753,094 (13.9%) 1.44 1,576
    2024-02-01 $589,900 (6.8%) $763,319 (9.7%) 1.42 1,547
    2024-03-01 $580,000 (0.9%) $750,508 (3.5%) 1.37 1,741
    2024-04-01 $577,125 (-1.3%) $762,557 (1.3%) 1.34 1,996
    2024-05-01 $598,450 (-1.9%) $792,036 (3.5%) 1.36 2,302
    2024-06-01 $585,000 (-2.5%) $759,399 (-0.4%) 1.33 2,634
    2024-07-01 $574,950 (-4.2%) $748,842 (-0.3%) 1.31 2,749
    2024-08-01 $579,948 (-0.9%) $754,748 (1.6%) 1.35 2,802
    2024-09-01 $574,700 (-0.1%) $753,264 (2.2%) 1.35 2,829
    2024-10-01 $574,950 (3.4%) $755,913 (3.9%) 1.35 2,677
    2024-11-01 $579,900 (-1.3%) $761,772 (0.6%) 1.39 2,491
    2024-12-01 $574,950 (-0.7%) $754,573 (0.7%) 1.43 2,083
    2025-01-01 $570,000 (-3.3%) $750,549 (-0.3%) 1.42 1,922
    2025-02-01 $579,999 (-1.7%) $753,743 (-1.3%) 1.41 1,903
    2025-03-01 $591,700 (2.0%) $776,540 (3.5%) 1.39 2,155
    2025-04-01 $604,973 (4.8%) $786,476 (3.1%) 1.40 2,392
    Boise City's median listing price for 2025-04-01 was $604,973, a difference of $27,848 (4.8%) versus the prior year and $13,273 versus the prior month.

    Boise City's median listing price comes in at 140% of the national average.

    Boise City's average listing price for 2025-04-01 was $786,476, a difference of $23,919 (3.1%) versus the prior year and $9,936 versus the prior month.

    For the 2025-04-01 period, Boise City had 2,392 MLS listings, a difference of 237 listings (11%) versus the prior month and 396 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Boise City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 60 days 2,239 sqft
    2018-02-01 42 days 2,278 sqft
    2018-03-01 28 days 2,228 sqft
    2018-04-01 25 days 2,196 sqft
    2018-05-01 23 days 2,224 sqft
    2018-06-01 25 days 2,224 sqft
    2018-07-01 29 days 2,220 sqft
    2018-08-01 31 days 2,195 sqft
    2018-09-01 32 days 2,141 sqft
    2018-10-01 38 days 2,127 sqft
    2018-11-01 44 days 2,119 sqft
    2018-12-01 52 days 2,120 sqft
    2019-01-01 56 days 2,127 sqft
    2019-02-01 41 days 2,117 sqft
    2019-03-01 36 days 2,120 sqft
    2019-04-01 32 days 2,146 sqft
    2019-05-01 30 days 2,213 sqft
    2019-06-01 32 days 2,245 sqft
    2019-07-01 37 days 2,235 sqft
    2019-08-01 38 days 2,190 sqft
    2019-09-01 39 days 2,158 sqft
    2019-10-01 39 days 2,133 sqft
    2019-11-01 50 days 2,136 sqft
    2019-12-01 59 days 2,153 sqft
    2020-01-01 59 days 2,134 sqft
    2020-02-01 43 days 2,114 sqft
    2020-03-01 32 days 2,139 sqft
    2020-04-01 32 days 2,160 sqft
    2020-05-01 52 days 2,176 sqft
    2020-06-01 57 days 2,180 sqft
    2020-07-01 55 days 2,188 sqft
    2020-08-01 50 days 2,113 sqft
    2020-09-01 53 days 2,040 sqft
    2020-10-01 57 days 2,025 sqft
    2020-11-01 51 days 2,024 sqft
    2020-12-01 54 days 1,970 sqft
    2021-01-01 47 days 1,970 sqft
    2021-02-01 35 days 1,979 sqft
    2021-03-01 32 days 2,020 sqft
    2021-04-01 33 days 2,008 sqft
    2021-05-01 32 days 2,025 sqft
    2021-06-01 26 days 2,025 sqft
    2021-07-01 28 days 2,046 sqft
    2021-08-01 29 days 2,024 sqft
    2021-09-01 33 days 2,023 sqft
    2021-10-01 41 days 2,025 sqft
    2021-11-01 47 days 2,038 sqft
    2021-12-01 49 days 2,054 sqft
    2022-01-01 53 days 2,085 sqft
    2022-02-01 30 days 2,120 sqft
    2022-03-01 26 days 2,127 sqft
    2022-04-01 29 days 2,144 sqft
    2022-05-01 23 days 2,168 sqft
    2022-06-01 26 days 2,100 sqft
    2022-07-01 36 days 2,098 sqft
    2022-08-01 46 days 2,096 sqft
    2022-09-01 55 days 2,101 sqft
    2022-10-01 61 days 2,110 sqft
    2022-11-01 69 days 2,110 sqft
    2022-12-01 78 days 2,107 sqft
    2023-01-01 81 days 2,124 sqft
    2023-02-01 65 days 2,168 sqft
    2023-03-01 44 days 2,215 sqft
    2023-04-01 43 days 2,269 sqft
    2023-05-01 38 days 2,310 sqft
    2023-06-01 38 days 2,297 sqft
    2023-07-01 43 days 2,266 sqft
    2023-08-01 44 days 2,228 sqft
    2023-09-01 46 days 2,186 sqft
    2023-10-01 51 days 2,127 sqft
    2023-11-01 53 days 2,169 sqft
    2023-12-01 59 days 2,160 sqft
    2024-01-01 66 days 2,188 sqft
    2024-02-01 50 days 2,201 sqft
    2024-03-01 37 days 2,163 sqft
    2024-04-01 36 days 2,179 sqft
    2024-05-01 33 days 2,233 sqft
    2024-06-01 38 days 2,178 sqft
    2024-07-01 44 days 2,146 sqft
    2024-08-01 50 days 2,171 sqft
    2024-09-01 49 days 2,137 sqft
    2024-10-01 52 days 2,144 sqft
    2024-11-01 57 days 2,158 sqft
    2024-12-01 60 days 2,147 sqft
    2025-01-01 61 days 2,147 sqft
    2025-02-01 42 days 2,162 sqft
    2025-03-01 38 days 2,192 sqft
    2025-04-01 36 days 2,204 sqft
    Boise City's median listing age (time on market) for 2025-04-01 was 36 days. This is 1% longer than the same period one year ago.

    Boise City's median square footage for active listings during the 2025-04-01 period was 2,204 sqft. One year prior, the average listing was 2,179 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).