Ada County Housing Market, Week of March 16, 2026

Ada County, Idaho Market Pulse

Week of March 16 · from Luke Gilbert's team

Greetings to all our readers in Ada County, Idaho. As we embark on this journey of interpreting the local real estate market data together, it's important to remember that we are here to observe and analyze, not to predict or persuade. This week, we're setting our baseline and drawing our first conclusions, with a focus on the largest figures in the data.

The Market Action Index sits at 40.2, indicating a buyer's market. This metric means that there are more homes for sale than there are buyers, suggesting that buyers have a broader selection and more negotiation power. With an inventory count of 1,463, there is a decent selection of properties on offer, something worth watching as we move forward.

New Construction

In the new construction sector, the median price is $679,990, and the median price per square foot stands at $299. These figures serve as a benchmark for us to gauge how this sector performs in future reports. As of now, with no prior data available, we can't identify any trends or market influences yet. However, the figures give us a good starting point to see how new construction evolves in the market.

Existing Inventory

The existing inventory is a crucial part of the market, and it's one we'll be watching closely. As with new construction, we don't have any trends or seller behavior data to analyze yet. But with a median price of $679,990, it's clear that the existing inventory is priced competitively with new construction.

Rates / Market Direction

Nationally, mortgage rates are hovering around 6.25%-6.44% for 30-year fixed loans, and 15-year rates are at 5.75%-5.78%. It's too early to tell how these rates will impact the Ada County market, but it's something we'll be watching closely. The Federal Reserve's decision to pause its benchmark interest rate might influence buyer and seller behavior in the coming weeks.

In conclusion, we are at the starting point of our Ada County real estate journey. With this baseline data, we'll begin to see trends emerge, patterns form, and the market's character reveal itself. While it's too early to discern any significant movements or shifts, the figures we have now provide a solid foundation for future comparison and analysis. As always, we'll continue to observe, analyze, and interpret, keeping you informed every step of the way.