Idaho housing policy shifts to boost supply
Driving economic expansion
Micron Technology in Boise is expanding, adding over 17,000 direct and indirect jobs to serve AI demand. St. Luke's Health System, Idaho's largest employer, also continues to anchor job growth across the Treasure Valley. The state's economy is projected to grow by 2.9% from 2025 to 2026.
Current housing market
Idaho's housing market is stabilizing in 2026 with projected price appreciation of 3-5%. Boise experienced a seasonal dip in median home prices in December 2025, but inventory remains tight, with prices expected to climb in spring 2026. Housing affordability remains a top concern for Idaho residents.
Migration patterns
Idaho recorded the most inbound migration in 2025 for the second consecutive year, with many movers coming from Washington, California, and Utah. People are relocating to mid-sized cities within Idaho, seeking family-friendly environments and affordability.
Economic headwinds
While wage growth is steady and unemployment is low, consumers express wariness, and strained households are increasing credit-card debt. Over 800 Idaho workers faced mass layoffs in 2025, with Exyte U.S., Inc. leading with 201 cuts.
Key facts
- Idaho's population is expected to grow by approximately 38,000 people in 2026. (Idaho Economic Forecast, October 2025)
- Boise led the nation in rent growth in July 2025, with a 1.5% monthly increase. (Idaho Economic Forecast, October 2025)
- The Idaho Transportation Department will rehabilitate US-95 from Fruitland to Payette starting in May 2026. (Idaho Transportation Department, May 2026)
- Idaho lawmakers passed "starter home" laws (SB 1352 and SB 1354) in April 2026, requiring cities over 10,000 to allow residential lots as small as 1,400 square feet and expanding accessory dwelling units. (Construction Owners Club, April 2026)
- Property tax and valuation changes began January 1, 2026, aiming to standardize assessments and increase transparency. (STL.News, December 2025)