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Real Estate Boise Idaho - Real Estate in Boise, Idaho

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The capital city of Idaho, Boise, is home to approximately 205,000 people, and it continues to be one of the 100 largest cities in the entire United States. Located about 40 miles east of the Oregon border and 110 miles north of the Nevada border, Boise has an estimated total area of 64 square miles. Its population density is average for a town of its size at 3,219 people per square mile. As the metropolitan area of Boise is beginning to recoup some of its economic success after the economic downturn, now is the perfect time for prospective homeowners to see what Boise has to offer.

Many of the residents in Boise, Idaho are families that enjoy the mixture of being in a rural setting while having a thriving metropolitan area so close. The housing density in Boise is currently at 1,200 homes/condos per square mile, which is a little low considering the size of Boise. The median home sale price has also fallen in the past couple of years as Boise tries to recover from the housing market crash. Sale prices are now averaging $160,000, while they were nearly $100,000 just three years ago. The median price that a renter of an apartment/condo is going to pay is around $690.

Boise’s homes range from older-style models to modern displays of home building. The 1970s were the decade that produced the most home building in Boise, as over 12,000 homes were constructed during that time period. The average home in Boise will usually have three bedrooms with one-and-a-half bathrooms. An average for a person renting an apartment is two bedrooms with one bathroom.

Most of the homes in the Boise area sell for anywhere between $150,000 and $400,000, while the average rent paid ranges from $500 all the way up to $1,250. The city of Boise provides many jobs to inhabitants of the area. However, since most of the residents live on the outskirts of town, there is usually a 10-20 minute commute to work every morning.

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