2025 is quickly leaving us in its wake, giving us long, dark, cold winter days illuminated by Christmas lights and hopes for the New Year. As we prepare for a new season of home buying and selling here in the Treasure Valley, it can be beneficial to take a step back and see what the real estate market looked like during some of the highs and lows of 2025.
Nothing particularly unexpected happened in the market during 2025 except the steady interest rates. The average interest rates hovered around 6.5% for most of the year and as of November 2025 were hitting 6.19%. The median home price in Ada County for November 2025 was $562,900, as opposed to the median home price in May 2025 which was $579,900. There were 2,121 homes on the market in Ada County in May 2025 and 1,897 homes on the market in November, the drop in inventory is likely due to the winter weather and holiday season. About 690 homes were sold in Ada County in November and they were averaging around 49 days on the market. Of the homes sold, 457 of them were resale, which was an increase of 7.3% year-over-year.
The Treasure Valley real estate market performed well this year, although definitely not as well as it has in previous years. It wasn’t the worst year, but not the best either. With the drop in prices and a potential for interest rates to drop as well, we are hopeful for 2026 to be the start of a well-balanced market for both buyers and sellers. But more on that at the end of the year, for now, Merry Christmas from all of us at TV Idaho RE and PM! May you and your family have a blessed holiday season and may your days be merry and bright.