Around Southwestern Idaho: Economic activity, August 2025

Jan Roeser, regional economist
Idaho Department of Labor
(208) 696-2172

Regional labor market information

Southwestern Idaho’s single-family home sales – July 2024 and 2025

Figure 1a.
Median price sold20252024Change
Ada$549,900$547,2450.5%
Adams$459,000$640,000-28.3%
Boise$699,141$510,00037.1%
Canyon$429,000$423,4451.3%
Elmore$382,490$370,0003.4%
Gem$455,000$456,750-0.4%
Owyhee$353,950$450,000-21.3%
Payette$385,000$383,0000.5%
Valley$741,500$770,000-3.7%
Washington$335,750$314,5006.8%
Source: Intermountain Multiple Listing Service
Figure 1b.
Days on market20252024Change
Ada39368.3%
Adams48100-52.0%
Boise474114.6%
Canyon4146-10.9%
Elmore614052.5%
Gem464015.0%
Owyhee2349-53.1%
Payette564427.3%
Valley4256-25.0%
Washington3940-2.5%
Regional average days4449-10.2%
Source: Intermountain Multiple Listing Service
Figure 1c.
Inventory20252024Change
Ada2,1991,71828.0%
Adams544520.0%
Boise16511938.7%
Canyon1,2301,09512.3%
Elmore1669574.7%
Gem12910621.7%
Owyhee43414.9%
Payette130136-4.4%
Valley23017729.9%
Washington685621.4%
Regional totals4,4143,58823.0%
Source: Intermountain Multiple Listing Service
Figure 1d.
Total homes sold20252024Change
Ada89980811.3%
Adams58-37.5%
Boise292045.0%
Canyon453486-6.8%
Elmore3437-8.1%
Gem332250.0%
Owyhee10742.9%
Payette372927.6%
Valley2632-18.8%
Washington818-55.6%
SW sold and % change1,5341,4674.6%
Source: Intermountain Multiple Listing Service
Figure 2.
Southwestern Idaho job postingsJul-24Jul-25% change# change
Unique postings9,34111,09318.8%1,752
Days posted14157.1%1
Number of employers2,0652,57724.8%512
Advertised wage$25.08$27.519.7%$2.43
Share wage advertisements51%52%2.0%1%
Source: Help Wanted Online data via Lightcast
Figure 3.
Top occupations by unique job postings in southwestern IdahoPostings, Jul-25Postings, Jul-24Year over year % change
Registered nurses34526928.3%
Retail salespersons280289-3.1%
Customer service representatives24319822.7%
Sales representatives, wholesale, manufacturing, except technical and scientific products26819636.7%
Trailer-tractor truck drivers16710953.2%
Software developers16613027.7%
Janitors and cleaners13410330.1%
First-line supervisors of retail sales workers17315015.3%
Project managers1291216.6%
Business development and sales managers101132-23.5%
Account managers and representatives988022.5%
Source: Help Wanted Online data via Lightcast

Regional news

Ada County

  • The Treefort Music Festival reported a profit for the first time since 2019. In 2023, it moved its main headliners to Julia Davis Park and opened its own venue in downtown Boise, both of which heightened expenses and investments. This year, it experienced a 20% increase in attendance compared to 2024 while being the highest grossing festival since its inception in 2012. Source: Boise State Public Radio
  • Eagle experienced a fast-moving brush fire that caused an evacuation for a couple hours from an area of Eagle and consumed about 250 acres. The wildfire was extinguished by 27 firefighting units with the cause initially unknown. Source: Idaho Statesman
  • The U.S. Army Corps of Engineers announced that Lucky Peak Reservoir started its annual drawdown on time this year, after a summer of irrigation and recreation. Last year, the drawdown started several weeks earlier to facilitate repairs on Turner Gulch boat ramp. Source: KTVB News
  • Boise State University’s Venture College is offering a free, 10-week course for entrepreneurs open to all students and community members, either virtually or in person. It provides mentorship from industry experts and seasoned executives, running from Sept. 2 to Nov. 4 this year on Tuesday and Thursday afternoons from 4:30-6:30 p.m. Source: Idaho Business Review

Canyon County

  • Middleton School District trustees voted to place a two-year, $5 million levy on the November ballot. The funds will mainly be used toward personnel, both classified and certified, along with school resource officers and security staff following a recent contract approval. This is in addition to an approved supplemental levy in 2023 for two years of $3 million funding. The voters have not approved a bond since 2008 as it requires a super majority vote versus the majority vote needed for a supplemental levy. Source: Idaho Education News
  • The city of Nampa is considering turning over the Ford Idaho Center to the College of Western Idaho. The city feels this conveyance will improve the finances, management and maintaintenance of the facility that is home to concerts, rodeos, public school athletics and graduations. The center has accrued a deficit of $3.4 million from 2019 to 2023 and it has been estimated that deferred maintenance is around $25 million. The public have voiced varying opinions on the potential conveyance with some suggesting building a parking facility on owned adjacent land then developing the remainder of the area around the facility. Source: Idaho Press
  • The city of Caldwell annexed Farmway Village allowing it to help with adding more affordable housing options to the in-demand area that provides housing for some of Canyon County’s farm laborers. In the summer, the population ratchets up to 1,400 people. Caldwell’s Urban Renewal District is the entity that will now invest in more units for these workers now that the annexation is complete. Source: KTVB News 
  • The University of Idaho Parma Research and Extension Center hosted the annual crop-research field day. Tours, demonstrations of drone services including the release of beneficial arthropods and displays of bee hotels and pollinator mixes, were part of the agenda. Attendance was free with certified crop advisor credits available including Idaho and Oregon pesticide applications and pest management credits. Source: Capital Press

Gem County

  • Valor Health celebrated its 10-year anniversary with a community event featuring free food, entertainment and giveaways. The hospital was previously known as Walter Knox Memorial Hospital, changing names in 2015. It works collaboratively with St. Alphonsus Health System. It is in the middle of a construction project, the first in 60 years, that will add a new urgent care clinic, along with offering family and pediatric specialties, x-ray services and blood draws. The 6,000 square feet facility is scheduled to open later this year. Source: Idaho Press

Owyhee County

  • Construction started on a commercial development in Homedale. The anchor store will be D&B Supply with 59,000 square feet. It will fill nine of the 15 acres with O’Reilly Auto Parts, McDonald’s and an Idaho Central Credit Union branch completing the site. D&B is expected to open in the fall of 2026. Source: Owyhee Avalanche

Valley County

  • The Rock Fire started from lightning near Donnelly’s Tamarack Resort and within a week had grown to 2,700 acres with zero containment. There were 700 personnel fighting the fire with six helicopters and 26 engines. Nearby residents received evacuation notices and local roads, campgrounds and trails were closed the week it started. Residents further away have been notified to be ready to evacuate and a community meeting was held at the Donnelly Rural Fire Protection District’s office. Source: Idaho Capital Sun
  • The Fourth Judicial District Court decided against a group of short-term rental owners that filed suit to remove the city’s rules regarding occupancy and noise. The complaint said that the rules cost them more than $100,000 per year in lost revenue and the improvements triggered were cost prohibitive. The owners failed to prove to the court that the loss was to the level stated in the case but did determine that the noise regulations were unreasonable. Source: The Star-News
  • In January 2026, Alaska Airlines will add a ninth flight between Boise and California flying nonstop into the Ontario International Airport. This is after resumption of its direct flight to Bozeman from Boise in October. At the halfway point in 2025, Boise’s airport is 8% ahead of passengers in the first half of 2024. The airport just had its busiest June on record with 480,000 travelers. Source: Idaho Statesman

Openings

  • Clarity Credit Union hosted a ribbon cutting in Homedale. Source: Owyhee Avalanche
  • The city of Boise hosted a ribbon cutting for its recently constructed, affordable apartment complex in downtown Boise. The 102 units were created for those earning 30-80% of the area median income or $108,800 annually for a family of four. The complex provides an array of options including studios, one-bedrooms, two-bedrooms and three-bedroom units. On-site child care options from Boise Language Schools and a community garden are part of the project. The Boise Housing Land Trust requires 10% of the units for those transitioning from homeless situations. The secretary for the U.S. Housing and Urban Development participated in the celebration alongside Idaho Sen. Mike Crapo, the mayor of Boise and a city council person. Source: KTVB News
Apartment complex in Boise
The apartment complex that hosted a ribbon cutting. The complex has 102 units.
  • Big Daddy’s BBQ is opening its second restaurant in the Treasure Valley, this time in Boise. Source: Idaho Statesman
  • Mai Thai temporarily moved to Meridian when its long-time downtown Boise location in the Union Block Building was condemned due to structural concerns. The restaurant has returned to Boise operating out of a different ‘ghost’ kitchen defined as a restaurant without seating. It offers delivery, pick-up or catering until it finds a permanent home. Source: Idaho Statesman
  • St. Luke’s Health System opened a 330,000 square foot warehouse in Meridian that integrates pharmacy and supply chain operations. The facility has taken nearly 10 years to move from concept to execution, allowing the large health care provider to now take advantage of volume discounts and be flexible regarding venders. There is also secure storage areas dedicated to life-saving and high-risk medications. It is named the Consolidated Services Center and personnel are touring the facility which is the size of six football fields. Source: Idaho News 6
  • Fratelli Deli is opening its sandwich shop in the former Poke Bowl in Meridian. Source: Idaho Statesman
  • Bombay Grill expanded from its 20-year-old Boise east Indian restaurant, opening a Meridian site complete with a liquor license. This second restaurant started with take-out service only, moving to a full-service operation come September. Source: Idaho Statesman
  • New Plymouth High School held a ribbon cutting for its new agriculture building that is 9,600 square feet and offers four times as much space as the outmoded building. It has a large shop, storage room and two classrooms along with a new meat cutting facility. Source: Idaho Farm Bureau magazine
  • Kaixo Corner park opened with a ribbon cutting and live music. It is located across from the Basque Block in downtown Boise. Its completion coincided with the Jaialdi Basque Festival that welcomed visitors from near and some as far as South American countries that were recipients of the diaspora that occurred when Spain’s Franco dissolved the Basque Country. Kaixo means ‘hello’ in Basque and the park offers a welcoming spot with plenty of built-in seating and pillars with different languages and cultural significance. Source: Idaho News 6 
  • Boise State University has a new six-story housing complex available for its first-year students named Syringa Hall after Idaho’s state flower. It offers a central location with 450 beds available. Source: Boise State University website, https://www.boisestate.edu/housing/housing-options/syringa-hall/

Closures

  • Spitfire Craft Pizza & Pints closed its Boise restaurant after seven years of making Detroit style pies. Source: Idaho Statesman
  • Cupbop, a quick-service Korean BBQ restaurant in downtown Boise, is closed. It is unclear whether this is permanent or temporary. There are two other franchises still operating in the Treasure Valley. Source: Idaho Statesman

This Idaho Department of Labor project is funded by the U.S. Department of Labor for SFY25 as part of the Workforce Information grant (40%) and state/nonfederal funds (60%) totaling $885,703.

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