Around Southwestern Idaho: Economic activity, June 2025

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

Regional labor market information

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

Median price sold20252024Change
Ada$579,900$559,8393.6%
Adams$417,500$525,000-20.5%
Boise$571,000$467,50022.1%
Canyon$433,490$419,9953.2%
Elmore$369,900$352,0005.1%
Gem$425,445$408,5004.1%
Owyhee$390,000$372,5004.7%
Payette$395,000$400,750-1.4%
Valley$812,000$790,0002.8%
Washington$312,125$420,635-25.8%
Source: Intermountain Multiple Listing Service
Figure 1b.
Days on market20252024Change
Ada3438-10.5%
Adams7298-26.5%
Boise4475-41.3%
Canyon44424.8%
Elmore532889.3%
Gem51486.3%
Owyhee4865-26.2%
Payette3753-30.2%
Valley57570.0%
Washington523933.3%
Regional average days4954-9.4%
Source: Intermountain Multiple Listing Service
Figure 1c.
Inventory20252024Change
Ada2,1211,62930.2%
Adams483633.3%
Boise14910246.1%
Canyon1,1731,06510.1%
Elmore1529855.1%
Gem1277960.8%
Owyhee353016.7%
Payette1181134.4%
Valley18515420.1%
Washington57529.6%
Regional totals4,1653,35824.0%
Source: Intermountain Multiple Listing Service
Figure 1d.
Total homes sold20252024Change
Ada8358093.2%
Adams6450.0%
Boise161414.3%
Canyon4644385.9%
Elmore452955.2%
Gem362638.5%
Owyhee510-50.0%
Payette35342.9%
Valley1620-20.0%
Washington1215-20.0%
SW sold and % change1,4701,3995.1%
Source: Intermountain Multiple Listing Service
Figure 2.
Southwestern Idaho job postingsMay-24May-25% change# change
Unique postings10,2799,524-7.3%-755
Days posted101440.0%4
Number of employers2,2172,2732.5%56
Advertised wage$25.05$28.9815.7%$3.93
Share wage advertisements42%49%16.7%7%
Source: Help Wanted Online data via Lightcast
Figure 3.
Top occupations by unique job postings in southwestern IdahoPostings, May-25Postings, May-24Year over year % change
Registered nurses313314-0.3%
Retail salespersons222267-16.9%
Customer service representatives178212-16.0%
Sales representatives, wholesale, manufacturing, except technical and scientific products207216-4.2%
Trailer-tractor truck drivers17512638.9%
Software developers18413437.3%
Janitors and cleaners90121-25.6%
First-line supervisors of retail sales workers128161-20.5%
Project managers110132-16.7%
Business development and sales managers111137-19.0%
Account managers and representatives7787-43.8
Source: Help Wanted Online data via Lightcast

Regional news

Ada County

  • The Idaho Department of Labor’s Boise local office hosted a hiring event at the State of Idaho’s Chinden Campus. It was well attended with 23 employers and 232 job seekers. Source: Idaho Department of Labor
  • Micron announced it plans to build a second fabrication plant at its southeast Boise campus. The company is currently constructing its research and development plant alongside a water treatment plant. It is purported that the bare ground between the existing campus and the new construction will be filled with buildings and parking structures developed to handle the R&D production process and workforce. The company expects the second Boise fab to come online before the first New York fabrication plant commonly referred to as a ‘megafab’ based on its output. The company expects to create an estimated 90,000 indirect and direct jobs across the U.S. Source: Micron and Idaho Business Review
  • Pivot Pointe is a new subdivision in Meridian with homes priced lower than normal. It was developed by national builder KB Homes and is offering single-family residences significantly below Ada County’s May median sales price of $579,500. Its starting price point is $380,000 for a 1,570 square foot home with the caveat that prices are an estimate as some carry fees. Homes are under construction in other KB subdivisions in Meridian and in Nampa. Source: Idaho Business Review

Boise County

  • Bogus Basin officially opened its summer operations with offerings such as the Glade Runner Mountain Coaster, the bike park and the Mineshaft Challenge Course. The chairlift transports people seeking thrills on the mountain bike trails, as well as those seeking hiking opportunities, scenic vistas and photo opportunities. Bogus Basin is also collaborating with the Duck Club that created Treefort Music Fest to offer a series of live music events throughout the summer. Details can be found here. Source: Idaho Press and Bogus Basin
  • Horseshoe Bend is experiencing issues with its source of potable water, the Payette River. Residents are asked to conserve water which has been treated and stored in the city water tank. Mudslides upriver turned the water dark brown, stopping it from being treated. The conservation is expected to be temporary as the river will clear up. Source: Idaho News 6

Canyon County

  • Salvador Alamilla, the owner of  Amano, is the second Idaho chef to win a James Beard Award for the Mountain region. The award was presented in Chicago, competing against chefs in Idaho, Colorado, Utah, Wyoming and Montana. The win comes after four years of repeated nominations. The restaurant has been open for approximately six years, having recently moved to a different location in Caldwell. Source: Idaho Statesman
  • The Kroger Company announced plans to build a 155,000-square-foot Fred Meyer store in Caldwell. The store will employ 250 workers with the company expecting to break ground in the spring of 2026 and open in 2026 or 2027. Source: Idaho Statesman
  • The Gardner Group announced rebranding of the Nampa Gateway Center to the Sugar District, a nod to the nearby processing plant. The 65-acre development will look different with a new façade, updated landscaping, parking and lighting to start. A 112-room TownePlace Suites Hotel will open in late July while a second Flying Pickle indoor pickleball club will open during the fall. Nampa Gateway Center originally opened in 2007 with J.C. Penney as its anchor. Sports Authority and Macy’s opened in 2009, then the Regal Edwards Nampa Gateway movie theater opened in 2010. Except for J.C. Penney, the ensuing businesses have all shuttered. Apartments and townhomes are part of the larger development plan but still in the design stage. A block party was held in June to celebrate the rebranding of the Sugar District with giveaways, food and Bus Bar Idaho which served mocktails. Source: Idaho Statesman

Gem County

  • The 90th annual Cherry Festival was held in Emmett with growers reporting the warm days and nights leading up to the second week of June produced a crop of cherries. It is estimated that an average of 55,000 visitors went to Emmett to enjoy at least one of the four days of activities and cherry picking options in the orchards. Source: Idaho Press

Valley County

  • Both Brundage and Tamarack ski resorts are operating their chair lifts for summer recreation such as hiking and mountain biking. Brundage offers an event center coined Bluebird Pavilion. Both hills feature live music, bike races or fun runs and yoga on the mountain. Tamarack’s Osprey Meadows Golf Course is newly open, offering 18-holes with a 19th Gambler’s Hole. Source: The Star-News

New construction projects

  • Northwest Nazarene University broke ground on its new indoor athletics training facility. The 22,000-square-foot building is named after the donor of the steel for the building — Rob Roberts of R&M Steel. The focus is on activity, health and wellness but the university emphasized it will be one of the top training centers for golf in the Northwest. Source: Idaho Business Review
  • Construction is underway on an 11,384-square-foot administrative building and equipment yard as the Ada County Highway District’s maintenance and operations facility moves from Garden City to a site on South Apple and Federal Way. Source: Ada County Highway District and BoiseDev
  • A new retail strip mall is under construction in southeast Boise with Master Lee’s Taekwondo as the anchor tenant, moving from around the block. Source: BoiseDev and City of Boise Planning

Openings

  • Johnson Thermal Systems, a Caldwell-based company, hosted a grand opening celebration for its second Idaho plant, this one in Nampa. The company manufactures generators that keep data centers in operation during power outages. The cost of the 172,000 square foot facility is $55 million and allows the company to double its manufacturing capacity, according to the company president. The new plant is in the process of hiring 140 workers, mentioning there may be a need for another Nampa plant in the future. Source: Idaho Statesman
  • Tacos Loteria opened in Meridian at the former Von’s Chicken space, moving from its two-year-old food truck to a brick-and-mortar restaurant. Source: Idaho Statesman
  • A second Treasure Valley Wienerschnitzel restaurant opened in Nampa complete with a grand opening celebration. The fast-food franchise was founded in 1961 with a hot dog cart in southern California. Source: KTVB News
  • El Molcajete Mexican restaurant opened in Meridian at the former Biscuits & Hogs and Sunrise Café sites. Source: Idaho Statesman
  • State Street Food Truck Lot opened in Boise on a lot that was formerly used for outdoor auto storage. It is home to Pop’s Treasure Valley Taqueria, The Hood and Anzalone Pizza. There will be rotations throughout the summer. The area is complete with yard games, portable restrooms, picnic tables and shade umbrellas. Source: Idaho Statesman
  • The 26-story apartment tower named Arthur, after Arthur Oppenheimer who founded Oppenheimer Development Corporation, opened in Boise’s downtown area. It is billed as the tallest residential building with 298 luxury units, a rooftop pool, a 24-hour concierge and barista services, 327 covered parking spots and 8,800 square feet of retail. Source: Idaho Business Review
  • A new farmers’ market opened in Boise called the West Bench Farmers Market operating on Thursday evenings from 5 to 9 p.m. It offers food and craft vendors. Global Gardens, an Idaho Office for Refugees program, received a U.S. Department of Agriculture grant to establish the new market offering a fresh-food resource to the community. At the same time, it is creating economic opportunities for small-scale producers of ethnic goods and fresh garden produce. Global Lounge is focused on cultural preservation, education, integration and the promotion of cultural awareness for individual and community development. Other partners include the neighborhood association, Boise Bicycle Project, City of Good and radio station Tropico FM. Source: Capital Press

Closings

  • Shige’s Sushi Express in Meridian is closing after 14 years. Shige founded downtown Boise’s first sushi restaurant in 1992, it closed 26 years later. Source: Idaho Statesman
  • The Stuffed Olive closed in Eagle. Source: Idaho Statesman
  • Vons Chicken closed its restaurant in a Meridian strip mall. It was known for its popular Korean fried chicken. The company is headquartered in South Korea with locations in the U.S., Guam, China, Vietnam, Guatemala and Cambodia. Source: Idaho Statesman
  • Sushi Joy Asian Cuisine near downtown Boise closed after 14 years. Umai Sushi Burrito claims it will open within a month offering sushi burritos, poke bowls, noodle soups and teriyaki plates. Source: Idaho Statesman
  • The Rite Aid stores in McCall and Caldwell have shuttered. This is part of the bankruptcy proceedings with the company commenting that many of its stores will be sold to CVS Pharmacy. 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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