Around Southwestern Idaho: Economic activity, March 2025

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

Regional labor market information

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

Median price sold20252024Change
Ada$530,000$519,0002.1%
Adams$355,000$325,0009.2%
Boise$529,500$510,0003.8%
Canyon$416,490$409,8181.6%
Elmore$392,990$315,50024.6%
Gem$429,900$485,000-11.4%
Owyhee$327,000$286,00014.3%
Payette$380,000$357,4996.3%
Valley$805,518$1,000,000-19.4%
Washington$320,250$314,9001.7%
Source: Intermountain Multiple Listing Service
Figure 1b.
Days on market20252024Change
Ada52496.1%
Adams603571.4%
Boise59549.3%
Canyon644930.6%
Elmore655812.1%
Gem7692-17.4%
Owyhee786030.0%
Payette855749.1%
Valley9398-5.1%
Washington57106-46.2%
Regional average days69664.7%
Source: Intermountain Multiple Listing Service
Figure 1c.
Inventory20252024Change
Ada1,4211,12626.2%
Adams252119.0%
Boise613764.9%
Canyon1,01672639.9%
Elmore11055100.0%
Gem1005678.6%
Owyhee1622-27.3%
Payette1008222.0%
Valley957920.3%
Washington3344-25.0%
Regional totals2,9772,24832.4%
Source: Intermountain Multiple Listing Service
Figure 1d.
Total homes sold20252024Change
Ada60452914.2%
Adams46-33.3%
Boise12119.1%
Canyon36833011.5%
Elmore312240.9%
Gem15147.1%
Owyhee69-33.3%
Payette2326-11.5%
Valley913-30.8%
Washington12771.4%
SW sold and % change1,08496712.1%
Source: Intermountain Multiple Listing Service
Figure 2.
Southwestern Idaho job postingsFeb-24Feb-25% change# change
Unique postings8,37510,04119.9%1,666
Days posted101110.0%1
Number of employers2,6572,7744.4%117
Advertised wage$22.95$30.0030.7%$7.05
Share wage advertisements44%50%13.6%6%
Source: Help Wanted Online data via Lightcast
Figure 3.
Top 10 occupations by unique job postings in southwestern IdahoPostings, Feb-25Postings, Feb-24Year over year % change
Sales representatives, wholesale, manufacturing, except technical and scientific products62155511.9%
Registered nurses1,7291,36027.1%
Customer service representatives641666-3.8%
Retail salespersons6021,144-47.4%
Software developers442201119.9%
Trailer-tractor truck drivers3553346.3%
First-line supervisors of retail sales workers301530-43.2%
Project management specialists30626117.2%
Fast food and counter workers207227-8.8%
Laborers, freight, stock, material movers and hand261285-8.4%
Source: Help Wanted Online data via Lightcast

Regional news

Ada County

  • St. Luke’s Boise Medical Center announced it started a program last November coined ‘Hospital at Home’. A patient fitting the program’s parameters can take equipment home with follow-up visits from hospital-employed paramedics. The number of daily visits depends on the patient’s needs. Health care professionals can check the living environment and ensure nothing could potentially complicate a condition —  an advantage to a hospital stay. Source: KTVB News
  • The Ada County Highway District and the Idaho Transportation Department collaborated to provide temporary repairs to a failing bridge in Boise, spending an estimated $500,000. The road bridge has reopened after stabilization of its footings in the Boise River. The shutdown lasted almost two months. The bridge is on a list for full replacement in a couple of years. Source: Idaho News 6
  • Seven Idaho companies were included on the Forbes Best Employers List. Of the 701 large companies on the list, Treasure Valley entities included: Winco Foods ranked No. 67, St. Alphonsus Health Care System ranked No. 187 and The J.R. Simplot Company ranked No. 292. On the midsize employers list, Treasure Valley businesses included: Jackson Foods ranked No. 170, Scentsy ranked No. 292 and Norco ranked No. 370. The poll contacted 217,000 employees across the country to see which priorities were highest when it came to employment. Compensation was the top priority, followed by employee development and advancement, meaningful work, supportive colleagues and workplace well-being and flexibility. Source: Idaho Business Review

Boise County

  • Idaho City turned off its water service to residents after reports of low water pressure. A leak was found and water restored but only after some restaurants had to shut down or limit service. Source: Idaho Statesman

Canyon County

  • Middleton School District trustees voted to put a $19.9 million bond on the ballot for the May election. The bond funds would be used to build a new elementary school that would educate 600-700 students. The school received $17 million from a legislative bill that was recently passed to help schools with facilities that need updating or to build new ones. The amount was deemed insufficient to provide overdue maintenance and build a new school in the current cost environment. Two of the three elementary schools are over capacity including Heights Elementary (145%), Mill Creek Elementary (114%) and Purple Sage Elementary (90%). The school district has experienced five failed bonds attempts since passing a bond in 2008 for a new high school. The requirement of a supermajority of 66.67% of voters in favor lowers the odds of voter approval. The 20-year bond would cost taxpayers $34 per $100,000 of assessed value after the homeowner’s exemption of $125,000. Source: Idaho Press
  • The College of Idaho, a private college in Caldwell, has reorganized with President Doug Brigham filling the newly formed chief executive officer position.  The executive vice president and provost was promoted to the presidential position. The college also announced it will phase out its Professional, Ethical, Articulate and Knowledgeable (PEAK) curriculum which allowed students to achieve one major and three minors.  Students will have the option to finish out their PEAK programming or shift to the new curriculum “Do More in Four.” The new curriculum will include a four-day school week and four credit classes, allowing students to graduate with both a bachelor’s and a master’s degree in four years. New programs include criminology and international affairs departments at the college. The four-day week allows companies to have more time with interns or for uninterrupted research on that free Friday. The college has maintained enrollment of about 1,000 students since 2019. Source: Idaho Press
  • Nampa started collecting  a local option tax tied to hotel receipts, creating a pool of money for expansion of tourism amenities. The Ford Center and the Nampa Civic Center are examples of potential funding recipients. Source: Idaho News 6

Owyhee County

  • The city of Homedale purchased the South Board of Control’s former business office when they moved to the vacant Vance Dairy Construction building, also in Homedale. The South Board oversees the irrigation districts utilizing water from the Owyhee River. The Owyhee Project stores water and provides electricity generation, flood control and recreational opportunities. Source: The Owyhee Avalanche
  • The Owyhee County Historical Museum in Murphy has leased a 9,000 square foot lot behind the museum in preparation for building a wagon barn. The museum is the recipient of 35 antique wagons and stagecoaches from Mike Haney, a transportation historian and collector living in Jordan Valley, Oregon. The collection is well over 100 years old and a video regarding the wagons can be viewed here. The museum is accepting donations towards the $350,000 price tag for the barn, with several large in-kind and monetary contributions already pledged. The museum hopes to have the wagon barn in place by the summer of 2026. Source: The Owyhee Avalanche

Valley County

  • The Payette Lakes Recreational Sewer and Water District is seeking a $7 million bond to repair its sewer system. The election will be held in May requiring 50% of the voters, plus one vote for approval. Source: The Star-News
  • In May, McCall voters will vote on whether to renew ‘the streets’ local option tax (LOT) for 10 years. It requires 60% of voter approval to pass. The city is also asking for an additional 1%, moving the LOT from 3% to 4%. Source: The Star-News

Openings

  • A ribbon cutting was held to welcome the new Department of Motor Vehicles office located in Star City Hall. Appointments must be made in advance. Source: Idaho News 6
  • Belmont Brew House opened in Garden City’s former Twisted District Brew Co. which closed last spring. A wide variety of cider and tap beer are offered, along with a robust menu consisting of made-from-scratch choices. Source: Idaho Statesman
  • The Boise Police Department (BPD) opened a new substation coined the Whitewater Station. The cost to remodel the former Moneytree was about $1.8 million and will house the motorcycle and DUI teams, along with providing cubicles for all officers to drop in and utilize the space. “Total demand for traffic services, complaints and crashes has risen over 25% in the last five years,” according to a BPD representative.” Source: Idaho Press
  • Rapido Burrito opened in the previous Gyro Shack spot in west Boise. The same owner rebranded a Gyro Shack earlier in Boise to fit consumer preferences across the Treasure Valley. There are no plans to convert the remaining four Gyro Shack restaurants, which are performing well according to the restaurateur. Source: Idaho Statesman
  • Rosa’s, a taco shop that co-locates with Push and Pour coffee shop in Garden City, opened its doors to crowds. It offers organic corn tortillas while being part of the Wylder family of restaurants that include the Wylder, Certified Kitchen + Bakery, the Roosevelt Market, the Wyld Child and the Percy. Source: Idaho Statesman
  • Capriotti’s Sandwich Shop opened in Star. It is a franchise offering a variety of sandwiches. The franchise is already established in Coeur d’Alene and Twin Falls, with plans to open another restaurant in Meridian before years end. Source: Idaho Statesman

Closures

  • Wells Fargo announced it will close its Collister branch and its Vista branch in Boise. In addition, a Boise bench branch will move to a nearby location in May. The bank closed a branch in Meridian over a year ago. Finally, its Enterprise Complaint Center, a call center located in Boise, has laid off 55 employees which was expected after earlier announcements by Wells Fargo. Source: Idaho Statesman
  • Cinnaholic closed its bakery located at the Village in Meridian. The eatery had been open for eight years. Source: Idaho News 6
  • The Chicken Shanty, an Oregon-based premium craft chicken eatery, closed its Meridian restaurant. 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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