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Canyon County s volatile housing market may be cheaper than Ada County, but it s still not that affordable

Canyon County s volatile housing market may be cheaper than Ada County, but it s still not that affordable The median cost of a home in Canyon County is $384,000 according to the Nampa Association of Realtors, a 47.7% increase from last year. Author: Andrew Baertlein Updated: 6:09 PM MDT June 15, 2021 NAMPA, Idaho For those seeking refuge from sky-rocketing housing prices in Ada County, Canyon County might be a more affordable option but its housing market is “absolutely crazy,” according to Nampa Association of Realtors President-Elect Ophelie Montgomery. This year, the median cost of a home in Canyon County is up to $384,000, an increase of 47.7% from a year ago, according to NAOR.

Big increases continue for Ada, Canyon County home prices a year into pandemic

Big increases continue for Ada, Canyon County home prices a year into pandemic Paul Schwedelson, The Idaho Press © Provided by KTVB-TV Boise A year since the start of the coronavirus pandemic, housing prices in the Treasure Valley continue to climb. Median single-family home prices rose in both Ada and Canyon counties in March compared to both last year and last month, according to data from the Intermountain Multiple Listing Service. In Ada County, the jump was from $367,250 in March 2020 to $467,325 in March 2021, or a 27.3% rise. It’s the biggest year-over-year percentage increase in the county since January 2013 (34.7%). Back then, the median price was $185,909.

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