As we wrap up 2022, it's time to reflect. What big things do you remember? One of the most talked about items that effected the Treasure Valley area in a huge way of the last few years was the massive jump in home prices.

Let's take a look at how crazy the home prices were here in the Boise area compared to the rest of the U.S. Home sale prices have been growing just about everywhere in the nation at impressive rates since mid-2020. With that being said a new study by House Method which looks at the housing markets that outperformed or underperformed the five-year national average home sale price.

"Out of the top 150 metros, Boise had the #1 highest sale price increase at 118% from 2017 to 2022.

Here are some of the main findings for Boise in the study:

  • Boise saw a 118% change which is +63% from the national average (55%).

  • The 2022 average home sale price for Boise is $512,033.

  • There was a $276,862 change from 2017 to 2022.

While the market has calmed a bit many were outplaced and forced to move because cost of living simply did not match up to income levels. A serious problem that the area is still facing. While the market has certainly taken a little drop, will the Boise area see a full-blown market crash?

Keep scrolling to learn more.

9 Reasons Why Idaho Will See a Real Estate Crash

There are several headwinds that are lined up to derail the nation's hottest housing market. We take a look at them here.

Gallery Credit: KEVIN MILLER

Top 10 Metros Dropping Home Prices

These metro areas of seen the largest share of sellers dropping their home prices in the month of June.

Gallery Credit: Cort Freeman

These 10 Idaho Counties Have the Most Affordable Home Prices

Based on the most up to date statistics from Realtor.com, these 10 counties have the cheapest median home prices. Scroll through to see how much they cost and what the cheapest and/or largest home on the market in that county looks like.

Gallery Credit: Michelle Heart

😎 $29K Mobile Home Listing in Garden City Is Way Nicer Than You'd Expect [gallery]

🏠 As the housing market prices have climbed, Idahoans from every generation and demographic are seeing mobile homes in a new, inspired light!

🏠 If you're in search of a terrific, affordable mobile home in the Boise area, you've come to the right place, friend. Scroll on to check out the mobile home GEM we found hiding in Idaho's Garden City!

Gallery Credit: Ryan Valenzuela

[SOLD] $74,950 Foreclosed Home For Sale In One of Idaho's Most Beautiful Cities

Shoshone County's cutest foreclosure is looking for its forever family!

Gallery Credit: Ryan Valenzuela

Channel Your Inner Bob Ross In This Boise Riverfront Home

My three favorite things in this house

  1. The Art Studio
  2. The Kitchen
  3. The Pool

Gallery Credit: Cort Freeman