Market Overview
Home Prices in Ola, ID
The median home value in Ola, ID is $586,968 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ola are priced43% above average. Ola is part of the Boise City, ID metro area.
Over the past five years, Ola home values have risen by approximately14.0%, reflecting steady appreciation in this market.
Price History
Ola Home Price Trend
2020
$341,776
$342K
—
2021
$514,936
$515K
+50.7%
2022
$638,854
$639K
+24.1%
2023
$558,269
$558K
-12.6%
2024
$557,009
$557K
-0.2%
2025
$567,747
$568K
+1.9%
2026
$586,968
$587K
+3.4%
City Comparison
Ola vs. National Median
🏠 Ola
$586,968
National Median
$410,000
At $586,968, homes in Ola cost 43% above the national median of $410,000. Buyers in Ola should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ola?
20% Down Payment
$117,394
on $586,968
Monthly P&I
$3,061/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,887/mo
incl. taxes & insurance
Income Needed
$155,480
gross annual (30% rule)
10% Down Option
$58,697
+ PMI applies
Loan Amount (20% dn)
$469,574
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ola, ID?
The median home value in Ola is $586,968 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Ola?
Over the past year, home values in Ola have increased by 3.4%. Over five years, prices have risen approximately 14.0%.
How much do I need to earn to buy a home in Ola?
To comfortably afford the median home price of $586,968 with a 20% down payment ($117,394) at today's rates (6.8%), you'd need a gross annual income of approximately $155,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Ola compare to the national average home price?
The national median home value is approximately $410,000. At $586,968, homes in Ola are 43% above the national average.
What metro area is Ola part of?
Ola is part of the Boise City, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.