Average price in area: $183,746
This house: $199,900
Description: 4 beds, 2 baths; 2,168 square-feet
Idaho's capital is home to several major companies, including pulp and paper maker
Boise Cascade, and chip manufacturer
Micron Technologies . The recession has hit the economy hard and unemployment, at 9.5% in April, is the same high rate it was a year earlier.
With hiring slow, real estate prices have been depressed.
Boise's median home price has fallen more than 40% in the bust, according to data from Wells Fargo. The metro area now has the 13th highest foreclosure rate in the nation and all those bank repossessions have added to the inventory of homes for sale.
This home, which has a spacious and modern floor plan and custom touches like French doors and a stone fireplace, is on the market for a reasonable $199,900.
More information: Coldwell Banker NEXT: Fargo, N.D.
