MAGIC VALLEY | MIDYEAR 2026 LAND MARKET REPORT
SINGLE FAMILY PERMITS & VALUES
The first half of 2026 saw the Magic Valley’s residential construction slow year-over-year, as single-family permit activity fell 42 percent, while permit valuation declined 46 percent. In contrast, multifamily development showed modest improvement, with more than $5 million in permits issued through midyear, exceeding the pace recorded during the same period last year (2025) but remaining below historical levels.