The housing and rental markets in Ada County are hot, and the trend of rising prices for residential real estate in the Treasure Valley will not stop any time soon, according to Boise real estate experts.

That means homes under $200,000 are disappearing from the market, fast.

The Ada County Assessor’s Residential Real Estate Symposium put a group of real estate professionals in the same room as Ada County government officials so they could discuss challenges and trends in the county’s housing market.

The Idaho Press reports, the median price of a house in Ada County in 2007 was $250,000, but in 2019, that number reached $354,000.

The rise in both home and rental prices is a problem in the valley, mostly because wages have remained stagnant in comparison to the drastic jump in property values.