BOISE, Idaho — Editor's note: The video above examines if the Treasure Valley is ready for the projected population growth expected by 2040.

The Treasure Valley's housing market continues to heat up as the median home sales price in March reached $334,290 in Meridian and $312,083 in Boise.

A recent report from the Boise Regional Realtors, a realtors association for Ada, Gem, Canyon, and Elmore counties, show how much single-family home sale prices jumped in the last year by looking at median home prices. 

In March, the median home sales price in Ada County reached $335,000, an 8.8 percent increase from the same time last year. The increase was fueled in part to newly constructed homes making up a larger portion of all home sales, with 39.8 percent share of the market, a ten percent increase from a year ago.

In Canyon County, the average March home sale price was $238,032, about 30 percent less than Ada County's median price.

The change in year-to-year home sales prices across the Treasure Valley cities jumped by 9.45 percent from March of 2018 to March of this year. However, two Canyon County towns bucked the trend when their housing markets saw significant decreases in their home sales prices.

Forecasts by Zillow.com, which uses an algorithm examining public property data and current Zillow listings, predict that home prices will continue to climb throughout the Treasure Valley into 2020. 

MORE: Is the Treasure Valley ready for the massive population growth expected by 2040?

Scroll down to see a breakdown of housing costs for each Treasure Valley city.

We took a look at the following for each city or town:

  • Median home sales price, according to a Boise Regional Realtors March market report examining data from the Intermountain MLS and Realtors Property Resource
  • Home sale price changes between 2018 and 2019, according to the Boise Regional Realtors March market report 
  • Forecasted home prices for 2020, according to Zillow.com, which uses a Zillow Home Price Index to predict changes in a home's price in one year
  • Average rent listing price or Zillow Rent Index -- we listed either average rent listing prices (available now for select areas) tracked on Zillow.com or estimated rent prices based on Zillow algorithms that use public property data and other factors for cities that do not have rental listings on Zillow.

Ada County

Boise:

  • Median home sale price: $312,083
  • 10.5% increase from 2018 to 2019
  • Forecast to increase by 8.8% by 2020
  • Average rent listing price: $1,395

Garden City:

  • Median home sale price: $271,486
  • 14.2% increase from 2018 to 2019 
  • Forecast to increase by 6.9% by 2020
  • Zillow Rent Index: $1,436

Meridian:

  • Median home sale price: $334,290
  • 11% increase from 2018 to 2019 
  • Forecast to increase by 9% by 2020
  • Average rent listing price: $1,500

Eagle:

  • Median home sale price: $475,561
  • 3.2% increase from 2018 to 2019
  • Forecast to increase by 4.9% by 2020
  • Average rent listing price: $1,800

Kuna:

  • Median home sale price: $271,486
  • 14.2% increase from 2018 to 2019
  • Forecast to increase by 10.3% by 2020
  • Zillow Rent Index: $1,351

Star:

  • Median home sale price: $367,584
  • 25.3% increase from 2018 to 2019
  • Forecast to increase by 7.7% by 2020
  • Zillow Rent Index: $1,530

MORE: As Ada County's median home price hits $320K, the Treasure Valley's housing shortage worsens

Canyon County

Nampa:

  • Median home sale price: $239,473 
  • 18.4% increase from 2018 to 2019 
  • Forecast to increase by 11.4% by 2020
  • Average rent listing price: $1,130

Caldwell:

  • Median home sale price: $218,473
  • 15.7% increase from 2018 to 2019
  • Forecasted to increase by 12.1% by 2020
  • Average rent listing price: $1,300

Middleton:

  • Median home sale price: $271,463
  • 10% increase from 2018 to 2019
  • Forecast to increase by 10.3% by 2020
  • Zillow Rent Index: $1,330 

Parma:

  • Median home sale price: $175,089
  • -7.8% decrease between 2018-2019
  • Forecasted to increase by 6.9% by 2020
  • Zillow Rent Index: $1,269 

Wilder:

  • Median home sale price: $253,414
  • -10.7% decrease between 2018-2019
  • Forecast to increase 11.4% by 2020
  • Zillow Rent Index: $1,278 

Melba:

  • Median home sale price: $270,688
  • 12.4% increase between 2018-2019
  • Forecasted to increase 14.2% by 2020
  • Zillow Rent Index: $1,353

MORE: Then and now: See how the Treasure Valley has grown in the last 100 years

Editor's note: Growing Idaho is a month-long series of KTVB special reports.