Is Star Valley Ranch, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Star Valley Ranch has remained a Neutral Market.
Key Takeaway
Star Valley Ranch is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Star Valley Ranch, WY
How much do homes in Star Valley Ranch, WY cost?
Median Sold Price
$550,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Star Valley Ranch have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Star Valley Ranch was $550,000 in March 2024, down 6.6% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $150K | -61.0% |
| 2 Bedrooms | $528.5K | $405K | -23.4% |
| 3 Bedrooms | $637K | $515K | -19.2% |
| 4 Bedrooms | $565K | $590K | +4.4% |
| 5+ Bedrooms | $825K | $909.5K | +10.2% |
Summary: Star Valley Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61%, 2 bedroom homes decreased by 23.4%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in Star Valley Ranch, WY
How many homes are available in Star Valley Ranch, WY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Star Valley Ranch real estate market had 24 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Star Valley Ranch housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Star Valley Ranch, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Star Valley Ranch in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Star Valley Ranch, WY
How long does it take to sell a home in Star Valley Ranch, WY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 118 Days | 162 Days | +37.9% |
Summary: Homes in Star Valley Ranch had an average of 162 days on market in Mar 2024, up by 37.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Star Valley Ranch has remained consistent over time.
Summary: During March 2024, 4 homes were sold in Star Valley Ranch; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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