Is Star Valley Ranch, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Star Valley Ranch is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Star Valley Ranch was a Seller's Market.

Key Takeaway

Star Valley Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Star Valley Ranch, WY

How much do homes in Star Valley Ranch, WY cost?

Median Sold Price

$573,500

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,500(+7.4%)

Key Takeaway

Homes in Star Valley Ranch have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Star Valley Ranch was $573,500 in October 2024, up 7.4% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K-
N/A
2 $437.5K$319.9K
-26.9%
3 $502.5K$530K
+5.5%
4 $655K$602.5K
-8.0%
5+ $889K$887.5K
-0.2%

Summary: Star Valley Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Cities

Etna
+33.1%
Star Valley Ranch
+7.4%

Housing Supply in Star Valley Ranch, WY

How many homes are available in Star Valley Ranch, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4240-4.8%

Summary: The Star Valley Ranch real estate market had 40 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1718
+5.9%
4 109
-10.0%
5+ 109
-10.0%

Summary: The Star Valley Ranch housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Star Valley Ranch, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Star Valley Ranch in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
79 Days79 Days0.4%

Summary: Homes in Star Valley Ranch had an average of 79 days on market in Oct 2024, up by 0.4% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Star Valley Ranch has remained consistent over time.

Summary: During October 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Star Valley Ranch, WY

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