$87,000
0.48 Acres
Land
Zane Erickson, Listing Office: RE/MAX Valley 1 Realty
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 Last Month
Last month, Star Valley Ranch was a Buyer's 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
$565,000
$335/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$70,000(+14.1%)
Key Takeaway
Homes in Star Valley Ranch have sold for 14.1% more than they did a month ago.
Summary: The median home sold price in Star Valley Ranch was $565,000 in November 2024, up 14.1% from last month, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $391.2K | - | N/A |
| 3 Bedrooms | $590K | $565K | -4.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Star Valley Ranch housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Star Valley Ranch, WY
How many homes are available in Star Valley Ranch, WY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 34 | -8.1% |
Summary: The Star Valley Ranch real estate market had 34 homes for sale in November 2024, a 8.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Star Valley Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Star Valley Ranch in November 2024, the same as the previous month. Of the 5 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 Days | 123 Days | +28.7% |
Summary: Homes in Star Valley Ranch had an average of 123 days on market in Nov 2024, up by 28.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Star Valley Ranch are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Star Valley Ranch; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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