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 April 2023
Since last year, Star Valley Ranch has remained a Buyer'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
$550,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 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 April 2024, down 6.6% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $150K | -61.0% |
| 2 Bedrooms | $527K | $405K | -23.1% |
| 3 Bedrooms | $599K | $515K | -14.0% |
| 4 Bedrooms | $565K | $590K | +4.4% |
| 5+ Bedrooms | $825K | $909.5K | +10.2% |
Summary: Star Valley Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 14%, 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Summary: The Star Valley Ranch real estate market had 27 homes for sale in April 2024, a 42.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Star Valley Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was 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 1 homes were sold or pending in Star Valley Ranch in April 2024, down by 75.0% month-over-month. Of the 1 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 60 Days | 51 Days | -15.0% |
Summary: Homes in Star Valley Ranch had an average of 51 days on market in Apr 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Star Valley Ranch has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Star Valley Ranch; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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