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Star, ID

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Star, ID

Sat Jul 20 2024
This week the median list price for Star, ID is $637,772 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has increased to 212. Click here to stay informed with the Star market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Star, ID

Sat Jul 20 2024
This week the median list price for Star, ID is $637,772 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has increased to 212. Click here to stay informed with the Star market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Star market.
Median List Price $637,772
Median Price of New Listings $734,497
Per Square Foot $268
Average Days on Market 81
Median Days on Market 67
Price Decreased 46%
Price Increased 6%
Relisted 5%
Inventory 212
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,055,000 3,252 0.25 - 0.5 acre 4 4 1 2 3 77
$739,995 2,653 8,000 - 10,000 sqft 4 3 0 4 1 49
$552,990 2,247 6,500 - 8,000 sqft 3 3 0 1 4 35
$465,990 1,851 6,500 - 8,000 sqft 3 2 0 1 7 77