Build Idaho

Star, ID

Single-Family Homes

Boise's Ultimate Home Search --> https://www.buildidaho.com



Star, ID

Mon Jan 24 2022
This week the median list price for Star, ID is $619,900 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 58. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Star, ID

Mon Jan 24 2022
This week the median list price for Star, ID is $619,900 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has decreased to 58. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Star market.
Median List Price $619,900
Median Price of New Listings $501,995
Per Square Foot $306
Average Days on Market 67
Median Days on Market 56
Price Decreased 28%
Price Increased 3%
Relisted 2%
Inventory 58
Median Rent $2,295
Market Action 49
Strong Seller's Market

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
$1,199,999 3,057 0.5 - 1 acre 4 3.5 4 2 1 42
$792,400 2,543 8,000 - 10,000 sqft 3 3 1 1 3 98
$594,900 2,204 6,500 - 8,000 sqft 4 2.5 1 2 2 35
$488,990 1,900 6,500 - 8,000 sqft 3 2 1 7 6 28