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Star, ID

Single-Family Homes

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Star, ID

Sat Jul 31 2021
This week the median list price for Star, ID is $575,042 with the market action index hovering around 51. This is less than last month's market action index of 61. Inventory has increased to 64. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Star, ID

Sat Jul 31 2021
This week the median list price for Star, ID is $575,042 with the market action index hovering around 51. This is less than last month's market action index of 61. Inventory has increased to 64. 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

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Star market.
Median List Price $575,042
Median Price of New Listings $552,273
Per Square Foot $274
Average Days on Market 30
Median Days on Market 28
Price Decreased 58%
Price Increased 2%
Relisted 2%
Inventory 64
Median Rent $1,800
Market Action 51
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$838,100 2,889 1 - 2.5 acres 4 3 7 5 0 24
$619,900 2,541 8,000 - 10,000 sqft 4 2 0 3 2 31
$538,314 2,213 6,500 - 8,000 sqft 4 2 0 3 2 28
$480,669 1,694 6,500 - 8,000 sqft 3 2 0 7 4 14