Star Valley Market Report

Located south of Jackson Hole and spanning from Smoot through Alpine, Wyoming, Star Valley’s real estate market is heavily influenced by its northern neighbor’s market conditions. However, Star Valley does not have the development limitations that have led to an explosion in Jackson Hole’s real estate prices. Land is plentiful in Star Valley, Wyoming, which can lead to more drastic swings when market conditions change.

The Star Valley real estate market in 2024 is characterized by rising prices and strong demand, especially in high-growth areas like Thayne and Fairview/Smoot. Properties in more affordable regions like Star Valley Ranch and Bedford also remain attractive, balancing the market with options for various buyer profiles.