Wood River currently leans toward sellers, with the market gauge pointing to a seller’s market. Months of supply has climbed to 2.6, yet still signals that inventory favors sellers overall. At the same time, homes are spending a typical 32 days on the market in this rolling three-month view.
Home values have held relatively steady year over year, with the typical home value up slightly by about 2 percent in this period. List prices show a similar pattern, rising a bit over 3 percent compared with a year ago, suggesting sellers are still able to price with some confidence even as conditions shift.
Underlying activity tells a story of tighter supply and slower turnover than last year. Active listings are down about a quarter year over year, and homes sold have fallen by roughly half, while new listings and pending sales are also lower than a year ago. The share of homes selling above list has dropped to under a quarter of sales, and the average sale-to-list ratio is just under 100 percent, hinting that aggressive bidding has cooled. Even so, more than 60 percent of homes go off the market within two weeks, showing that appealing listings still move quickly. Whether you are a buyer trying to compete effectively or a seller aiming to price strategically, Agent Pronto can connect you with a Wood River agent who understands these trends.
