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Does a ranch or two story home have better resale?

what type of home tends to hold it's value better, one story or two story homes?

Asked by Anonymous| 11-28-2022| 1,452 views|Selling|Updated 3 years ago

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Zoltan PeresztegiReal Estate Agent2 months ago

Neither style holds value better on its own. The one that holds value in your market is whichever one is scarce relative to who is actually buying there, and you can measure that in an afternoon. I hold the SRES designation, Seniors Real Estate Specialist, so I spend a lot of my time on exactly the buyer group that drives this question, and I want to give you something more usable than "it depends." Brian, Robert, Keith and Amanda are all pointing the right direction. Robert is right that single-level appeals to a wider audience and that the older generation will always be looking for it. Amanda is right that two-story usually buys you more space for the money and plays well with families. Keith is right that it comes down to your specific town and its demographics. Here is how to actually find the answer for your town instead of guessing. Pull the last twelve months of closed sales in your submarket, not your county. Split them into single-level and two-story. Then look at three things: what share of closings each style represents, the median days on market for each, and the median sale-to-list ratio for each. If single-level is a small share of what closed and it still sold faster and closer to list, you have a genuine scarcity premium. If single-level is most of what closed, there is no premium to capture because there is no shortage. Why days on market and sale-to-list rather than price per square foot? Because of how appraisals work. An appraiser adjusts comparable sales for gross living area, site, condition, quality and location. There is no line item on the grid for "number of stories." So in most markets the single-level advantage does not show up first as a higher price. It shows up as a shorter marketing time, fewer price reductions, and a stronger sale-to-list ratio. It only converts into actual dollars per square foot when the shortage is severe enough that buyers bid against each other for the handful of single-level homes available. Two pieces of national context that explain why single-level demand is real and durable. On the supply side, the National Association of Home Builders reported that one-story homes were 48.6% of new single-family starts in 2025, up from 47.5% in 2024. That is a slow drift toward single-level, and it splits sharply by region. The Midwest and the South build a lot of single-story. The Northeast and the West build up rather than out. So the local norm matters enormously. In a market where 80% of the housing stock is already ranch, being a ranch buys you nothing. On the demand side, roughly 11,000 Americans are turning 65 every day, and only about 10% of US homes qualify as aging-ready, meaning a step-free entry, a bedroom and full bath on the main floor, and at least one bathroom accessibility feature. I would flag honestly that the 10% number rests on older survey data and I would not treat it as precise. But the direction is not in dispute, and that gap between how many people need a step-free home and how many step-free homes exist is the entire engine behind single-level demand. Here is the piece most of these conversations miss. The buyer is not really shopping for a ranch. The buyer is shopping for a bedroom and a full bathroom they do not have to climb stairs to reach. A two-story with a main-floor primary suite captures most of that demand at a lower build cost per square foot, and it is often the smartest resale answer of the three options. Which brings up cost, because a ranch and a two-story of the same size are not the same house economically. National cost data puts ranch construction somewhere around $150 to $200 per square foot against roughly $130 to $180 for two-story, because the same living area sits on a larger foundation and under a larger roof. And the ranch eats more lot. A 2,000 square foot ranch typically wants 8,500 to 10,000 square feet of land where the two-story gets by on 5,500 to 7,000. Those are national ranges and your local land and labor costs will swamp them, so use them as direction, not as your number. The lot constraint is not just a cost issue either. On a narrow, small, or sloped lot, a true single-level may not be buildable at all inside your setbacks and lot coverage limits. In my own market on the Palos Verdes Peninsula and in the South Bay hillsides, genuine single-level homes are scarce precisely because the terrain is sloped, and that scarcity is exactly why they get bid up here. Somewhere flat in the Midwest, the same house would be unremarkable. I should say plainly that I do not know where you are, and since you did not name a market I would not pretend to. My name is Zoltan Peresztegi, SRES, and I am a real estate professional in Los Angeles working the South Bay and the Palos Verdes Peninsula. If you tell me your city, I am glad to introduce you to an agent there who can run the single-level versus two-story split on real local closings for you. That local number will beat every national generalization in this thread, including mine. One update, since this question is from 2022. Nothing here has reversed in the years since. If anything the aging-in-place demand has gotten louder, and homes that let someone live entirely on one floor have gotten harder to find, not easier. Zoltan

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Keith Jean PierreReal Estate Agent5 months ago

This completely depends on your market area and specific town/neighborhood demographics. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Amanda CourtneyReal Estate Agent9 months ago

Neither style is automatically better. Ranch homes often appeal to a wider buyer pool because they are easier for aging buyers or people with mobility concerns. Two-story homes may offer more space for the price and are popular with families. The best resale potential depends on the neighborhood and local buyer demand.

Brian DiMaggioReal Estate Agent3 years ago
Semi-Pro42 Answers

I think this depends on the location, but I find that the one story is the better of the two.

Robert KiefferReal Estate Agent3 years ago
Rising Star11 Answers

One level living will retain better value and appeal to a larger audience. The one story has a larger footprint, but minimal stairs. The older generation will always be looking for this style of home.

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