Is Mills, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mills has remained a Seller's Market.
Key Takeaway
Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mills, WY
How much do homes in Mills, WY cost?
Median Sold Price
$180,500
$118/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Mills have sold for 19.9% less than they did a month ago.
Summary: The median home sold price in Mills was $180,500 in May 2024, down 19.9% from last month, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $205.5K | $33.3K | -83.8% |
| 3 Bedrooms | $310.7K | $180.5K | -41.9% |
| 4 Bedrooms | $311K | $257.2K | -17.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mills housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 83.8%, 3 bedroom homes decreased by 41.9%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Casper | $288.7K | $306K | +6.0% |
| Mills | $225.2K | $180.5K | -19.9% |
Housing Supply in Mills, WY
How many homes are available in Mills, WY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 34 | -8.1% |
Summary: The Mills real estate market had 34 homes for sale in May 2024, a 8.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 8 | 3 | -62.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Mills in May 2024, down by 12.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Mills, WY
How long does it take to sell a home in Mills, WY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 109 Days | 57 Days | -47.1% |
Summary: Homes in Mills had an average of 57 days on market in May 2024, down by 47.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Mills; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Wyoming MLS. All Rights Reserved.