Is Carbon County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbon County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Carbon County has remained a Seller's Market.

Key Takeaway

Carbon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carbon County, WY

How much do homes in Carbon County, WY cost?

Median Sold Price

$150,000

$133/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$37,500(-20.0%)

Key Takeaway

Homes in Carbon County have sold for 20% less than they did a month ago.

Summary: The median home sold price in Carbon County was $150,000 in May 2024, down 20% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$145K
N/A
2 $155K$155K
0.0%
3 $217K$150K
-30.9%
4 $244.2K$112.5K
-53.9%
5+ $175K$385K
+120.0%

Summary: Carbon County 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 did not change, 3 bedroom homes decreased by 30.9%, 4 bedroom homes decreased by 53.9%, and 5+ bedroom homes increased by 120%.

Median Sold Price Compared To Nearby Counties

Natrona County
-0.4%
Carbon County
-20.0%

Housing Supply in Carbon County, WY

How many homes are available in Carbon County, WY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
109100-8.3%

Summary: The Carbon County real estate market had 100 homes for sale in May 2024, a 8.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2524
-4.0%
3 4040
0.0%
4 3125
-19.4%
5+ 119
-18.2%

Summary: The Carbon County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
21210.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carbon County, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Carbon County in May 2024, the same as the previous month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% were sold over asking.

Days on Market for Carbon County, WY

How long does it take to sell a home in Carbon County, WY?

Average Sale Time

Apr 2024May 2024CHANGE
122 Days114 Days-6.5%

Summary: Homes in Carbon County had an average of 114 days on market in May 2024, down by 6.5% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Carbon County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 21 homes were sold in Carbon County; 19% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Carbon County, WY

Nearby Markets to Carbon County, WY

What housing markets are near Carbon County, WY?