Is Casper South, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Casper South was a Buyer's Market.
Key Takeaway
Casper South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Casper South, WY
How much do homes in Casper South, WY cost?
Median Sold Price
$618,000
$170/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Casper South have sold for 7.4% less than they did a month ago.
Summary: The median home sold price in Casper South was $618,000 in May 2024, down 7.4% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $764.9K | $297.7K | -61.1% |
| 4 Bedrooms | $642.5K | $850K | +32.3% |
| 5+ Bedrooms | $610.2K | $740K | +21.3% |
Summary: Casper South 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 61.1%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Hells Half Acre | $360K | $500K | +38.9% |
| Casper North | $362.5K | $413.5K | +14.1% |
| Casper | $288.7K | $306K | +6.0% |
| Casper South | $667.5K | $618K | -7.4% |
| Evansville | $349.7K | $287.2K | -17.9% |
Housing Supply in Casper South, WY
How many homes are available in Casper South, WY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 69 | -4.2% |
Summary: The Casper South real estate market had 69 homes for sale in May 2024, a 4.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 29 | 26 | -10.3% |
Summary: The Casper South 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 10.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 21 | +110.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Casper South, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Casper South in May 2024, up by 110.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Casper South, WY
How long does it take to sell a home in Casper South, WY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 77 Days | 86 Days | +10.7% |
Summary: Homes in Casper South had an average of 86 days on market in May 2024, up by 10.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Casper South has remained consistent over time.
Summary: During May 2024, 21 homes were sold in Casper South; 10% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 43% 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.