Is Hells Half Acre, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hells Half Acre is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hells Half Acre has remained a Seller's Market.

Key Takeaway

Hells Half Acre is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hells Half Acre, WY

How much do homes in Hells Half Acre, WY cost?

Median Sold Price

$500,000

$227/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$140,000(+38.9%)

Key Takeaway

Homes in Hells Half Acre have sold for 38.9% more than they did a month ago.

Summary: The median home sold price in Hells Half Acre was $500,000 in May 2024, up 38.9% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $308K-
N/A
2 --
N/A
3 $315K$290K
-7.9%
4 $525K$500K
-4.8%
5+ -$625K
N/A

Summary: Hells Half Acre 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 7.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hells Half Acre
+38.9%
Casper North
+14.1%
Mills
-19.9%

Housing Supply in Hells Half Acre, WY

How many homes are available in Hells Half Acre, WY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3237+15.6%

Summary: The Hells Half Acre real estate market had 37 homes for sale in May 2024, a 15.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 26
+200.0%
3 1714
-17.6%
4 1011
+10.0%
5+ 26
+200.0%

Summary: The Hells Half Acre 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 200%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hells Half Acre, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Hells Half Acre in May 2024, down by 27.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.

Days on Market for Hells Half Acre, WY

How long does it take to sell a home in Hells Half Acre, WY?

Average Sale Time

Apr 2024May 2024CHANGE
84 Days52 Days-37.7%

Summary: Homes in Hells Half Acre had an average of 52 days on market in May 2024, down by 37.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hells Half Acre has remained consistent over time.

Summary: During May 2024, 8 homes were sold in Hells Half Acre; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% 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

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