Is Hot Springs County, 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, Hot Springs County was a Buyer's Market.
Housing Prices in Hot Springs County, WY
How much do homes in Hot Springs County, WY cost?
Median Sold Price
$145,900
$105/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Hot Springs County was $145,900 in May 2024, down 42.1% from last month, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $107K | N/A |
3 Bedrooms | - | $72.5K | N/A |
4 Bedrooms | $252K | $190K | -24.6% |
5+ Bedrooms | - | $435K | N/A |
Summary: Hot Springs 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 did not change, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Washakie County | $178K | $206K | +15.7% |
Fremont County | $280K | $275K | -1.8% |
Hot Springs County | $252K | $145.9K | -42.1% |
Housing Supply in Hot Springs County, WY
How many homes are available in Hot Springs County, WY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Summary: The Hot Springs County real estate market had 28 homes for sale in May 2024, a 16.7% increase 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 | 6 | 7 | +16.7% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hot Springs 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 increased by 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hot Springs County in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hot Springs County, WY
How long does it take to sell a home in Hot Springs County, WY?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 Days | 129 Days | +149.4% |
Summary: Homes in Hot Springs County had an average of 129 days on market in May 2024, up by 149.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Hot Springs County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.