Is Platte 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, Platte County was a Seller's Market.
Housing Prices in Platte County, WY
How much do homes in Platte County, WY cost?
Median Sold Price
$292,500
$180/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Platte County was $292,500 in May 2024, up 34.8% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $160K | - | N/A |
3 Bedrooms | $223.5K | $292.5K | +30.9% |
4 Bedrooms | $188.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Platte 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 increased by 30.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Platte County | $217K | $292.5K | +34.8% |
Converse County | $232.7K | $273.2K | +17.4% |
Goshen County | $185K | $200K | +8.1% |
Housing Supply in Platte County, WY
How many homes are available in Platte County, WY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Summary: The Platte County real estate market had 38 homes for sale in May 2024, a 5.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Platte County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 3 | -72.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Platte County in May 2024, down by 72.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Platte County, WY
How long does it take to sell a home in Platte County, WY?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 Days | 135 Days | +12.7% |
Summary: Homes in Platte County had an average of 135 days on market in May 2024, up by 12.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Platte County; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.