Is Riverton, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Riverton has remained a Seller's Market.
Housing Prices in Riverton, WY
How much do homes in Riverton, WY cost?
Median Sold Price
$235,000
$146/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Riverton was $235,000 in May 2024, down 6% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $215K | N/A |
2 Bedrooms | $182K | $106.5K | -41.5% |
3 Bedrooms | $225K | $280.5K | +24.7% |
4 Bedrooms | $285K | $369.5K | +29.6% |
5+ Bedrooms | $285K | $252.5K | -11.4% |
Summary: Riverton 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 decreased by 41.5%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Cities
Wind River | $240K | $232.5K | -3.1% |
Riverton | $250K | $235K | -6.0% |
Housing Supply in Riverton, WY
How many homes are available in Riverton, WY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 81 | +2.5% |
Summary: The Riverton real estate market had 81 homes for sale in May 2024, a 2.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Riverton 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 increased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Riverton in May 2024, down by 9.5% month-over-month. Of the 19 sold homes, 74% were sold under asking, 16% were sold at asking, and 11% were sold over asking.
Days on Market for Riverton, WY
How long does it take to sell a home in Riverton, WY?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
98 Days | 152 Days | +55.7% |
Summary: Homes in Riverton had an average of 152 days on market in May 2024, up by 55.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Riverton; 16% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.