Is Sweetwater County, 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, Sweetwater County has remained a Seller's Market.
Housing Prices in Sweetwater County, WY
How much do homes in Sweetwater County, WY cost?
Median Sold Price
$263,950
$130/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Sweetwater County was $263,950 in May 2024, down 0.4% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69.9K | - | N/A |
2 Bedrooms | $162.5K | $166.5K | +2.5% |
3 Bedrooms | $285K | $260K | -8.8% |
4 Bedrooms | $262.4K | $269.9K | +2.8% |
5+ Bedrooms | $477.5K | $452.5K | -5.2% |
Summary: Sweetwater 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 increased by 2.5%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Counties
Uinta County | $264.5K | $310K | +17.2% |
Sweetwater County | $265K | $263.9K | -0.4% |
Housing Supply in Sweetwater County, WY
How many homes are available in Sweetwater County, WY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
157 | 144 | -8.3% |
Summary: The Sweetwater County real estate market had 144 homes for sale in May 2024, a 8.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 24 | 20 | -16.7% |
3 Bedrooms | 57 | 55 | -3.5% |
4 Bedrooms | 44 | 36 | -18.2% |
5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Sweetwater County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 40 | -7.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Sweetwater County in May 2024, down by 7.0% month-over-month. Of the 32 sold homes, 56% were sold under asking, 38% were sold at asking, and 6% were sold over asking.
Days on Market for Sweetwater County, WY
How long does it take to sell a home in Sweetwater County, WY?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 Days | 91 Days | +7.2% |
Summary: Homes in Sweetwater County had an average of 91 days on market in May 2024, up by 7.2% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Sweetwater County; 15% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.