Is 82240, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82240 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 82240 was a Buyer's Market.

Key Takeaway

82240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82240, WY

How much do homes in 82240, WY cost?

Median Sold Price

$222,250

$109/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$18,750(+9.2%)

Key Takeaway

Homes in 82240 have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in 82240 was $222,250 in December 2024, up 9.2% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $147K$137K
-6.8%
3 $203.5K$230.5K
+13.3%
4 -$347.5K
N/A
5+ $410K$324.5K
-20.9%

Summary: 82240 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 13.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 20.9%.

Housing Supply in 82240, WY

How many homes are available in 82240, WY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4845-6.3%

Summary: The 82240 real estate market had 45 homes for sale in December 2024, a 6.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 99
0.0%
3 1714
-17.6%
4 98
-11.1%
5+ 1112
+9.1%

Summary: The 82240 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
412+200.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82240, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 82240 in December 2024, up by 200.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.

Days on Market for 82240, WY

How long does it take to sell a home in 82240, WY?

Average Sale Time

Nov 2024Dec 2024CHANGE
79 Days112 Days+41.2%

Summary: Homes in 82240 had an average of 112 days on market in Dec 2024, up by 41.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82240 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 12 homes were sold in 82240; 17% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 58% 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 8 Days Ago

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