Is 82501, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82501 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 82501 has remained a Seller's Market.

Key Takeaway

82501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82501, WY

How much do homes in 82501, WY cost?

Median Sold Price

$315,000

$171/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$90,000(+40.0%)

Key Takeaway

Homes in 82501 have sold for 40% more than they did a month ago.

Summary: The median home sold price in 82501 was $315,000 in November 2024, up 40% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $106.7K-
N/A
2 $135K$174K
+28.9%
3 $257K$275K
+7.0%
4 $272K$440K
+61.8%
5+ $665K-
N/A

Summary: 82501 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 61.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

82501
+40.0%
82520
-4.8%

Housing Supply in 82501, WY

How many homes are available in 82501, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9068-24.4%

Summary: The 82501 real estate market had 68 homes for sale in November 2024, a 24.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 97
-22.2%
3 4937
-24.5%
4 1411
-21.4%
5+ 1411
-21.4%

Summary: The 82501 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2716-40.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82501, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 82501 in November 2024, down by 40.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.

Days on Market for 82501, WY

How long does it take to sell a home in 82501, WY?

Average Sale Time

Oct 2024Nov 2024CHANGE
86 Days157 Days+82.7%

Summary: Homes in 82501 had an average of 157 days on market in Nov 2024, up by 82.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82501 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 16 homes were sold in 82501; 0% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 69% 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 22 Days Ago

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