Is 82941, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82941 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 82941 was a Seller's Market.

Key Takeaway

82941 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 82941, WY

How much do homes in 82941, WY cost?

Median Sold Price

$415,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+7.8%)

Key Takeaway

Homes in 82941 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 82941 was $415,000 in October 2024, up 7.8% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $275.5K$285K
+3.4%
2 $276K$353K
+27.9%
3 $375K$400K
+6.7%
4 $530K$472.6K
-10.8%
5+ $800K$693K
-13.4%

Summary: 82941 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 13.4%.

Housing Supply in 82941, WY

How many homes are available in 82941, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4250+19.0%

Summary: The 82941 real estate market had 50 homes for sale in October 2024, a 19.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 56
+20.0%
3 1822
+22.2%
4 1011
+10.0%
5+ 79
+28.6%

Summary: The 82941 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82941, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 82941 in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 82941, WY

How long does it take to sell a home in 82941, WY?

Average Sale Time

Oct 2023Oct 2024CHANGE
88 Days141 Days+60.0%

Summary: Homes in 82941 had an average of 141 days on market in Oct 2024, up by 60% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82941 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in 82941; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

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