Is 83014, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83014 is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, 83014 has remained a Buyer's Market.

Key Takeaway

83014 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 83014, WY

How much do homes in 83014, WY cost?

Median Sold Price

$2,050,000

$1,288/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$1,003,750(+95.9%)

Key Takeaway

Homes in 83014 have sold for 95.9% more than they did a year ago.

Summary: The median home sold price in 83014 was $2,050,000 in December 2024, up 95.9% from last year, and the median price per square foot was $1,288.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $855K$850K
-0.6%
2 $1.0M$1.1M
+16.7%
3 $440K$2.1M
+388.6%
4 $4.2M$6.7M
+60.7%
5+ $5.2M$8.8M
+69.4%

Summary: 83014 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 388.6%, 4 bedroom homes increased by 60.7%, and 5+ bedroom homes increased by 69.4%.

Median Sold Price Compared To Nearby Zip Codes

83014
+95.9%
83001
-10.5%

Housing Supply in 83014, WY

How many homes are available in 83014, WY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5258+11.5%

Summary: The 83014 real estate market had 58 homes for sale in December 2024, a 11.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 45
+25.0%
2 2021
+5.0%
3 1110
-9.1%
4 66
0.0%
5+ 1116
+45.5%

Summary: The 83014 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 83014, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 83014 in December 2024, up by 33.3% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 83014, WY

How long does it take to sell a home in 83014, WY?

Average Sale Time

Dec 2023Dec 2024CHANGE
140 Days238 Days+70.4%

Summary: Homes in 83014 had an average of 238 days on market in Dec 2024, up by 70.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 83014 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 4 homes were sold in 83014; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 10 Days Ago

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