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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83014 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 83014 was a Seller's Market.

Key Takeaway

83014 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 83014, WY

How much do homes in 83014, WY cost?

Median Sold Price

$1,850,000

$1,247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$853,750(+85.7%)

Key Takeaway

Homes in 83014 have sold for 85.7% more than they did a year ago.

Summary: The median home sold price in 83014 was $1,850,000 in October 2024, up 85.7% from last year, and the median price per square foot was $1,247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $855K$875K
+2.3%
2 $350K$1.1M
+228.6%
3 $155K$2.0M
+1222.6%
4 $4.3M$6.9M
+60.9%
5+ $5.2M$9.3M
+78.3%

Summary: 83014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 228.6%, 3 bedroom homes increased by 1222.6%, 4 bedroom homes increased by 60.9%, and 5+ bedroom homes increased by 78.3%.

Median Sold Price Compared To Nearby Zip Codes

83014
+85.7%
83001
-13.5%

Housing Supply in 83014, WY

How many homes are available in 83014, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6870+2.9%

Summary: The 83014 real estate market had 70 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 2528
+12.0%
3 1615
-6.3%
4 98
-11.1%
5+ 1414
0.0%

Summary: The 83014 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

9 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 83014, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 83014 in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
275 Days115 Days-58.0%

Summary: Homes in 83014 had an average of 115 days on market in Oct 2024, down by 58% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 83014 has remained consistent over time.

Summary: During October 2024, 11 homes were sold in 83014; 0% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 45% 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 23 Days Ago

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