Is 83101, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83101 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 83101 has remained a Seller's Market.

Key Takeaway

83101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 83101, WY

How much do homes in 83101, WY cost?

Median Sold Price

$252,750

$124/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$17,750(+7.6%)

Key Takeaway

Homes in 83101 have sold for 7.6% more than they did a month ago.

Summary: The median home sold price in 83101 was $252,750 in October 2024, up 7.6% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $232.5K$201.2K
-13.4%
3 $218K$263K
+20.6%
4 $290K$335K
+15.5%
5+ --
N/A

Summary: 83101 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes did not change.

Housing Supply in 83101, WY

How many homes are available in 83101, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2719-29.6%

Summary: The 83101 real estate market had 19 homes for sale in October 2024, a 29.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 129
-25.0%
3 107
-30.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The 83101 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 decreased by 25%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 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 83101, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 83101 in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 83101, WY

How long does it take to sell a home in 83101, WY?

Average Sale Time

Sep 2024Oct 2024CHANGE
95 Days56 Days-41.3%

Summary: Homes in 83101 had an average of 56 days on market in Oct 2024, down by 41.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 83101 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 83101; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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