Is 83110, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83110 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 83110 was a Buyer's Market.

Key Takeaway

83110 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 83110, WY

How much do homes in 83110, WY cost?

Median Sold Price

$326,875

$303/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$142,125(-30.3%)

Key Takeaway

Homes in 83110 have sold for 30.3% less than they did a month ago.

Summary: The median home sold price in 83110 was $326,875 in November 2024, down 30.3% from last month, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$253.7K
N/A
2 --
N/A
3 $537.5K$638.7K
+18.8%
4 $469K$400K
-14.7%
5+ --
N/A

Summary: 83110 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 did not change, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.

Housing Supply in 83110, WY

How many homes are available in 83110, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2928-3.4%

Summary: The 83110 real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 11
0.0%
3 98
-11.1%
4 109
-10.0%
5+ 67
+16.7%

Summary: The 83110 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 83110, 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 83110 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 83110, WY

How long does it take to sell a home in 83110, WY?

Average Sale Time

Oct 2024Nov 2024CHANGE
86 Days130 Days+51.7%

Summary: Homes in 83110 had an average of 130 days on market in Nov 2024, up by 51.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 83110 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in 83110; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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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