$90,000
0.63 Acres
Land
Kendell Foreman, Listing Office: Compass Real Estate
Is 83127, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 83127 was a Seller's Market.
Key Takeaway
83127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 83127, WY
How much do homes in 83127, WY cost?
Median Sold Price
$642,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$107,500(+20.1%)
Key Takeaway
Homes in 83127 have sold for 20.1% more than they did a year ago.
Summary: The median home sold price in 83127 was $642,500 in October 2024, up 20.1% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $425K | $319.9K | -24.7% |
| 3 Bedrooms | $485K | $525K | +8.2% |
| 4 Bedrooms | $590K | $713.3K | +20.9% |
| 5+ Bedrooms | $802K | $930K | +16.0% |
Summary: 83127 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Zip Codes
| 83118 | $590K | $785K | +33.1% |
| 83127 | $535K | $642.5K | +20.1% |
Housing Supply in 83127, WY
How many homes are available in 83127, WY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 60 | -6.3% |
Summary: The 83127 real estate market had 60 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 83127 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 20%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 83127, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 83127 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 83127, WY
How long does it take to sell a home in 83127, WY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 92 Days | +15.8% |
Summary: Homes in 83127 had an average of 92 days on market in Oct 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 83127 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 83127; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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