Is 83127, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83127 is a buyer's market

Buyer's
Market

Difference Since November 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

$650,000

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$125,000(+23.8%)

Key Takeaway

Homes in 83127 have sold for 23.8% more than they did a year ago.

Summary: The median home sold price in 83127 was $650,000 in November 2024, up 23.8% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $385K$391.2K
+1.6%
3 $442.5K$525K
+18.6%
4 $580K$756.7K
+30.5%
5+ $889K$930K
+4.6%

Summary: 83127 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 4.6%.

Housing Supply in 83127, WY

How many homes are available in 83127, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5449-9.3%

Summary: The 83127 real estate market had 49 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 2826
-7.1%
4 1010
0.0%
5+ 109
-10.0%

Summary: The 83127 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 decreased by 40%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 November 2024, down by 14.3% 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

Nov 2023Nov 2024CHANGE
98 Days108 Days+10.9%

Summary: Homes in 83127 had an average of 108 days on market in Nov 2024, up by 10.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 83127 has remained consistent over time.

Summary: During November 2024, 6 homes were sold in 83127; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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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