Is Converse County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Converse County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Converse County, WY

How much do homes in Converse County, WY cost?

Median Sold Price

$322,450

$145/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$87,450(+37.2%)

Key Takeaway

Homes in Converse County have sold for 37.2% more than they did a month ago.

Summary: The median home sold price in Converse County was $322,450 in October 2024, up 37.2% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $180K-
N/A
3 $222K$379.7K
+71.1%
4 $262.2K$265K
+1.0%
5+ $280K$650K
+132.1%

Summary: Converse County 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 did not change, 3 bedroom homes increased by 71.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 132.1%.

Median Sold Price Compared To Nearby Counties

Converse County
+37.2%
Platte County
-0.8%
Natrona County
-1.6%

Housing Supply in Converse County, WY

How many homes are available in Converse County, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6367+6.3%

Summary: The Converse County real estate market had 67 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 810
+25.0%
3 3029
-3.3%
4 1817
-5.6%
5+ 710
+42.9%

Summary: The Converse County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1812-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Converse County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Converse County in October 2024, down by 33.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Converse County, WY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
107 Days69 Days-35.4%

Summary: Homes in Converse County had an average of 69 days on market in Oct 2024, down by 35.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Converse County has remained consistent over time.

Summary: During October 2024, 12 homes were sold in Converse County; 8% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in Converse County, WY

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