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

$240,000

$118/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$48,700(-16.9%)

Key Takeaway

Homes in Converse County have sold for 16.9% less than they did a month ago.

Summary: The median home sold price in Converse County was $240,000 in November 2024, down 16.9% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $155K$170K
+9.7%
3 $379.7K$255K
-32.9%
4 $267.5K$325K
+21.5%
5+ $650K$530K
-18.5%

Summary: Converse County 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 increased by 9.7%, 3 bedroom homes decreased by 32.9%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Counties

Natrona County
+6.7%
Platte County
-3.7%
Converse County
-16.9%

Housing Supply in Converse County, WY

How many homes are available in Converse County, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6659-10.6%

Summary: The Converse County real estate market had 59 homes for sale in November 2024, a 10.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1113
+18.2%
3 2821
-25.0%
4 1617
+6.3%
5+ 107
-30.0%

Summary: The Converse County 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 increased by 18.2%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were 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 November 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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

Oct 2024Nov 2024CHANGE
74 Days76 Days+2.6%

Summary: Homes in Converse County had an average of 76 days on market in Nov 2024, up by 2.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

9 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 Converse County has remained consistent over time.

Summary: During November 2024, 12 homes were sold in Converse County; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Converse County, WY

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