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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Douglas, WY

How much do homes in Douglas, WY cost?

Median Sold Price

$170,000

$92/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$195,000(-53.4%)

Key Takeaway

Homes in Douglas have sold for 53.4% less than they did a month ago.

Summary: The median home sold price in Douglas was $170,000 in November 2024, down 53.4% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $155K$170K
+9.7%
3 $379.7K$159.9K
-57.9%
4 $283.7K$325K
+14.5%
5+ $712.5K-
N/A

Summary: Douglas 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 57.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.

Housing Supply in Douglas, WY

How many homes are available in Douglas, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4435-20.5%

Summary: The Douglas real estate market had 35 homes for sale in November 2024, a 20.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 810
+25.0%
3 1911
-42.1%
4 109
-10.0%
5+ 64
-33.3%

Summary: The Douglas 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 25%, 3 bedroom homes decreased by 42.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Douglas in November 2024, down by 11.1% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Douglas, WY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
73 Days90 Days+22.7%

Summary: Homes in Douglas had an average of 90 days on market in Nov 2024, up by 22.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

6 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 Douglas has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Douglas; 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 21 Days Ago

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