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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Encampment is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Encampment was a Buyer's Market.

Key Takeaway

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

Housing Prices in Encampment, WY

How much do homes in Encampment, WY cost?

Median Sold Price

$432,500

$246/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$467,500(-51.9%)

Key Takeaway

Homes in Encampment have sold for 51.9% less than they did a month ago.

Summary: The median home sold price in Encampment was $432,500 in November 2024, down 51.9% from last month, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $900K$675K
-25.0%
4 -$190K
N/A
5+ --
N/A

Summary: Encampment 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 did not change, 3 bedroom homes decreased by 25%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Encampment, WY

How many homes are available in Encampment, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Encampment real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Encampment 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Encampment, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Encampment in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Encampment, WY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
367 Days116 Days-68.4%

Summary: Homes in Encampment had an average of 116 days on market in Nov 2024, down by 68.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Encampment are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Encampment; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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