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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Johnson County, WY

How much do homes in Johnson County, WY cost?

Median Sold Price

$339,500

$237/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$42,000(-11.0%)

Key Takeaway

Homes in Johnson County have sold for 11% less than they did a month ago.

Summary: The median home sold price in Johnson County was $339,500 in October 2024, down 11% from last month, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $745K$294.3K
-60.5%
2 $242.5K$439.9K
+81.4%
3 $136.5K$293K
+114.7%
4 $425K-
N/A
5+ $552.5K-
N/A

Summary: Johnson County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 60.5%, 2 bedroom homes increased by 81.4%, 3 bedroom homes increased by 114.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Sheridan County
+18.9%
Johnson County
-11.0%
Big Horn County
-25.3%
Washakie County
-29.1%

Housing Supply in Johnson County, WY

How many homes are available in Johnson County, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5955-6.8%

Summary: The Johnson County real estate market had 55 homes for sale in October 2024, a 6.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 129
-25.0%
3 2630
+15.4%
4 77
0.0%
5+ 117
-36.4%

Summary: The Johnson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 11 homes were sold or pending in Johnson County in October 2024, down by 8.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Johnson County, WY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
90 Days74 Days-17.8%

Summary: Homes in Johnson County had an average of 74 days on market in Oct 2024, down by 17.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Johnson County; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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 Johnson County, WY

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