$4,655 Closing Credit*
$392,000
2,436 SqFt
4 Beds
•2 Baths
Listing Office: One West Real Estate
Is Laramie, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Laramie has remained a Seller's Market.
Key Takeaway
Laramie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laramie, WY
How much do homes in Laramie, WY cost?
Median Sold Price
$530,000
$189/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$212,000(+66.7%)
Key Takeaway
Homes in Laramie have sold for 66.7% more than they did a month ago.
Summary: The median home sold price in Laramie was $530,000 in October 2024, up 66.7% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $447.5K | - | N/A |
| 3 Bedrooms | $245K | $555K | +126.5% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | - | $410.5K | N/A |
Summary: Laramie 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 126.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Laramie, WY
How many homes are available in Laramie, WY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Summary: The Laramie real estate market had 9 homes for sale in October 2024, a 35.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laramie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laramie, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Laramie in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Laramie, WY
How long does it take to sell a home in Laramie, WY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 70 Days | -35.8% |
Summary: Homes in Laramie had an average of 70 days on market in Oct 2024, down by 35.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Laramie has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Laramie; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Wyoming MLS. All Rights Reserved.