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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Natrona County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Natrona County, WY

How much do homes in Natrona County, WY cost?

Median Sold Price

$300,000

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$4,950(-1.6%)

Key Takeaway

Homes in Natrona County have sold for 1.6% less than they did a month ago.

Summary: The median home sold price in Natrona County was $300,000 in October 2024, down 1.6% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $82.5K$135K
+63.6%
2 $155K$232.5K
+50.0%
3 $260K$290K
+11.5%
4 $385K$360K
-6.5%
5+ $531.2K$486K
-8.5%

Summary: Natrona County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 63.6%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Counties

Converse County
+37.2%
Carbon County
+23.1%
Natrona County
-1.6%
Johnson County
-11.0%
Washakie County
-29.1%

Housing Supply in Natrona County, WY

How many homes are available in Natrona County, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
429408-4.9%

Summary: The Natrona County real estate market had 408 homes for sale in October 2024, a 4.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1010
0.0%
2 5548
-12.7%
3 163157
-3.7%
4 114110
-3.5%
5+ 8783
-4.6%

Summary: The Natrona County 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 12.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 4.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
90124+37.8%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Natrona County, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.

Summary: A total of 124 homes were sold or pending in Natrona County in October 2024, up by 37.8% month-over-month. Of the 111 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% were sold over asking.

Days on Market for Natrona County, WY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
64 Days60 Days-6.0%

Summary: Homes in Natrona County had an average of 60 days on market in Oct 2024, down by 6% compared to last month.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

80 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 124 homes were sold in Natrona County; 17% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 19% 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 Natrona County, WY

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