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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rawlins is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rawlins has remained a Buyer's Market.

Key Takeaway

Rawlins is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rawlins, WY

How much do homes in Rawlins, WY cost?

Median Sold Price

$153,916

$89/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$74,916(+94.8%)

Key Takeaway

Homes in Rawlins have sold for 94.8% more than they did a month ago.

Summary: The median home sold price in Rawlins was $153,916 in October 2024, up 94.8% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $49K$105K
+114.3%
3 $159.5K$142.8K
-10.5%
4 -$261.2K
N/A
5+ --
N/A

Summary: Rawlins 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 increased by 114.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rawlins, WY

How many homes are available in Rawlins, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5665+16.1%

Summary: The Rawlins real estate market had 65 homes for sale in October 2024, a 16.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 97
-22.2%
3 2731
+14.8%
4 1218
+50.0%
5+ 57
+40.0%

Summary: The Rawlins 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 22.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

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 Rawlins, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Rawlins in October 2024, up by 125.0% 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 Rawlins, WY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
40 Days64 Days+60.0%

Summary: Homes in Rawlins had an average of 64 days on market in Oct 2024, up by 60% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rawlins has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Rawlins; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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