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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sweetwater County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sweetwater County, WY

How much do homes in Sweetwater County, WY cost?

Median Sold Price

$235,000

$133/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$44,000(-15.8%)

Key Takeaway

Homes in Sweetwater County have sold for 15.8% less than they did a month ago.

Summary: The median home sold price in Sweetwater County was $235,000 in November 2024, down 15.8% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $180K$159K
-11.7%
3 $250K$210K
-16.0%
4 $320K$264.5K
-17.3%
5+ $418.5K$335K
-20.0%

Summary: Sweetwater County 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 decreased by 11.7%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Counties

Uinta County
+29.6%
Sweetwater County
-15.8%

Housing Supply in Sweetwater County, WY

How many homes are available in Sweetwater County, WY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138118-14.5%

Summary: The Sweetwater County real estate market had 118 homes for sale in November 2024, a 14.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1814
-22.2%
3 5246
-11.5%
4 3934
-12.8%
5+ 2722
-18.5%

Summary: The Sweetwater County 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 decreased by 22.2%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 18.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3833-13.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sweetwater County, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Sweetwater County in November 2024, down by 13.2% month-over-month. Of the 29 sold homes, 48% were sold under asking, 41% were sold at asking, and 10% were sold over asking.

Days on Market for Sweetwater County, WY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
75 Days67 Days-10.8%

Summary: Homes in Sweetwater County had an average of 67 days on market in Nov 2024, down by 10.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 33 homes were sold in Sweetwater County; 12% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 27% 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 Sweetwater County, WY

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