$5,047 Closing Credit*
$425,000
1,871 SqFt
3 Beds
•2 Baths
Listing Office: Properties West, Inc.
Is Thermopolis, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Thermopolis was a Neutral Market.
Key Takeaway
Thermopolis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thermopolis, WY
How much do homes in Thermopolis, WY cost?
Median Sold Price
$213,000
$134/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$81,000(-27.6%)
Key Takeaway
Homes in Thermopolis have sold for 27.6% less than they did a month ago.
Summary: The median home sold price in Thermopolis was $213,000 in October 2024, down 27.6% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $290K | $214K | -26.2% |
| 4 Bedrooms | $298K | $220K | -26.2% |
| 5+ Bedrooms | - | $197.5K | N/A |
Summary: Thermopolis 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 decreased by 26.2%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Thermopolis | $294K | $213K | -27.6% |
| Thermopolis West | $294K | $213K | -27.6% |
Housing Supply in Thermopolis, WY
How many homes are available in Thermopolis, WY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Thermopolis real estate market had 21 homes for sale in October 2024, a 16.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Thermopolis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thermopolis, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Thermopolis in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Thermopolis, WY
How long does it take to sell a home in Thermopolis, WY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 Days | 118 Days | -0.6% |
Summary: Homes in Thermopolis had an average of 118 days on market in Oct 2024, down by 0.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Thermopolis has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Thermopolis; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.