$5,700 Closing Credit*
$480,000
4,876 SqFt
6 Beds
•3 Baths
Listing Office: Windmill Realty
Is Torrington, 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, Torrington was a Seller's Market.
Key Takeaway
Torrington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Torrington, WY
How much do homes in Torrington, WY cost?
Median Sold Price
$203,500
$115/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$74,000(-26.7%)
Key Takeaway
Homes in Torrington have sold for 26.7% less than they did a month ago.
Summary: The median home sold price in Torrington was $203,500 in November 2024, down 26.7% from last month, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $147K | -24.6% |
| 3 Bedrooms | $275K | $203.5K | -26.0% |
| 4 Bedrooms | $299K | - | N/A |
| 5+ Bedrooms | - | $410K | N/A |
Summary: Torrington 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 24.6%, 3 bedroom homes decreased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Torrington, WY
How many homes are available in Torrington, WY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 43 | -25.9% |
Summary: The Torrington real estate market had 43 homes for sale in November 2024, a 25.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 16 | 9 | -43.8% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Torrington 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 40%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Torrington, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Torrington in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Torrington, WY
How long does it take to sell a home in Torrington, WY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 Days | 79 Days | -45.5% |
Summary: Homes in Torrington had an average of 79 days on market in Nov 2024, down by 45.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Torrington are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Torrington; 25% of homes were sold within 30 days, 25% 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.