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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worland is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Worland was a Seller's Market.

Key Takeaway

Worland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Worland, WY

How much do homes in Worland, WY cost?

Median Sold Price

$190,000

$110/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$95,749(-33.5%)

Key Takeaway

Homes in Worland have sold for 33.5% less than they did a month ago.

Summary: The median home sold price in Worland was $190,000 in October 2024, down 33.5% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$145.5K
N/A
3 $344K$255K
-25.9%
4 $285.7K-
N/A
5+ -$215K
N/A

Summary: Worland 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 25.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Worland, WY

How many homes are available in Worland, WY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3133+6.5%

Summary: The Worland real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 79
+28.6%
4 119
-18.2%
5+ 45
+25.0%

Summary: The Worland 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 increased by 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worland, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Worland in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Worland, WY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
93 Days52 Days-44.2%

Summary: Homes in Worland had an average of 52 days on market in Oct 2024, down by 44.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Worland; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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

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