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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worland is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Worland was a Neutral Market.

Key Takeaway

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

Housing Prices in Worland, WY

How much do homes in Worland, WY cost?

Median Sold Price

$265,000

$171/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$75,000(+39.5%)

Key Takeaway

Homes in Worland have sold for 39.5% more than they did a month ago.

Summary: The median home sold price in Worland was $265,000 in November 2024, up 39.5% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $145.5K-
N/A
3 $255K$265K
+3.9%
4 --
N/A
5+ $215K-
N/A

Summary: Worland 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 did not change, 3 bedroom homes increased by 3.9%, 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

Oct 2024Nov 2024CHANGE
3233+3.1%

Summary: The Worland real estate market had 33 homes for sale in November 2024, a 3.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 88
0.0%
4 910
+11.1%
5+ 55
0.0%

Summary: The Worland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Worland in November 2024, down by 60.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
52 Days93 Days+77.5%

Summary: Homes in Worland had an average of 93 days on market in Nov 2024, up by 77.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Worland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Worland; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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