Is Douglas, 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, Douglas was a Buyer's Market.
Key Takeaway
Douglas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas, WY
How much do homes in Douglas, WY cost?
Median Sold Price
$215,950
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Douglas have sold for 11.9% less than they did a month ago.
Summary: The median home sold price in Douglas was $215,950 in April 2024, down 11.9% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $214K | $172.3K | -19.5% |
| 3 Bedrooms | $245K | $236.9K | -3.3% |
| 4 Bedrooms | $186K | $90K | -51.6% |
| 5+ Bedrooms | $360K | $970K | +169.4% |
Summary: Douglas housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 51.6%, and 5+ bedroom homes increased by 169.4%.
Housing Supply in Douglas, WY
How many homes are available in Douglas, WY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The Douglas real estate market had 57 homes for sale in April 2024, a 8.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 23 | 23 | 0.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Douglas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Douglas in April 2024, up by 85.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for Douglas, WY
How long does it take to sell a home in Douglas, WY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 111 Days | 98 Days | -11.0% |
Summary: Homes in Douglas had an average of 98 days on market in Apr 2024, down by 11% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Douglas are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 13 homes were sold in Douglas; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 46% 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.