Is 82201, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82201 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 82201 was a Neutral Market.

Key Takeaway

82201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82201, WY

How much do homes in 82201, WY cost?

Median Sold Price

$208,500

$95/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$90,500(-30.3%)

Key Takeaway

Homes in 82201 have sold for 30.3% less than they did a month ago.

Summary: The median home sold price in 82201 was $208,500 in April 2024, down 30.3% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $325K$76.5K
-76.5%
3 $265K$217K
-18.1%
4 $336.5K$188.5K
-44.0%
5+ --
N/A

Summary: 82201 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 76.5%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes decreased by 44%, and 5+ bedroom homes did not change.

Housing Supply in 82201, WY

How many homes are available in 82201, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2634+30.8%

Summary: The 82201 real estate market had 34 homes for sale in April 2024, a 30.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1115
+36.4%
4 58
+60.0%
5+ 34
+33.3%

Summary: The 82201 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 remained the same, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82201, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 82201 in April 2024, up by 125.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for 82201, WY

How long does it take to sell a home in 82201, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
70 Days114 Days+62.4%

Summary: Homes in 82201 had an average of 114 days on market in Apr 2024, up by 62.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82201 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 9 homes were sold in 82201; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% 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 8 Days Ago

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