Is 82240, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82240 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 82240 was a Neutral Market.

Key Takeaway

82240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82240, WY

How much do homes in 82240, WY cost?

Median Sold Price

$182,500

$109/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$137,500(-43.0%)

Key Takeaway

Homes in 82240 have sold for 43% less than they did a month ago.

Summary: The median home sold price in 82240 was $182,500 in April 2024, down 43% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $281.1K$160K
-43.1%
3 $368.5K$212.5K
-42.3%
4 $322.5K-
N/A
5+ $249K$350K
+40.6%

Summary: 82240 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 43.1%, 3 bedroom homes decreased by 42.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 40.6%.

Housing Supply in 82240, WY

How many homes are available in 82240, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4454+22.7%

Summary: The 82240 real estate market had 54 homes for sale in April 2024, a 22.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 1623
+43.8%
4 1212
0.0%
5+ 67
+16.7%

Summary: The 82240 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 increased by 20%, 3 bedroom homes increased by 43.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82240, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 82240 in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 82240, WY

How long does it take to sell a home in 82240, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
114 Days118 Days+3.6%

Summary: Homes in 82240 had an average of 118 days on market in Apr 2024, up by 3.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82240 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 10 homes were sold in 82240; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 11 Days Ago

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