Is 82501, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82501 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 82501 has remained a Seller's Market.

Key Takeaway

82501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82501, WY

How much do homes in 82501, WY cost?

Median Sold Price

$250,000

$150/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$22,500(-8.3%)

Key Takeaway

Homes in 82501 have sold for 8.3% less than they did a month ago.

Summary: The median home sold price in 82501 was $250,000 in April 2024, down 8.3% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $118.2K$182K
+53.9%
3 $275K$225K
-18.2%
4 $290K$285K
-1.7%
5+ $250K$285K
+14.0%

Summary: 82501 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 increased by 53.9%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Zip Codes

82520
-8.0%
82501
-8.3%

Housing Supply in 82501, WY

How many homes are available in 82501, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
82820.0%

Summary: The 82501 real estate market had 82 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 86
-25.0%
3 3235
+9.4%
4 2623
-11.5%
5+ 1616
0.0%

Summary: The 82501 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82501, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 82501 in April 2024, up by 16.7% month-over-month. Of the 21 sold homes, 71% were sold under asking, 24% were sold at asking, and 5% were sold over asking.

Days on Market for 82501, WY

How long does it take to sell a home in 82501, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
100 Days98 Days-2.7%

Summary: Homes in 82501 had an average of 98 days on market in Apr 2024, down by 2.7% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 82501 has remained consistent over time.

Summary: During April 2024, 21 homes were sold in 82501; 24% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in 82501, WY

Nearby Markets to 82501, WY