Is 82520, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82520 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 82520 was a Buyer's Market.

Key Takeaway

82520 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 82520, WY

How much do homes in 82520, WY cost?

Median Sold Price

$310,000

$180/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$27,000(-8.0%)

Key Takeaway

Homes in 82520 have sold for 8% less than they did a month ago.

Summary: The median home sold price in 82520 was $310,000 in April 2024, down 8% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 $336K$312K
-7.1%
4 $620K-
N/A
5+ -$513K
N/A

Summary: 82520 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 did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

82520
-8.0%
82501
-8.3%

Housing Supply in 82520, WY

How many homes are available in 82520, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6063+5.0%

Summary: The 82520 real estate market had 63 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1413
-7.1%
3 2527
+8.0%
4 1112
+9.1%
5+ 89
+12.5%

Summary: The 82520 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 7.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

8 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 82520, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 82520 in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.

Days on Market for 82520, WY

How long does it take to sell a home in 82520, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
133 Days110 Days-17.2%

Summary: Homes in 82520 had an average of 110 days on market in Apr 2024, down by 17.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 82520 has remained consistent over time.

Summary: During April 2024, 9 homes were sold in 82520; 0% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 44% 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 5 Days Ago

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