Is 82601, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82601 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 82601 has remained a Seller's Market.

Key Takeaway

82601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82601, WY

How much do homes in 82601, WY cost?

Median Sold Price

$256,000

$140/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$3,000(-1.2%)

Key Takeaway

Homes in 82601 have sold for 1.2% less than they did a month ago.

Summary: The median home sold price in 82601 was $256,000 in March 2024, down 1.2% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $160K-
N/A
2 $243K$124.2K
-48.9%
3 $251.5K$256K
+1.8%
4 $351.4K$309K
-12.1%
5+ $380K$404.3K
+6.4%

Summary: 82601 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Zip Codes

82604
+14.9%
82601
-1.2%
82636
-35.3%

Housing Supply in 82601, WY

How many homes are available in 82601, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
110100-9.1%

Summary: The 82601 real estate market had 100 homes for sale in March 2024, a 9.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 42
-50.0%
2 2016
-20.0%
3 4040
0.0%
4 2223
+4.5%
5+ 2419
-20.8%

Summary: The 82601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 20.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3124-22.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82601, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 82601 in March 2024, down by 22.6% month-over-month. Of the 23 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for 82601, WY

How long does it take to sell a home in 82601, WY?

Average Sale Time

Feb 2024Mar 2024CHANGE
69 Days80 Days+15.8%

Summary: Homes in 82601 had an average of 80 days on market in Mar 2024, up by 15.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 82601 has remained consistent over time.

Summary: During March 2024, 24 homes were sold in 82601; 8% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

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