Is 82604, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82604 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 82604 was a Neutral Market.

Key Takeaway

82604 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82604, WY

How much do homes in 82604, WY cost?

Median Sold Price

$296,500

$168/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$38,500(+14.9%)

Key Takeaway

Homes in 82604 have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in 82604 was $296,500 in March 2024, up 14.9% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$135K
N/A
2 $187.5K$180K
-4.0%
3 $241.7K$274K
+13.3%
4 $300K$295K
-1.7%
5+ $405.9K$467.5K
+15.2%

Summary: 82604 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 4%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

82604
+14.9%
82609
+8.0%
82601
-1.2%

Housing Supply in 82604, WY

How many homes are available in 82604, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
112114+1.8%

Summary: The 82604 real estate market had 114 homes for sale in March 2024, a 1.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 912
+33.3%
3 5453
-1.9%
4 3536
+2.9%
5+ 1312
-7.7%

Summary: The 82604 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1837+105.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82604, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 82604 in March 2024, up by 105.6% month-over-month. Of the 32 sold homes, 41% were sold under asking, 38% were sold at asking, and 22% were sold over asking.

Days on Market for 82604, WY

How long does it take to sell a home in 82604, WY?

Average Sale Time

Feb 2024Mar 2024CHANGE
52 Days68 Days+30.0%

Summary: Homes in 82604 had an average of 68 days on market in Mar 2024, up by 30% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 82604 has remained consistent over time.

Summary: During March 2024, 37 homes were sold in 82604; 16% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 22% 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 30 Days Ago

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