Is 82609, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82609 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 82609 was a Buyer's Market.

Key Takeaway

82609 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82609, WY

How much do homes in 82609, WY cost?

Median Sold Price

$324,100

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$93,400(-22.4%)

Key Takeaway

Homes in 82609 have sold for 22.4% less than they did a year ago.

Summary: The median home sold price in 82609 was $324,100 in April 2024, down 22.4% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$137.6K
N/A
2 $285K$189.2K
-33.6%
3 $227.5K$260K
+14.3%
4 $425K$340K
-20.0%
5+ $739.7K$495K
-33.1%

Summary: 82609 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.1%.

Housing Supply in 82609, WY

How many homes are available in 82609, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7379+8.2%

Summary: The 82609 real estate market had 79 homes for sale in April 2024, a 8.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 44
0.0%
3 2323
0.0%
4 2327
+17.4%
5+ 2223
+4.5%

Summary: The 82609 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2226+18.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82609, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.

Summary: A total of 26 homes were sold or pending in 82609 in April 2024, up by 18.2% month-over-month. Of the 24 sold homes, 29% were sold under asking, 58% were sold at asking, and 13% were sold over asking.

Days on Market for 82609, WY

How long does it take to sell a home in 82609, WY?

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days54 Days+1.4%

Summary: Homes in 82609 had an average of 54 days on market in Apr 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 82609 has remained consistent over time.

Summary: During April 2024, 26 homes were sold in 82609; 31% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 19% 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 4 Days Ago

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