Is 82834, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82834 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 82834 has remained a Buyer's Market.

Key Takeaway

82834 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 82834, WY

How much do homes in 82834, WY cost?

Median Sold Price

$373,000

$135/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$198,250(-34.7%)

Key Takeaway

Homes in 82834 have sold for 34.7% less than they did a month ago.

Summary: The median home sold price in 82834 was $373,000 in April 2024, down 34.7% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $610K$47K
-92.3%
3 $556.5K$620K
+11.4%
4 $571.2K$373K
-34.7%
5+ $540K$330K
-38.9%

Summary: 82834 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 decreased by 92.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 34.7%, and 5+ bedroom homes decreased by 38.9%.

Housing Supply in 82834, WY

How many homes are available in 82834, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4751+8.5%

Summary: The 82834 real estate market had 51 homes for sale in April 2024, a 8.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 77
0.0%
3 2227
+22.7%
4 86
-25.0%
5+ 1010
0.0%

Summary: The 82834 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 increased by 22.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82834, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 82834 in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 82834, WY

How long does it take to sell a home in 82834, WY?

Average Sale Time

Mar 2024Apr 2024CHANGE
172 Days157 Days-8.9%

Summary: Homes in 82834 had an average of 157 days on market in Apr 2024, down by 8.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 82834 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 6 homes were sold in 82834; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 83% 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 16 Days Ago

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