Is 83110, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83110 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 83110 was a Neutral Market.

Key Takeaway

83110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 83110, WY

How much do homes in 83110, WY cost?

Median Sold Price

$374,300

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$44,700(-10.7%)

Key Takeaway

Homes in 83110 have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in 83110 was $374,300 in April 2024, down 10.7% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $275K-
N/A
2 $307.5K$382.5K
+24.4%
3 $405K$350K
-13.6%
4 $585K$350K
-40.2%
5+ $622.5K$575K
-7.6%

Summary: 83110 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 increased by 24.4%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 40.2%, and 5+ bedroom homes decreased by 7.6%.

Housing Supply in 83110, WY

How many homes are available in 83110, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2127+28.6%

Summary: The 83110 real estate market had 27 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 812
+50.0%
4 56
+20.0%
5+ 56
+20.0%

Summary: The 83110 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 83110, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 83110 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 83110, WY

How long does it take to sell a home in 83110, WY?

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days149 Days+123.4%

Summary: Homes in 83110 had an average of 149 days on market in Apr 2024, up by 123.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 83110 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in 83110; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 1 Day Ago

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