Is 83127, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83127 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 83127 has remained a Buyer's Market.

Key Takeaway

83127 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 83127, WY

How much do homes in 83127, WY cost?

Median Sold Price

$550,000

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$34,500(-5.9%)

Key Takeaway

Homes in 83127 have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in 83127 was $550,000 in April 2024, down 5.9% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $385K$150K
-61.0%
2 $531K$372K
-29.9%
3 $589K$490K
-16.8%
4 $565K$575K
+1.8%
5+ $825K$889K
+7.8%

Summary: 83127 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61%, 2 bedroom homes decreased by 29.9%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 7.8%.

Housing Supply in 83127, WY

How many homes are available in 83127, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2441+70.8%

Summary: The 83127 real estate market had 41 homes for sale in April 2024, a 70.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1116
+45.5%
4 713
+85.7%
5+ 612
+100.0%

Summary: The 83127 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 45.5%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 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 83127, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 83127 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 83127, WY

How long does it take to sell a home in 83127, WY?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days60 Days0.0%

Summary: Homes in 83127 had an average of 60 days on market in Apr 2024, the same as last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 83127 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 83127; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 83127, WY

Nearby Markets to 83127, WY