Is Carbon County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbon County is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Carbon County has remained a Neutral Market.

Key Takeaway

Carbon County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Carbon County, WY

How much do homes in Carbon County, WY cost?

Median Sold Price

$221,000

$142/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$55,500(+33.5%)

Key Takeaway

Homes in Carbon County have sold for 33.5% more than they did a month ago.

Summary: The median home sold price in Carbon County was $221,000 in March 2024, up 33.5% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $75.1K$180.5K
+140.4%
3 $180K$265K
+47.2%
4 $187.1K$298K
+59.3%
5+ $250K-
N/A

Summary: Carbon County 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 increased by 140.4%, 3 bedroom homes increased by 47.2%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Carbon County
+33.5%
Natrona County
+8.9%

Housing Supply in Carbon County, WY

How many homes are available in Carbon County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
10089-11.0%

Summary: The Carbon County real estate market had 89 homes for sale in March 2024, a 11.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2219
-13.6%
3 3732
-13.5%
4 2927
-6.9%
5+ 1211
-8.3%

Summary: The Carbon County 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 decreased by 13.6%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carbon County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Carbon County in March 2024, down by 6.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for Carbon County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
125 Days136 Days+9.0%

Summary: Homes in Carbon County had an average of 136 days on market in Mar 2024, up by 9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Carbon County; 7% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 64% 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 22 Days Ago

Newest Listings in Carbon County, WY

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