Is Casper South, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casper South is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Casper South has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Casper South, WY

How much do homes in Casper South, WY cost?

Median Sold Price

$465,000

$174/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$54,900(-10.6%)

Key Takeaway

Homes in Casper South have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in Casper South was $465,000 in February 2024, down 10.6% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 -$200K
N/A
2 --
N/A
3 $300.9K$353.9K
+17.6%
4 $492K$500K
+1.6%
5+ $605K$535K
-11.6%

Summary: Casper South housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Cities

Hells Half Acre
+80.2%
Evansville
+56.7%
Casper
-6.1%
Casper South
-10.6%
Casper North
-36.1%

Housing Supply in Casper South, WY

How many homes are available in Casper South, WY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7263-12.5%

Summary: The Casper South real estate market had 63 homes for sale in February 2024, a 12.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 2318
-21.7%
4 2116
-23.8%
5+ 2727
0.0%

Summary: The Casper South housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casper South, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Casper South in February 2024, up by 61.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% were sold over asking.

Days on Market for Casper South, WY

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

Average Sale Time

Jan 2024Feb 2024CHANGE
135 Days75 Days-44.6%

Summary: Homes in Casper South had an average of 75 days on market in Feb 2024, down by 44.6% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 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 Casper South has remained consistent over time.

Summary: During February 2024, 21 homes were sold in Casper South; 24% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 24% 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 27 Days Ago

Newest Listings in Casper South, WY

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