Is Casper, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Casper has remained a Seller's Market.
Housing Prices in Casper, WY
How much do homes in Casper, WY cost?
Median Sold Price
$280,000
$152/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Casper was $280,000 in March 2024, down 0.5% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | - | N/A |
2 Bedrooms | $215K | $173.5K | -19.3% |
3 Bedrooms | $268K | $250K | -6.7% |
4 Bedrooms | $301K | $308.5K | +2.5% |
5+ Bedrooms | $420K | $467.2K | +11.3% |
Summary: Casper 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 decreased by 19.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
Mills | $152K | $288.4K | +89.8% |
Casper North | $264K | $402K | +52.3% |
Casper | $281.5K | $280K | -0.5% |
Casper South | $442.5K | $378K | -14.6% |
Evansville | $471.5K | $305K | -35.3% |
Housing Supply in Casper, WY
How many homes are available in Casper, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
238 | 237 | -0.4% |
Summary: The Casper real estate market had 237 homes for sale in March 2024, a 0.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 94 | 89 | -5.3% |
4 Bedrooms | 61 | 68 | +11.5% |
5+ Bedrooms | 54 | 50 | -7.4% |
Summary: The Casper housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 68 | +19.3% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Casper in March 2024, up by 19.3% month-over-month. Of the 63 sold homes, 52% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for Casper, WY
How long does it take to sell a home in Casper, WY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 76 Days | +12.8% |
Summary: Homes in Casper had an average of 76 days on market in Mar 2024, up by 12.8% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 68 homes were sold in Casper; 15% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.