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
$294,000
$157/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Casper was $294,000 in February 2024, down 6.1% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $200K | N/A |
2 Bedrooms | $95K | $245K | +157.9% |
3 Bedrooms | $275K | $273.5K | -0.5% |
4 Bedrooms | $307.5K | $301K | -2.1% |
5+ Bedrooms | $495K | $459.9K | -7.1% |
Summary: Casper 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 increased by 157.9%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
Evansville | $300.9K | $471.5K | +56.7% |
Casper | $313K | $294K | -6.1% |
Casper South | $519.9K | $465K | -10.6% |
Casper North | $380K | $243K | -36.1% |
Mills | $280.5K | $152K | -45.8% |
Housing Supply in Casper, WY
How many homes are available in Casper, WY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
227 | 217 | -4.4% |
Summary: The Casper real estate market had 217 homes for sale in February 2024, a 4.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 85 | 80 | -5.9% |
4 Bedrooms | 65 | 59 | -9.2% |
5+ Bedrooms | 55 | 52 | -5.5% |
Summary: The Casper housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 5.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
43 | 58 | +34.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Casper in February 2024, up by 34.9% month-over-month. Of the 52 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% 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
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
95 Days | 64 Days | -32.2% |
Summary: Homes in Casper had an average of 64 days on market in Feb 2024, down by 32.2% compared to last month.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During February 2024, 58 homes were sold in Casper; 21% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.