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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Converse County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Converse County was a Neutral Market.

Key Takeaway

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

How much do homes in Converse County, WY cost?

Median Sold Price

$222,000

$142/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$76,900(-25.7%)

Key Takeaway

Homes in Converse County have sold for 25.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 -$129K
N/A
2 $100K$198.5K
+98.5%
3 $123.5K$259.5K
+110.1%
4 $339.4K$380K
+11.9%
5+ $346K-
N/A

Median Sold Price Compared To Nearby Counties

Platte County
+51.2%
Natrona County
+4.9%
Converse County
-25.7%

How many homes are available in Converse County, WY?

Number of Homes For Sale

Sep 2022Oct 2022%
7962-21.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 118
-27.3%
3 3024
-20.0%
4 2319
-17.4%
5+ 1410
-28.6%

Number of Homes Sold

Sep 2022Oct 2022%
1311-15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Converse County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
72 Days83 Days+14.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Converse County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Converse County, WY

Converse County, WY has 62 homes for sale to choose from. Between September 2022 and October 2022, Converse County, WY real estate market has seen decrease in the number of listings by 21.5%. While the average time on the market in October 2022 was 83 days, the median list price was $222,000. Real estate listing prices changed between October 2021 and October 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 98.5%, prices of 3 bedrooms properties went up by 110.1%, 4 bedrooms properties became 11.9% more expensive, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 27.3%, 3 bedrooms homes became 20% less available, the quantity of 4 bedrooms homes went down by 17.4%, volume of 5 bedrooms homes went down by 28.6%. In October 2022 more than 2 listings in Converse County, WY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below.

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