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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Converse County was a Seller's Market.

Key Takeaway

Converse County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Converse County, WY

How much do homes in Converse County, WY cost?

Median Sold Price

$255,000

$122/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$43,000(+20.3%)

Key Takeaway

Homes in Converse County have sold for 20.3% more than they did a month ago.

Summary: The median home sold price in Converse County was $255,000 in March 2024, up 20.3% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $75K$214K
+185.3%
3 $210K$245K
+16.7%
4 $277.5K$225.5K
-18.7%
5+ $440K$360K
-18.2%

Summary: Converse 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 185.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes decreased by 18.2%.

Median Sold Price Compared To Nearby Counties

Platte County
+88.4%
Converse County
+20.3%
Natrona County
+8.9%

Housing Supply in Converse County, WY

How many homes are available in Converse County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7073+4.3%

Summary: The Converse County real estate market had 73 homes for sale in March 2024, a 4.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1312
-7.7%
3 2526
+4.0%
4 1720
+17.6%
5+ 1514
-6.7%

Summary: The Converse County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 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. 50% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Converse County in March 2024, down by 35.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Converse County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
96 Days106 Days+9.8%

Summary: Homes in Converse County had an average of 106 days on market in Mar 2024, up by 9.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Converse County; 0% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 56% 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 24 Days Ago

Newest Listings in Converse County, WY

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