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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hot Springs County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hot Springs County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Hot Springs County, WY cost?

Median Sold Price

$245,000

$133/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$30,000(+14.0%)

Key Takeaway

Homes in Hot Springs County have sold for 14% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 $190K$245K
+28.9%
3 $90K$216K
+140.0%
4 $282.5K-
N/A
5+ $352.5K-
N/A

Median Sold Price Compared To Nearby Counties

Hot Springs County
+14.0%
Washakie County
+12.8%
Fremont County
+11.1%

How many homes are available in Hot Springs County, WY?

Number of Homes For Sale

Sep 2022Oct 2022%
2315-34.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 65
-16.7%
3 86
-25.0%
4 63
-50.0%
5+ 31
-66.7%

Number of Homes Sold

Sep 2022Oct 2022%
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hot Springs County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
137 Days81 Days-40.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Hot Springs County, WY

Homes for sale in Hot Springs County, WY have reached 15. Between September 2022 and October 2022, Hot Springs County, WY real estate market has seen decrease in the number of listings by 34.8%. In October 2022, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $245,000. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 28.9%, prices of 3 bedrooms properties increased by 140%, prices of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 16.7%, the quantity of 3 bedrooms homes went down by 25%, the quantity of 4 bedrooms homes went down by 50%, 5 bedrooms homes inventory decreased by 66.7%. In October 2022, from all listings sold in Hot Springs County, WY there were more than 0 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

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