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 buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hot Springs County, WY

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

Median Sold Price

$145,450

$103/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$91,800(-38.7%)

Key Takeaway

Homes in Hot Springs County have sold for 38.7% less than they did a month ago.

Summary: The median home sold price in Hot Springs County was $145,450 in March 2024, down 38.7% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$145.4K
N/A
4 $279.5K-
N/A
5+ $195K-
N/A

Summary: Hot Springs 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Fremont County
+112.2%
Hot Springs County
-38.7%
Washakie County
-67.4%

Housing Supply in Hot Springs County, WY

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1921+10.5%

Summary: The Hot Springs County real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 66
0.0%
4 66
0.0%
5+ 43
-25.0%

Summary: The Hot Springs County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hot Springs County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Hot Springs County in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Hot Springs County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
235 Days63 Days-73.0%

Summary: Homes in Hot Springs County had an average of 63 days on market in Mar 2024, down by 73% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

Summary: During March 2024, 2 homes were sold in Hot Springs County; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 Hot Springs County, WY

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What housing markets are near Hot Springs County, WY?