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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson County is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Johnson County, WY

How much do homes in Johnson County, WY cost?

Median Sold Price

$571,250

$241/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$196,250(+52.3%)

Key Takeaway

Homes in Johnson County have sold for 52.3% more than they did a month ago.

Summary: The median home sold price in Johnson County was $571,250 in March 2024, up 52.3% from last month, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $204K$610K
+199.0%
3 $375K$556.5K
+48.4%
4 $445K$571.2K
+28.4%
5+ -$540K
N/A

Summary: Johnson 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 199%, 3 bedroom homes increased by 48.4%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Johnson County
+52.3%
Sheridan County
-26.1%
Washakie County
-67.4%

Housing Supply in Johnson County, WY

How many homes are available in Johnson County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4148+17.1%

Summary: The Johnson County real estate market had 48 homes for sale in March 2024, a 17.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 2022
+10.0%
4 78
+14.3%
5+ 910
+11.1%

Summary: The Johnson 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 60%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Johnson County in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Johnson County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
61 Days172 Days+179.5%

Summary: Homes in Johnson County had an average of 172 days on market in Mar 2024, up by 179.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Johnson County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Johnson County, WY

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What housing markets are near Johnson County, WY?