Is Lander, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lander has remained a Buyer's Market.
Housing Prices in Lander, WY
How much do homes in Lander, WY cost?
Median Sold Price
$337,000
$214/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Lander was $337,000 in March 2024, down 5.1% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $268.5K | - | N/A |
3 Bedrooms | $355K | $336K | -5.4% |
4 Bedrooms | $1.0M | $620K | -42.1% |
5+ Bedrooms | - | - | N/A |
Summary: Lander 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 decreased by 5.4%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes did not change.
Housing Supply in Lander, WY
How many homes are available in Lander, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 56 | +19.1% |
Summary: The Lander real estate market had 56 homes for sale in March 2024, a 19.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 18 | 22 | +22.2% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Lander 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 30%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lander in March 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lander, WY
How long does it take to sell a home in Lander, WY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
152 Days | 133 Days | -12.3% |
Summary: Homes in Lander had an average of 133 days on market in Mar 2024, down by 12.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Lander; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.