Is Mills, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mills is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mills has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mills, WY

How much do homes in Mills, WY cost?

Median Sold Price

$288,497

$173/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$136,497(+89.8%)

Key Takeaway

Homes in Mills have sold for 89.8% more than they did a month ago.

Summary: The median home sold price in Mills was $288,497 in March 2024, up 89.8% from last month, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $120K$135K
+12.5%
2 $257.5K-
N/A
3 $152K$339.9K
+123.7%
4 $258K$311K
+20.5%
5+ --
N/A

Summary: Mills housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 123.7%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mills
+89.8%
Casper
-0.5%

Housing Supply in Mills, WY

How many homes are available in Mills, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3733-10.8%

Summary: The Mills real estate market had 33 homes for sale in March 2024, a 10.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 31
-66.7%
2 74
-42.9%
3 1919
0.0%
4 78
+14.3%
5+ 11
0.0%

Summary: The Mills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mills, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Mills in March 2024, up by 28.6% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for Mills, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
57 Days76 Days+33.5%

Summary: Homes in Mills had an average of 76 days on market in Mar 2024, up by 33.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mills has remained consistent over time.

Summary: During March 2024, 9 homes were sold in Mills; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% 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 22 Days Ago

Newest Listings in Mills, WY

Nearby Markets to Mills, WY

What housing markets are near Mills, WY?