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

$225,250

$142/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$119,747(-34.7%)

Key Takeaway

Homes in Mills have sold for 34.7% less than they did a month ago.

Summary: The median home sold price in Mills was $225,250 in April 2024, down 34.7% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $135K$115K
-14.8%
2 -$205.5K
N/A
3 $344.9K$310.7K
-9.9%
4 $365K$311K
-14.8%
5+ --
N/A

Summary: Mills housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 14.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Casper
+3.1%
Mills
-34.7%

Housing Supply in Mills, WY

How many homes are available in Mills, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3937-5.1%

Summary: The Mills real estate market had 37 homes for sale in April 2024, a 5.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 56
+20.0%
3 2121
0.0%
4 108
-20.0%
5+ 11
0.0%

Summary: The Mills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mills, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Mills in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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

Mar 2024Apr 2024CHANGE
92 Days109 Days+17.5%

Summary: Homes in Mills had an average of 109 days on market in Apr 2024, up by 17.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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 April 2024, 8 homes were sold in Mills; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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?