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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Natrona County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Natrona County, WY

How much do homes in Natrona County, WY cost?

Median Sold Price

$298,750

$151/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$24,500(+8.9%)

Key Takeaway

Homes in Natrona County have sold for 8.9% more than they did a month ago.

Summary: The median home sold price in Natrona County was $298,750 in March 2024, up 8.9% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $120K$135K
+12.5%
2 $244K$175K
-28.3%
3 $256K$255.5K
-0.2%
4 $302K$309K
+2.3%
5+ $459.9K$453K
-1.5%

Summary: Natrona County 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 decreased by 28.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Counties

Johnson County
+52.3%
Carbon County
+33.5%
Converse County
+20.3%
Natrona County
+8.9%
Washakie County
-67.4%

Housing Supply in Natrona County, WY

How many homes are available in Natrona County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
313300-4.2%

Summary: The Natrona County real estate market had 300 homes for sale in March 2024, a 4.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 94
-55.6%
2 3736
-2.7%
3 128123
-3.9%
4 7883
+6.4%
5+ 6154
-11.5%

Summary: The Natrona County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 55.6%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 11.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7488+18.9%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Natrona County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 88 homes were sold or pending in Natrona County in March 2024, up by 18.9% month-over-month. Of the 78 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for Natrona County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
64 Days77 Days+18.8%

Summary: Homes in Natrona County had an average of 77 days on market in Mar 2024, up by 18.8% compared to last month.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 88 homes were sold in Natrona County; 15% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 27% 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 23 Days Ago

Newest Listings in Natrona County, WY

Nearby Markets to Natrona County, WY

What housing markets are near Natrona County, WY?