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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Platte County is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Platte County, WY

How much do homes in Platte County, WY cost?

Median Sold Price

$299,000

$152/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$140,262(+88.4%)

Key Takeaway

Homes in Platte County have sold for 88.4% more than they did a month ago.

Summary: The median home sold price in Platte County was $299,000 in March 2024, up 88.4% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $70K-
N/A
2 -$325K
N/A
3 $174.3K-
N/A
4 -$273K
N/A
5+ --
N/A

Summary: Platte 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Platte County
+88.4%
Goshen County
+24.6%
Converse County
+20.3%

Housing Supply in Platte County, WY

How many homes are available in Platte County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3031+3.3%

Summary: The Platte County real estate market had 31 homes for sale in March 2024, a 3.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 89
+12.5%
3 1614
-12.5%
4 35
+66.7%
5+ 23
+50.0%

Summary: The Platte County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Platte County in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Platte County, WY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
198 Days44 Days-77.5%

Summary: Homes in Platte County had an average of 44 days on market in Mar 2024, down by 77.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Platte County; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

Newest Listings in Platte County, WY

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