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.

How much do homes in Platte County, WY cost?

Median Sold Price

$302,500

$119/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$102,500(+51.2%)

Key Takeaway

Homes in Platte County have sold for 51.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $197K$173K
-12.2%
4 $230K-
N/A
5+ -$407.5K
N/A

Median Sold Price Compared To Nearby Counties

Platte County
+51.2%
Goshen County
+42.5%
Converse County
-25.7%

How many homes are available in Platte County, WY?

Number of Homes For Sale

Sep 2022Oct 2022%
38380.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 67
+16.7%
3 1920
+5.3%
4 76
-14.3%
5+ 65
-16.7%

Number of Homes Sold

Sep 2022Oct 2022%
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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.

Average Sale Time

Sep 2022Oct 2022%
55 Days57 Days+3.6%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Platte County, WY

Number of homes for sale in Platte County, WY real estate market have reached 38. In October 2022 median list price was $302,500 and the average listing age was 57 days. From October 2021 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties decreased by 12.2%, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 16.7%, 3 bedrooms homes became 5.3% more available, number of 4 bedrooms homes decreased by 14.3%, 5 bedrooms homes became 16.7% less available. Platte County, WY housing market in October 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 2 sold below.

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