Is Rawlins, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rawlins has remained a Seller's Market.
Key Takeaway
Rawlins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rawlins, WY
How much do homes in Rawlins, WY cost?
Median Sold Price
$191,154
$133/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Rawlins have sold for 15.9% more than they did a month ago.
Summary: The median home sold price in Rawlins was $191,154 in March 2024, up 15.9% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $72.6K | $180.5K | +148.5% |
| 3 Bedrooms | $165K | - | N/A |
| 4 Bedrooms | $187.1K | $298K | +59.3% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: Rawlins 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 increased by 148.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes did not change.
Housing Supply in Rawlins, WY
How many homes are available in Rawlins, WY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 | 51 | -16.4% |
Summary: The Rawlins real estate market had 51 homes for sale in March 2024, a 16.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Rawlins housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rawlins, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Rawlins in March 2024, down by 18.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Rawlins, WY
How long does it take to sell a home in Rawlins, WY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 130 Days | 172 Days | +31.8% |
Summary: Homes in Rawlins had an average of 172 days on market in Mar 2024, up by 31.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Rawlins are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 9 homes were sold in Rawlins; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 89% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Wyoming MLS. All Rights Reserved.