Is Rock Springs North, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Springs North is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rock Springs North was a Buyer's Market.

Key Takeaway

Rock Springs North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rock Springs North, WY cost?

Median Sold Price

$235,000

$132/sqft

Based on all homes sold in May 2023.

Difference Since Last Month

+$24,350(+11.6%)

Key Takeaway

Homes in Rock Springs North have sold for 11.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023May 2023%
1 --
N/A
2 $136K$73.5K
-46.0%
3 $211.3K$238K
+12.6%
4 -$269.6K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Rock Springs North
+11.6%
Rock Springs
+11.6%

How many homes are available in Rock Springs North, WY?

Number of Homes For Sale

Apr 2023May 2023%
5077+54.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 01
+100.0%
2 48
+100.0%
3 2837
+32.1%
4 1520
+33.3%
5+ 311
+266.7%

Number of Homes Sold

Apr 2023May 2023%
423+475.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Springs North, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

How long does it take to sell a home in Rock Springs North, WY?

How long does it take to sell a home in Rock Springs North, WY?

Average Sale Time

Apr 2023May 2023%
100 Days80 Days-20.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rock Springs North has remained consistent over time.

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

What housing markets are near Rock Springs North, WY?

About Rock Springs North, WY

Rock Springs North, WY has 77 homes on the market. Between April 2023 and May 2023, Rock Springs North, WY real estate market has seen increase in the number of listings by 54%. In May 2023 median list price was $235,000 and the average listing age was 80 days. From May 2022 through May 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went down by 46%, 3 bedrooms properties prices increased by 12.6%, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went up by 32.1%, volume of 4 bedrooms homes went up by 33.3%, 5 bedrooms homes inventory increased by 266.7%. In May 2023, from all listings sold in Rock Springs North, WY there were more than 7 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price.