Is Rock Springs North, 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, Rock Springs North has remained a Seller's Market.
Housing Prices in Rock Springs North, WY
How much do homes in Rock Springs North, WY cost?
Median Sold Price
$329,500
$155/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Rock Springs North was $329,500 in March 2024, up 19.8% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $187K | $162.6K | -13.0% |
3 Bedrooms | $322.5K | $303.5K | -5.9% |
4 Bedrooms | $196K | $385.7K | +96.8% |
5+ Bedrooms | $376K | $499K | +32.7% |
Summary: Rock Springs North 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 decreased by 13%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 96.8%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
Rock Springs | $275K | $340K | +23.6% |
Rock Springs North | $275K | $329.5K | +19.8% |
Housing Supply in Rock Springs North, WY
How many homes are available in Rock Springs North, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 89 | +4.7% |
Summary: The Rock Springs North real estate market had 89 homes for sale in March 2024, a 4.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 39 | 40 | +2.6% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Rock Springs North 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 20%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Rock Springs North in March 2024, up by 29.4% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Rock Springs North, WY
How long does it take to sell a home in Rock Springs North, WY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
121 Days | 79 Days | -34.9% |
Summary: Homes in Rock Springs North had an average of 79 days on market in Mar 2024, down by 34.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Rock Springs North; 9% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.