Is Sublette County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sublette County was a Seller's Market.
Key Takeaway
Sublette County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sublette County, WY
How much do homes in Sublette County, WY cost?
Median Sold Price
$400,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sublette County have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Sublette County was $400,000 in March 2024, up 12.7% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278.5K | $285K | +2.3% |
| 2 Bedrooms | $212.5K | $375K | +76.5% |
| 3 Bedrooms | $330K | $357K | +8.2% |
| 4 Bedrooms | $397.5K | $530K | +33.3% |
| 5+ Bedrooms | $632K | $776K | +22.8% |
Summary: Sublette County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 76.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 22.8%.
Median Sold Price Compared To Nearby Counties
| Sublette County | $355K | $400K | +12.7% |
| Teton County | $2.0M | $2.1M | +3.2% |
| Lincoln County | $561K | $458.7K | -18.2% |
Housing Supply in Sublette County, WY
How many homes are available in Sublette County, WY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The Sublette County real estate market had 51 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Sublette County 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 remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sublette County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sublette County in March 2024, the same as the previous month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sublette County, WY
How long does it take to sell a home in Sublette County, WY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 163 Days | 215 Days | +31.7% |
Summary: Homes in Sublette County had an average of 215 days on market in Mar 2024, up by 31.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sublette County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 5 homes were sold in Sublette County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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