Is Sublette County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Sublette County was a Seller's Market.
Key Takeaway
Sublette County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sublette County, WY
How much do homes in Sublette County, WY cost?
Median Sold Price
$415,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Sublette County have sold for 24.8% more than they did a year ago.
Summary: The median home sold price in Sublette County was $415,000 in June 2024, up 24.8% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $276.5K | $285K | +3.1% |
| 2 Bedrooms | $247.5K | $311.5K | +25.9% |
| 3 Bedrooms | $330K | $408K | +23.6% |
| 4 Bedrooms | $410K | $447.5K | +9.1% |
| 5+ Bedrooms | $519.5K | $800K | +54.0% |
Summary: Sublette County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 54%.
Median Sold Price Compared To Nearby Counties
| Sublette County | $332.5K | $415K | +24.8% |
| Lincoln County | $528.5K | $589K | +11.4% |
| Teton County | $1.9M | $2.1M | +10.5% |
Housing Supply in Sublette County, WY
How many homes are available in Sublette County, WY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 66 | 76 | +15.2% |
Summary: The Sublette County real estate market had 76 homes for sale in June 2024, a 15.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 30 | 34 | +13.3% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Sublette County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Sublette County in June 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 90 Days | 105 Days | +16.7% |
Summary: Homes in Sublette County had an average of 105 days on market in Jun 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sublette County has remained consistent over time.
Summary: During June 2024, 12 homes were sold in Sublette County; 8% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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