Is Sweetwater County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sweetwater County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sweetwater County has remained a Seller's Market.

Key Takeaway

Sweetwater County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sweetwater County, WY cost?

Median Sold Price

$246,000

$123/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

+$12,799(+5.5%)

Key Takeaway

Homes in Sweetwater County have sold for 5.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 $65K-
N/A
2 $107.9K$196.5K
+82.0%
3 $225K$219.7K
-2.3%
4 $229.5K$262.2K
+14.3%
5+ $384K$408K
+6.3%

Median Sold Price Compared To Nearby Counties

Sweetwater County
+5.5%
Uinta County
-32.9%

How many homes are available in Sweetwater County, WY?

Number of Homes For Sale

Sep 2022Oct 2022%
160133-16.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 33
0.0%
2 1919
0.0%
3 5750
-12.3%
4 5036
-28.0%
5+ 3125
-19.4%

Number of Homes Sold

Sep 2022Oct 2022%
4939-20.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sweetwater County, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2022Oct 2022%
80 Days55 Days-31.1%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sweetwater County has remained consistent over time.

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

About Sweetwater County, WY

Number of homes for sale in Sweetwater County, WY real estate market have reached 133. The number of homes for sale in Sweetwater County, WY decreased by 16.9% between September 2022 and October 2022. The median list price of listings available in October 2022 was $246,000, while the average time on the real estate market was 55 days. From October 2021 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 82%, the cost of 3 bedrooms properties went down by 2.3%, 4 bedrooms properties became 14.3% more expensive, 5 bedrooms properties prices increased by 6.3%. This housing market inventory have changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 12.3%, volume of 4 bedrooms homes went down by 28%, number of 5 bedrooms homes decreased by 19.4%. While more than 3 listings in Sweetwater County, WY in October 2022 were sold above asking price, there were more than 9 listings sold at asking price, and more than 22 were sold below.

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