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.

Housing Prices in Sweetwater County, WY

How much do homes in Sweetwater County, WY cost?

Median Sold Price

$308,500

$128/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$72,000(+30.4%)

Key Takeaway

Homes in Sweetwater County have sold for 30.4% more than they did a month ago.

Summary: The median home sold price in Sweetwater County was $308,500 in March 2024, up 30.4% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $150K-
N/A
2 $187K$138.5K
-25.9%
3 $242.5K$280.6K
+15.7%
4 $232K$360K
+55.2%
5+ $376K$465K
+23.7%

Summary: Sweetwater County 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 25.9%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 55.2%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Counties

Sweetwater County
+30.4%
Uinta County
+14.2%

Housing Supply in Sweetwater County, WY

How many homes are available in Sweetwater County, WY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
125133+6.4%

Summary: The Sweetwater County real estate market had 133 homes for sale in March 2024, a 6.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 1519
+26.7%
3 5452
-3.7%
4 3743
+16.2%
5+ 1719
+11.8%

Summary: The Sweetwater County 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 26.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2235+59.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 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. 57.6% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Sweetwater County in March 2024, up by 59.1% month-over-month. Of the 33 sold homes, 58% were sold under asking, 24% were sold at asking, and 18% were sold over asking.

Days on Market for Sweetwater County, WY

How long does it take to sell a home in Sweetwater County, WY?

Average Sale Time

Feb 2024Mar 2024CHANGE
115 Days86 Days-25.7%

Summary: Homes in Sweetwater County had an average of 86 days on market in Mar 2024, down by 25.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

14 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.

Summary: During March 2024, 35 homes were sold in Sweetwater County; 9% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Sweetwater County, WY

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