Is Sweetwater County, 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, Sweetwater County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $187K | $138.5K | -25.9% |
3 Bedrooms | $242.5K | $280.6K | +15.7% |
4 Bedrooms | $232K | $360K | +55.2% |
5+ Bedrooms | $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 | $236.5K | $308.5K | +30.4% |
Uinta County | $247K | $282K | +14.2% |
Housing Supply in Sweetwater County, WY
How many homes are available in Sweetwater County, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
125 | 133 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 54 | 52 | -3.7% |
4 Bedrooms | 37 | 43 | +16.2% |
5+ Bedrooms | 17 | 19 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 35 | +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
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 2024 | Mar 2024 | CHANGE |
---|---|---|
115 Days | 86 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
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.