Is 82609, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 82609 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 82609 has remained a Seller's Market.

Key Takeaway

82609 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 82609, WY

How much do homes in 82609, WY cost?

Median Sold Price

$507,000

$179/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$167,000(+49.1%)

Key Takeaway

Homes in 82609 have sold for 49.1% more than they did a month ago.

Summary: The median home sold price in 82609 was $507,000 in May 2024, up 49.1% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $137.6K-
N/A
2 $182.8K-
N/A
3 $349.5K$275K
-21.3%
4 $345K$618K
+79.1%
5+ $440K$809.5K
+84.0%

Summary: 82609 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 79.1%, and 5+ bedroom homes increased by 84%.

Median Sold Price Compared To Nearby Zip Codes

82609
+49.1%
82636
+23.5%
82637
+18.3%
82604
-5.7%
82601
-12.8%

Housing Supply in 82609, WY

How many homes are available in 82609, WY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8777-11.5%

Summary: The 82609 real estate market had 77 homes for sale in May 2024, a 11.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 44
0.0%
3 2828
0.0%
4 2924
-17.2%
5+ 2420
-16.7%

Summary: The 82609 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2517-32.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 82609, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 82609 in May 2024, down by 32.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for 82609, WY

How long does it take to sell a home in 82609, WY?

Average Sale Time

Apr 2024May 2024CHANGE
59 Days76 Days+28.6%

Summary: Homes in 82609 had an average of 76 days on market in May 2024, up by 28.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 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 82609 has remained consistent over time.

Summary: During May 2024, 17 homes were sold in 82609; 6% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 41% 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 1 Day Ago

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