Is Rock Springs North, 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, Rock Springs North has remained a Seller's Market.
Key Takeaway
Rock Springs North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rock Springs North, WY
How much do homes in Rock Springs North, WY cost?
Median Sold Price
$296,000
$136/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rock Springs North have sold for 10.2% less than they did a month ago.
Summary: The median home sold price in Rock Springs North was $296,000 in April 2024, down 10.2% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $69.9K | N/A |
| 2 Bedrooms | $162.6K | $123.5K | -24.1% |
| 3 Bedrooms | $303.5K | $285K | -6.1% |
| 4 Bedrooms | $385.7K | $294.9K | -23.5% |
| 5+ Bedrooms | $499K | $505K | +1.2% |
Summary: Rock Springs North housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.1%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Rock Springs North | $329.5K | $296K | -10.2% |
| Rock Springs | $340K | $296K | -12.9% |
Housing Supply in Rock Springs North, WY
How many homes are available in Rock Springs North, WY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 92 | 109 | +18.5% |
Summary: The Rock Springs North real estate market had 109 homes for sale in April 2024, a 18.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 40 | 43 | +7.5% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 14 | 21 | +50.0% |
Summary: The Rock Springs North housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 31 | +40.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rock Springs North, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Rock Springs North in April 2024, up by 40.9% month-over-month. Of the 27 sold homes, 59% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for Rock Springs North, WY
How long does it take to sell a home in Rock Springs North, WY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 86 Days | +9.1% |
Summary: Homes in Rock Springs North had an average of 86 days on market in Apr 2024, up by 9.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rock Springs North has remained consistent over time.
Summary: During April 2024, 31 homes were sold in Rock Springs North; 6% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Wyoming MLS. All Rights Reserved.
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2024 MLS.