Is Wilson, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wilson was a Neutral Market.
Key Takeaway
Wilson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wilson, WY
How much do homes in Wilson, WY cost?
Median Sold Price
$1,125,000
$1,100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wilson have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Wilson was $1,125,000 in March 2024, up 10.6% from last year, and the median price per square foot was $1,100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $975K | $832.5K | -14.6% |
| 2 Bedrooms | $396K | $1.1M | +184.1% |
| 3 Bedrooms | $1.5M | $422.5K | -71.8% |
| 4 Bedrooms | $5.1M | $4.7M | -7.5% |
| 5+ Bedrooms | $6.4M | $10.4M | +63.3% |
Summary: Wilson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 184.1%, 3 bedroom homes decreased by 71.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 63.3%.
Median Sold Price Compared To Nearby Cities
| Wilson | $1.0M | $1.1M | +10.6% |
| Jackson Hole | $2.1M | $2.1M | +1.1% |
Housing Supply in Wilson, WY
How many homes are available in Wilson, WY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 57 | -12.3% |
Summary: The Wilson real estate market had 57 homes for sale in March 2024, a 12.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Wilson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wilson, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Wilson in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Wilson, WY
How long does it take to sell a home in Wilson, WY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 178 Days | 126 Days | -29.3% |
Summary: Homes in Wilson had an average of 126 days on market in Mar 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wilson are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in Wilson; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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