Is Buffalo, 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, Buffalo has remained a Buyer's Market.
Housing Prices in Buffalo, WY
How much do homes in Buffalo, WY cost?
Median Sold Price
$373,000
$135/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Buffalo was $373,000 in April 2024, down 34.7% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $610K | $47K | -92.3% |
3 Bedrooms | $556.5K | $620K | +11.4% |
4 Bedrooms | $571.2K | $373K | -34.7% |
5+ Bedrooms | $540K | $330K | -38.9% |
Summary: Buffalo 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 92.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 34.7%, and 5+ bedroom homes decreased by 38.9%.
Housing Supply in Buffalo, WY
How many homes are available in Buffalo, WY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 50 | +8.7% |
Summary: The Buffalo real estate market had 50 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Buffalo 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 remained the same, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Buffalo in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Buffalo, WY
How long does it take to sell a home in Buffalo, WY?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 Days | 157 Days | -8.9% |
Summary: Homes in Buffalo had an average of 157 days on market in Apr 2024, down by 8.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Buffalo; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 83% of homes were sold over 90 days.