Is Carbon County, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbon County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Carbon County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Carbon County, WY

How much do homes in Carbon County, WY cost?

Median Sold Price

$187,500

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$55,500(-22.8%)

Key Takeaway

Homes in Carbon County have sold for 22.8% less than they did a month ago.

Summary: The median home sold price in Carbon County was $187,500 in April 2024, down 22.8% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $180.5K$155K
-14.2%
3 $265K$217K
-18.1%
4 $279K$244.2K
-12.5%
5+ -$175K
N/A

Summary: Carbon County 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 14.2%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Natrona County
-0.2%
Carbon County
-22.8%

Housing Supply in Carbon County, WY

How many homes are available in Carbon County, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
94103+9.6%

Summary: The Carbon County real estate market had 103 homes for sale in April 2024, a 9.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1923
+21.1%
3 3536
+2.9%
4 2931
+6.9%
5+ 1112
+9.1%

Summary: The Carbon County 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 21.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1323+76.9%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carbon County, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Carbon County in April 2024, up by 76.9% month-over-month. Of the 20 sold homes, 70% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for Carbon County, WY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
139 Days124 Days-10.9%

Summary: Homes in Carbon County had an average of 124 days on market in Apr 2024, down by 10.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carbon County has remained consistent over time.

Summary: During April 2024, 23 homes were sold in Carbon County; 4% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 48% 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 9 Days Ago

Newest Listings in Carbon County, WY

Nearby Markets to Carbon County, WY

What housing markets are near Carbon County, WY?