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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Converse County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Converse County, WY

How much do homes in Converse County, WY cost?

Median Sold Price

$223,000

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$32,000(-12.5%)

Key Takeaway

Homes in Converse County have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in Converse County was $223,000 in April 2024, down 12.5% 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 $214K$172.3K
-19.5%
3 $245K$208.9K
-14.7%
4 $225.5K$240K
+6.4%
5+ $360K$360K
0.0%

Summary: Converse 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 19.5%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Natrona County
-0.2%
Converse County
-12.5%
Platte County
-27.4%

Housing Supply in Converse County, WY

How many homes are available in Converse County, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7877-1.3%

Summary: The Converse County real estate market had 77 homes for sale in April 2024, a 1.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1313
0.0%
3 2727
0.0%
4 2122
+4.8%
5+ 1614
-12.5%

Summary: The Converse County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Converse County, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Converse County in April 2024, up by 100.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.

Days on Market for Converse County, WY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
102 Days92 Days-9.8%

Summary: Homes in Converse County had an average of 92 days on market in Apr 2024, down by 9.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 16 homes were sold in Converse County; 19% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% 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 Converse County, WY

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