Is Lander, 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, Lander has remained a Buyer's Market.
Housing Prices in Lander, WY
How much do homes in Lander, WY cost?
Median Sold Price
$312,000
$187/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Lander was $312,000 in April 2024, down 7.4% from last month, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $172.1K | N/A |
3 Bedrooms | $336K | $312K | -7.1% |
4 Bedrooms | $620K | - | N/A |
5+ Bedrooms | - | $513K | N/A |
Summary: Lander 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 did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lander, WY
How many homes are available in Lander, WY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 62 | +6.9% |
Summary: The Lander real estate market had 62 homes for sale in April 2024, a 6.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Lander 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 decreased by 7.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lander in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Lander, WY
How long does it take to sell a home in Lander, WY?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 Days | 115 Days | -13.5% |
Summary: Homes in Lander had an average of 115 days on market in Apr 2024, down by 13.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Lander; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.