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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Natrona County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Natrona County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Natrona County, WY

How much do homes in Natrona County, WY cost?

Median Sold Price

$299,450

$156/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$550(-0.2%)

Key Takeaway

The sold price of homes in Natrona County has remained the same since last month.

Summary: The median home sold price in Natrona County was $299,450 in April 2024, down 0.2% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $135K$137.6K
+2.0%
2 $180K$210K
+16.7%
3 $256K$250K
-2.3%
4 $309K$339.5K
+9.9%
5+ $459K$462.7K
+0.8%

Summary: Natrona County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Counties

Washakie County
+78.0%
Natrona County
-0.2%
Converse County
-12.5%
Carbon County
-22.8%
Johnson County
-34.7%

Housing Supply in Natrona County, WY

How many homes are available in Natrona County, WY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
329327-0.6%

Summary: The Natrona County real estate market had 327 homes for sale in April 2024, a 0.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 3839
+2.6%
3 131122
-6.9%
4 95103
+8.4%
5+ 5956
-5.1%

Summary: The Natrona County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 5.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
86108+25.6%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Natrona County, expect to pay close to the asking price. 44.8% of homes here sold near the asking price last month.

Summary: A total of 108 homes were sold or pending in Natrona County in April 2024, up by 25.6% month-over-month. Of the 96 sold homes, 35% were sold under asking, 45% were sold at asking, and 20% were sold over asking.

Days on Market for Natrona County, WY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
84 Days65 Days-23.1%

Summary: Homes in Natrona County had an average of 65 days on market in Apr 2024, down by 23.1% compared to last month.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

66 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 108 homes were sold in Natrona County; 17% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 22% 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 Natrona County, WY

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