Is Rawlins, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rawlins was a Neutral Market.
Key Takeaway
Rawlins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rawlins, WY
How much do homes in Rawlins, WY cost?
Median Sold Price
$201,750
$140/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Rawlins have sold for 3.4% more than they did a month ago.
Summary: The median home sold price in Rawlins was $201,750 in April 2024, up 3.4% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180.5K | $175K | -3.1% |
| 3 Bedrooms | - | $217K | N/A |
| 4 Bedrooms | $279K | $283K | +1.4% |
| 5+ Bedrooms | - | $175K | N/A |
Summary: Rawlins 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 3.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Housing Supply in Rawlins, WY
How many homes are available in Rawlins, WY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 64 | +18.5% |
Summary: The Rawlins real estate market had 64 homes for sale in April 2024, a 18.5% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Rawlins 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 18.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rawlins, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Rawlins in April 2024, up by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Rawlins, WY
How long does it take to sell a home in Rawlins, WY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 181 Days | 99 Days | -45.0% |
Summary: Homes in Rawlins had an average of 99 days on market in Apr 2024, down by 45% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rawlins has remained consistent over time.
Summary: During April 2024, 11 homes were sold in Rawlins; 0% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Wyoming MLS. All Rights Reserved.