Is Kemmerer East, WY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kemmerer East is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Kemmerer East was a Seller's Market.

Key Takeaway

Kemmerer East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kemmerer East, WY

How much do homes in Kemmerer East, WY cost?

Median Sold Price

$187,800

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$39,200(-17.3%)

Key Takeaway

Homes in Kemmerer East have sold for 17.3% less than they did a year ago.

Summary: The median home sold price in Kemmerer East was $187,800 in May 2024, down 17.3% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$27.6K
N/A
2 $185K$147.3K
-20.4%
3 $292.5K$234K
-20.0%
4 $194K$289K
+49.0%
5+ -$300K
N/A

Summary: Kemmerer East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 49%, and 5+ bedroom homes did not change.

Housing Supply in Kemmerer East, WY

How many homes are available in Kemmerer East, WY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2425+4.2%

Summary: The Kemmerer East real estate market had 25 homes for sale in May 2024, a 4.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1014
+40.0%
4 66
0.0%
5+ 21
-50.0%

Summary: The Kemmerer East housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kemmerer East, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kemmerer East in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kemmerer East, WY

How long does it take to sell a home in Kemmerer East, WY?

Average Sale Time

May 2023May 2024CHANGE
51 Days40 Days-22.5%

Summary: Homes in Kemmerer East had an average of 40 days on market in May 2024, down by 22.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kemmerer East has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Kemmerer East; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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