Top Large Teams in Wyoming – Ranked by Volume

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2022 Market Summary

Wyoming started 2022 with a total of 778 single-family homes on the market, with a median home price of $370,000 and an average price per square foot of $313. By the end of the year, inventory had increased to 1,219 homes on the market (+56%), with a median home price of $439,500 (+18%) and an average price per square foot of $333 (+6%).

At the start of 2022, the median days on market (DOM) was 77 days – by the end of the year, median DOM had increased to 91 days.

Wyoming started the year with 20% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 30% of Wyoming homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Wyoming started 2022 as a seller’s market, with an MAI score of 41; by the end of the year, the MAI had dropped to 30 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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