Is Douglas, 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, Douglas has remained a Seller's Market.
Key Takeaway
Douglas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas, WY
How much do homes in Douglas, WY cost?
Median Sold Price
$273,260
$174/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Douglas have sold for 22.5% more than they did a month ago.
Summary: The median home sold price in Douglas was $273,260 in May 2024, up 22.5% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.3K | $273.2K | +58.5% |
| 3 Bedrooms | $236.9K | $280K | +18.2% |
| 4 Bedrooms | $90K | $255K | +183.3% |
| 5+ Bedrooms | $365K | $1.1M | +213.7% |
Summary: Douglas housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.5%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 183.3%, and 5+ bedroom homes increased by 213.7%.
Housing Supply in Douglas, WY
How many homes are available in Douglas, WY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 64 | +10.3% |
Summary: The Douglas real estate market had 64 homes for sale in May 2024, a 10.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 13 | 19 | +46.2% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Douglas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Douglas in May 2024, up by 8.3% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Douglas, WY
How long does it take to sell a home in Douglas, WY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 109 Days | 89 Days | -18.1% |
Summary: Homes in Douglas had an average of 89 days on market in May 2024, down by 18.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Douglas has remained consistent over time.
Summary: During May 2024, 13 homes were sold in Douglas; 23% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 23% 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.