Is Pinedale, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pinedale was a Seller's Market.
Key Takeaway
Pinedale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pinedale, WY
How much do homes in Pinedale, WY cost?
Median Sold Price
$477,500
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pinedale have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Pinedale was $477,500 in May 2024, up 17.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256K | - | N/A |
| 2 Bedrooms | $226.2K | $311.5K | +37.7% |
| 3 Bedrooms | $418.5K | $470K | +12.3% |
| 4 Bedrooms | $467.5K | $480K | +2.7% |
| 5+ Bedrooms | $632K | $800K | +26.6% |
Summary: Pinedale 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 increased by 37.7%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 26.6%.
Housing Supply in Pinedale, WY
How many homes are available in Pinedale, WY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Pinedale real estate market had 34 homes for sale in May 2024, a 13.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Pinedale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pinedale, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pinedale in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Pinedale, WY
How long does it take to sell a home in Pinedale, WY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 112 Days | 71 Days | -37.0% |
Summary: Homes in Pinedale had an average of 71 days on market in May 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pinedale has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Pinedale; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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