83014 Housing Market Report January 2025Teton County, Wyoming

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Housing Prices in 83014, WY

How much do homes in 83014, WY cost?

Housing Market Conditions

Is 83014, WY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

83014 is a Buyer's Market

Difference Since January 2024

At the same time last year, 83014 was a Neutral Market.

Insight

83014 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,937,500$1,294/SqFt
+$891,250
+85.2%

Based on all homes sold in the last 12 months

Insight

Homes in 83014 have sold for 85.2% more than they did a year ago.

Summary: The median home sold price in 83014 was $1,937,500 in January 2025, up 85.2% from last year, and the median price per square foot was $1,294.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
83014
+85.2%
83001
-11.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$832.5K$875K
+5.1%
2$1.1M$1.2M
+10.5%
3$422.5K$2.1M
+408.9%
4$4.3M$6.9M
+60.9%
5$8.1M$8.2M
+1.9%

Summary: 83014 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.1%. The home price for 2 bedroom homes increased by +10.5%. The home price for 3 bedroom homes increased by +408.9%. The home price for 4 bedroom homes increased by +60.9%. The home price for 5 bedroom homes increased by +1.9%.

Housing supply in 83014, WY

How many homes are available in 83014, WY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
62Last MonthJan 2025
602 months agoDec 2024
+3.3 %
Change MoMDec – Jan

Summary: The 83014 real estate market had 62 homes for sale in Jan 2025, a 3.3 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthJan 2025
52 months agoDec 2024
+20.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
155
0.0%
22024
+20.0%
31316
+23.1%
474
-42.9%
51513
-13.3%

Summary: 83014 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +23.1%. The inventory for 4 bedroom homes decreased by -42.9%. The inventory for 5 bedroom homes decreased by -13.3%.

Asking Price vs. Sold Price

How much do homes in 83014, WY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in 83014, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 83014 in January 2025, up by 20.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 83014, WY

How long does it take to sell a home in 83014, WY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days4 Homes

Insight

Most homes in 83014 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 6 homes were sold in 83014; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
145 DaysThis YearJan 2025
163 Days1 year agoJan 2024
-11.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 83014 had an average listing age of 145 days in Jan 2025, down by 11.3% compared to the previous year.

Newest Listings in 83014, WY

What homes are available in 83014, WY?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Teton MLS, for the period 02/01/2023 - 02/01/2025

IDXDISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2025 MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.