83101 Housing Market Report May 2025•Lincoln County, Wyoming

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Housing Prices in 83101, WY

How much do homes in 83101, WY cost?

Housing Market Conditions

Is 83101, 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

83101 is a Buyer's Market

Difference Since April 2025

Last month, 83101 was a Seller's Market.

Insight

83101 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.
$228,000$158/SqFt
-$114,500
-33.4%

Based on all homes sold in May 2025

Insight

Homes in 83101 have sold for 33.4% less than they did a month ago.

Summary: The median home sold price in 83101 was $228,000 in May 2025, down 33.4% from last month, and the median price per square foot was $158.

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.
BedsApr 2025May 2025Change MoM
1--
N/A
2-$80K
N/A
3$300K$228K
-24.0%
4-$290K
N/A
5$385K-
N/A

Summary: 83101 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -24.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 83101, WY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

83101, WY

Housing supply in 83101, WY

How many homes are available in 83101, 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
33Last MonthMay 2025
272 months agoApr 2025
+22.2 %
Change MoMApr – May

Summary: The 83101 real estate market had 33 homes for sale in May 2025, a 22.2 % increase compared to Apr 2025.

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
4Last MonthMay 2025
52 months agoApr 2025
-20.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
100
0.0%
21011
+10.0%
31115
+36.4%
456
+20.0%
511
0.0%

Summary: 83101 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes increased by +36.4%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 83101, 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 Price4 Homes

Insight

If you're buying a home in 83101, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 83101 in May 2025, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 83101, WY

How long does it take to sell a home in 83101, WY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in 83101 has remained consistent over time.

Summary: During May 2025, 4 homes were sold in 83101; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.
Last Month1 month agoChange MoM
93 DaysLast MonthMay 2025
69 Days1 month agoApr 2025
+34.5 %
Change MoMApr – May

Summary: Homes in 83101 had an average listing age of 93 days in May 2025, up by 34.5% compared to the previous month.

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Newest Listings in 83101, WY

What homes are available in 83101, WY?

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Nearby markets aren't available for 83101, WY

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MLS Disclaimers and Copyright

Based on information from Wyoming MLS, and Teton MLS for the period 04/01/2025 - 06/01/2025

IDXDisclaimer: 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 © 2025 Wyoming MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 3:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 6/24/2025, 3:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.