Casper South Housing Market Report February 2025Natrona County, Wyoming

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Housing Prices in Casper South, WY

How much do homes in Casper South, WY cost?

Housing Market Conditions

Is Casper South, 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

Casper South is a Buyer's Market

Difference Since January 2025

Last month, Casper South was a Seller's Market.

Insight

Casper South 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.
$499,000$198/SqFt
-$2,500
-0.5%

Based on all homes sold in February 2025

Insight

The sold price of homes in Casper South has remained the same since last month.

Summary: The median home sold price in Casper South was $499,000 in February 2025, down 0.5% from last month, and the median price per square foot was $198.

Median Sold Price By Cities

Median Sold Price By Cities
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 MoM
Evansville
+68.6%
Hells Half Acre
+8.8%
Casper
-0.5%
Casper South
-0.5%

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 2025Feb 2025Change MoM
1--
N/A
2-$157.5K
N/A
3$422.5K$372K
-12.0%
4$543.2K$595K
+9.5%
5$660K$869K
+31.7%

Summary: Casper South housing price by bedroom type for February 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 -12.0%. The home price for 4 bedroom homes increased by +9.5%. The home price for 5 bedroom homes increased by +31.7%.

How does Casper South, WY compare with other places?

Market comparison tool

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

Casper South, WY

Housing supply in Casper South, WY

How many homes are available in Casper South, 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
70Last MonthFeb 2025
632 months agoJan 2025
+11.1 %
Change MoMJan – Feb

Summary: The Casper South real estate market had 70 homes for sale in Feb 2025, a 11.1 % increase compared to Jan 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
9Last MonthFeb 2025
132 months agoJan 2025
-30.8 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
122
0.0%
247
+75.0%
33033
+10.0%
4810
+25.0%
51918
-5.3%

Summary: Casper South housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +75.0%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes decreased by -5.3%.

Asking Price vs. Sold Price

How much do homes in Casper South, 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 Price1 Home

At Asking Price1 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Casper South, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Casper South in February 2025, down by 30.8% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.

Days on Market for Casper South, WY

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days5 Homes

Over 90 Days3 Homes

Insight

Avg time on Rocket Homes in Casper South has remained consistent over time.

Summary: During February 2025, 9 homes were sold in Casper South; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% 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
74 DaysLast MonthFeb 2025
105 Days1 month agoJan 2025
-29.6 %
Change MoMJan – Feb

Summary: Homes in Casper South had an average listing age of 74 days in Feb 2025, down by 29.6% compared to the previous month.

Newest Listings in Casper South, WY

What homes are available in Casper South, WY?

MLS Disclaimers and Copyright

Based on information from Wyoming MLS, and Big Sky Country MLS for the period 01/01/2025 - 03/01/2025

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: 3/13/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country 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: 3/13/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.