Converse County Housing Market Report February 2025Converse County, Wyoming

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Housing Prices in Converse County, WY

How much do homes in Converse County, WY cost?

Housing Market Conditions

Is Converse County, 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

Converse County is a Seller's Market

Difference Since January 2025

Last month, Converse County has remained a Seller's Market.

Insight

Converse County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$275,000$130/SqFt
+$5,000
+1.9%

Based on all homes sold in February 2025

Insight

Homes in Converse County have sold for 1.9% more than they did a month ago.

Summary: The median home sold price in Converse County was $275,000 in February 2025, up 1.9% from last month, and the median price per square foot was $130.

Median Sold Price By Counties

Median Sold Price By Counties
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
Platte County
+204.7%
Converse County
+1.9%
Natrona County
+0.9%

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$118K$105K
-11.0%
2$297K$210K
-29.3%
3$196.5K$285K
+45.0%
4$270K$257.4K
-4.6%
5-$557.5K
N/A

Summary: Converse County housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -11.0%. The home price for 2 bedroom homes decreased by -29.3%. The home price for 3 bedroom homes increased by +45.0%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes did not change.

How does Converse County, WY compare with other places?

Market comparison tool

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

Converse County, WY

Housing supply in Converse County, WY

How many homes are available in Converse County, 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
64Last MonthFeb 2025
632 months agoJan 2025
+1.6 %
Change MoMJan – Feb

Summary: The Converse County real estate market had 64 homes for sale in Feb 2025, a 1.6 % 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
16Last MonthFeb 2025
132 months agoJan 2025
+23.1 %
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
121
-50.0%
21212
0.0%
32123
+9.5%
42017
-15.0%
5811
+37.5%

Summary: Converse County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +9.5%. The inventory for 4 bedroom homes decreased by -15.0%. The inventory for 5 bedroom homes increased by +37.5%.

Asking Price vs. Sold Price

How much do homes in Converse County, 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 Price3 Homes

At Asking Price4 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in Converse County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Converse County in February 2025, up by 23.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and and 23% were sold over asking.

Days on Market for Converse County, WY

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

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days5 Homes

Over 90 Days8 Homes

Insight

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

Summary: During February 2025, 16 homes were sold in Converse County; 19% of homes were sold within 30 days, 31% 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
77 DaysLast MonthFeb 2025
73 Days1 month agoJan 2025
+5.2 %
Change MoMJan – Feb

Summary: Homes in Converse County had an average listing age of 77 days in Feb 2025, up by 5.2% compared to the previous month.

Newest Listings in Converse County, WY

What homes are available in Converse County, WY?

MLS Disclaimers and Copyright

Based on information from Wyoming 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, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.