Gillette, WY metro area Housing Market
Cold MarketComprehensive housing market data for the Gillette, WY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$449K
↑ 40.3% YoY
Days on Market
193 days
↑ 44.0% YoY
Active Inventory
121
↓ 26.7% YoY
Homes Sold
1
↓ 80.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Gillette, WY metro area Market Summary
The Gillette, WY metro area housing market is cooling down. As of March 2026, the median home sale price is $449K, up 40.3% year-over-year. Homes are spending a median of 193 days on the market, 44.0% longer than a year ago.
There are 121 homes for sale — 26.7% fewer than last year. With 121.0 months of supply, this is a buyer's market. 61 new listings were added during this period, down 12.9% year-over-year.
0.0% of homes sell above their asking price. 26.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
85
Contributing Factors
How This Market Compares
vs. National Median
vs. Wyoming Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Gillette, WY metro area Market Trends
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Detailed Market Metrics
Median List Price
$370K
Price per Sq Ft
$266
Sale-to-List Ratio
N/A
Months of Supply
121.0
Sold Above List
0.0%
Price Drops
26.4%
New Listings
61
↓ 12.9% YoY
Pending Sales
9
Off Market in 2 Weeks
11.1%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.