Smoot, WY Foreclosures
How much do homes sell for in Smoot, WY?
The average home price is currently $592,888.
What’s the average rental cost in Smoot, WY?
The average rental price in Smoot is $1,027.
What is the most expensive home in Smoot?
The most expensive home sold in Smoot had a price of $5,930,313.
What is currently the cheapest priced home in Smoot, WY?
The cheapest home for sale in Smoot is priced at $61,000.
Living in Smoot, WY
Smoot is a quaint, small town located in Lincoln County, Wyoming. Known for its scenic beauty and a close-knit community, it offers a peaceful rural lifestyle. Residents enjoy easy access to outdoor recreational activities such as hiking, fishing, and skiing in nearby state parks and mountain ranges.
Current Market Conditions in Smoot, WY
The real estate market in Smoot is generally stable, characterized by a mix of older and newer homes. Recently, there has been growing interest in this area due to its affordability compared to larger cities in Wyoming. Buyers are attracted to the wide spaces, scenic views, and a slower pace of life, which are significantly different from urban settings.
Over the last few months, Smoot has seen a modest increase in home prices as more buyers look to capitalize on the low inventory of homes. Although prices are still reasonable compared to national averages, potential buyers should act quickly as homes often enter and leave the market within a short time frame.
Home Value Estimator For Smoot, WY
There are currently 331 real estate properties
in Smoot, WY,
with a median automated valuation model (AVM) price
of $488,532.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Smoot, WY, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Smoot, WY,
is $592,888.00, with the most expensive house
in Smoot, WY, topping out
at $5,930,313.00 and the cheapest home
in Smoot, WY,
clocking in at $61,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smoot, WY!
Rent Prices
In Smoot, WY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Smoot, WY, is on
a rollercoaster ride. The
average rent price in Smoot, WY,
is $1,027.00. Indeed, when looking to rent in
Smoot, WY, you can expect to pay as little
as $620.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Smoot, WY
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
