Living in Smoot, WY
Smoot, Wyoming, is a tranquil community ideal for those seeking a peaceful lifestyle surrounded by nature. With its friendly residents and small-town charm, Smoot offers a perfect setting for families and individuals alike. Enjoy outdoor activities, quality schools, and a close-knit community atmosphere in this beautiful corner of Wyoming.
Current Market Conditions in Smoot, WY
The real estate market in Smoot, WY, is currently experiencing stable conditions with modest activity. The demand for properties in rural areas has grown, partly due to the appeal of peaceful living and outdoor activities. Home prices remain affordable compared to national averages, making it an attractive option for first-time buyers as well as retirees looking for a serene environment.
Interest from buyers has been supported by low inventory, making homes sell faster than in previous years. However, the market remains accessible, with properties sitting within a reasonable price range which continues to attract investors seeking vacation homes or long-term rentals.
Home Value Estimator For Smoot, WY
There are currently 305 real estate properties
in Smoot, WY,
with a median automated valuation model (AVM) price
of $551,285.00. 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 $610,243.00, with the most expensive house
in Smoot, WY, topping out
at $3,980,668.00 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.
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