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Is Burns, WY 82053 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Burns is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$173▼ −13.4% vs. last year

The Burns housing market right now

In the three months ending August 31, 2026, 0% of homes in Burns, WY 82053 sold above their list price, the typical home went under contract in 50 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (53 days then) and the median sale price fell 18% to $531,770. Overall, Burns is about as competitive as it was a year ago.

Within Laramie County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 82053

Prefilled for 82053Can I win this house?Multiple-offer likelihood for a listing Prefilled for 82053Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albin 82050 $115 /sq ftCarpenter 82054Buyer’s market $185 /sq ftCheyenne 82001Seller’s market $189 /sq ftCheyenne 82007Seller’s market $200 /sq ft Browse all markets →

Towns like Burns nearby

Find towns like Burns in other states →
Pine Bluffs, WY82082 · 13 miles away21% similarlower income ($46K less) · pricier homes ($94K more) Cheyenne, WY82009 · 25 miles away13% similarpricier homes ($191K more) · larger Cheyenne, WY82001 · 25 miles away5% similarlower income ($40K less) · pricier homes ($57K more) Kimball, NE69145 · 34 miles away5% similarlower income ($57K less) · cheaper homes ($148K less)

Where Burns is

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Questions about Burns real estate

Is Burns a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Burns, WY 82053 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Burns?

The typical home went under contract in 50 days in the latest three months.

Do homes in Burns sell over asking?

0% of homes sold above their original list price.

What are property taxes in Burns?

About 0.57% of a home’s value a year in Laramie County, or roughly $2,280 on a $400,000 home.

What is the median home price in Burns?

The median sale price was $531,770 in the three months ending August 31, 2026, about $173 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology