Is Lovell, WY 82431 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lovell is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 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 market64Listing to accepted offer
Median price per sq ft$169▲ +15.7% vs. last year

The Lovell housing market right now

In the three months ending August 31, 2026, 0% of homes in Lovell, WY 82431 sold above their list price, the typical home went under contract in 64 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (110 days then) and the median sale price rose 26% to $363,093. Overall, Lovell is more competitive than a year ago, so tougher for buyers.

Within Big Horn County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Basin 82410Balanced $155 /sq ftBurlington 82411Seller’s market $146 /sq ftByron 82412 — /sq ftCowley 82420Buyer’s market $187 /sq ft Browse all markets →

Where Lovell is

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Questions about Lovell real estate

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

A balanced market: there were 5.3 months of supply in Lovell, WY 82431 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 Lovell?

The typical home went under contract in 64 days in the latest three months.

Do homes in Lovell sell over asking?

0% of homes sold above their original list price.

What are property taxes in Lovell?

About 0.55% of a home’s value a year in Big Horn County, or roughly $2,200 on a $400,000 home.

What is the median home price in Lovell?

The median sale price was $363,093 in the three months ending August 31, 2026, about $169 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