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Sarah Mitchell

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Compass Real Estate · Rock Springs, WY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Rock Springs, WY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Rock Springs, WY Housing Market

Seller's market-3.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Rock Springs, WY is worth $290,316, fell 3.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $283,250, -17.2% year over year (through May 2026). With 2.4 months of supply and homes going under contract in about 43 days, Rock Springs is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $290,316 home is about $1,550/mo in principal and interest.

Key numbers for Rock Springs, WY

Typical home value

$290,316

-3.1% in 12 months

Zillow, August 2026

Typical asking rent

$1,172/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$283,250

-17.2% year over year

Redfin, through May 2026

Days on market

43

Average pace

Redfin, through May 2026

Active listings

72

2.4 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$73,307

Home costs 4.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

97.8%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Rock Springs a buyer's or seller's market?

Seller's market2.4 months of supply43 days on market97.8% of asking

Rock Springs, WY is a seller's market, based on 2.4 months of supply and homes selling in about 43 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Rock Springs housing market data show?

Every row below is Redfin's final published month for Rock Springs, WY. Redfin, through May 2026

Housing market statistics for Rock Springs, WY, Redfin through May 2026
MetricValue
Median sale price$283,250
Median list price$332,450
Year-over-year price change-17.2%
Median price per sq ft$155/sq ft
Median days on market43 days
Active inventory72 listings
Months of supply2.4 months
Sale-to-list price ratio97.8%
Homes sold (that month)30
New listings (that month)36
Listings with a price cut36.1%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Rock Springs is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Rock Springs is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Rock Springs home prices moved?

Over the last three years the median sale price in Rock Springs, WY rose 19.8%, from $236,500 to $283,250. The live Zillow value series has fell 3.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 36.1% of Rock Springs listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.4 months while the sale-to-list ratio slips below its current 97.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Rock Springs?

Priced off the typical home value of $290,316 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Rock Springs, WY
Down paymentCash at closeLoan amountMonthly P&I
20%$58,063$232,253$1,550/mo
5%$14,516$275,801$1,840/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,550, that implies roughly $66,423 a year before you add taxes and insurance. The median household in Rock Springs earns $73,307, about $6,884 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.0x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Rock Springs in the next 12 months?

Tell us your timeline. We send the Rock Springs market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Rock Springs?

Typical asking rent in Rock Springs, WY is $1,172/mo, against a typical home value of $290,316. That is a price-to-rent ratio of 20.6x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $1,550 a month — $378 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Rock Springs?

Active listings in Rock Springs, WY went from 61 in May 2025 to 72 in May 2026, a +18.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Rock Springs, WY
MonthActive listingsNew listings
June 20257438
July 20257435
August 20257931
September 20258533
October 20257827
November 20257322
December 20256414
January 20265521
February 20266424
March 20266130
April 20266844
May 20267236

Redfin, through May 2026

How does Rock Springs compare to Wyoming and the U.S.?

Rock Springs homes sell for $283,250 — 39% below the Wyoming median of $464,500. Against the national median of $410,700, Rock Springs runs 31% lower. Year-over-year, Rock Springs moved -17.2% against Wyoming's +18.0% — a smaller swing than the state as a whole.

Rock Springs, WY compared with Wyoming and the United States
MarketMedian sale priceYoYDays on market
Rock Springs, WY$283,250-17.2%43 days
Wyoming statewide$464,500+18.0%51 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Rock Springs

What buyers should watch

  • Months of supply, currently 2.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 36.1%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $291 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $290,316 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Rock Springs listing goes under contract in 43 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 97.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Rock Springs added 36 new listings against 30 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -3.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Rock Springs varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Rock Springs

There are currently 72 homes listed for sale in Rock Springs, Wyoming. The median listing price is $332K. Featured listings range from $135,000 to $865,000.

3 bedroom mobile home for sale at 443 Valley View Ln Lot 22 Rock Springs 82901 - $135,000
New Listing
23
$135,000

443 Valley View Ln Lot 22

Rock Springs, WY 82901

3 bd2 ba1,001 sqft$135/ft²
Mobile home
View photos & details
2 bedroom house for sale at 3280 Roosevelt Way Apt A Rock Springs 82901 - $179,900
New Listing
29
$179,900

3280 Roosevelt Way Apt A

Rock Springs, WY 82901

2 bd2 ba1,152 sqft$156/ft²
House6,098 sqft lot
View photos & details
3 bedroom condo townhome rowhome coop for sale at 306 Polk St Rock Springs 82901 - $210,000
New Listing
21
$210,000

306 Polk St

Rock Springs, WY 82901

3 bd2 ba1,255 sqft$167/ft²
condo townhome rowhome coop3,049 sqft lot
View photos & details
4 bedroom house for sale at 1111 Continental St Rock Springs 82901 - $315,000
Price Drop −$20K
22
$315,000

1111 Continental St

Rock Springs, WY 82901

4 bd3 ba2,376 sqft$133/ft²
House12,197 sqft lot
View photos & details
3 bedroom house for sale at 3119 Scott Cir Rock Springs 82901 - $340,000
New Listing
24
$340,000

3119 Scott Cir

Rock Springs, WY 82901

3 bd2 ba1,908 sqft$178/ft²
House5,663 sqft lot

Mable Clairice Still · HomeSmart Realty Group

View photos & details
3 bedroom house for sale at 512 Dana Cir Rock Springs 82901 - $368,900
New Listing
34
$368,900

512 Dana Cir

Rock Springs, WY 82901

3 bd3 ba2,104 sqft$175/ft²
House6,098 sqft lot

Amanda Potts · Above Realty, LLC

View photos & details
6 bedroom house for sale at 409 Emerald St Rock Springs 82901 - $385,000
New Listing
19
$385,000

409 Emerald St

Rock Springs, WY 82901

6 bd3 ba2,888 sqft$133/ft²
House12,632 sqft lot
View photos & details
4 bedroom house for sale at 2326 Cripple Creek Dr Rock Springs 82901 - $399,900
New Listing
45
$399,900

2326 Cripple Creek Dr

Rock Springs, WY 82901

4 bd3 ba1,972 sqft$203/ft²
House6,970 sqft lot
View photos & details
4 bedroom house for sale at 200 Sheep Creek Dr Rock Springs 82901 - $474,900
New Listing
49
$474,900

200 Sheep Creek Dr

Rock Springs, WY 82901

4 bd3 ba2,771 sqft$171/ft²
House16,117 sqft lot
View photos & details
5 bedroom house for sale at 216 Chardonnay Ln Rock Springs 82901 - $495,000
New Listing
42
$495,000

216 Chardonnay Ln

Rock Springs, WY 82901

5 bd3 ba3,288 sqft$151/ft²
House9,583 sqft lot
View photos & details
7 bedroom house for sale at 3001 Driftwood Ln Rock Springs 82901 - $639,900
New Listing
50
$639,900

3001 Driftwood Ln

Rock Springs, WY 82901

7 bd4 ba5,004 sqft$128/ft²
House10,019 sqft lot
View photos & details
6 bedroom house for sale at 2851 Mustang Dr Rock Springs 82901 - $865,000
New Listing
50
$865,000

2851 Mustang Dr

Rock Springs, WY 82901

6 bd3 ba4,386 sqft$197/ft²
House39,204 sqft lot
View photos & details

Looking to buy in Rock Springs?

Get connected with a local real estate expert — free, no obligation.

Active listings

72

Homes on market

Median list price

$332K

Avg. days on market

43

Days until sale

New this week

36

Newly listed

Price drops:36.1%of listings
Sale-to-list:97.8%

How much do homes cost in Rock Springs by property type?

How the Rock Springs, WY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Rock Springs, WY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$283,250$155/sq ft3043 days
Townhouse$150,000$62/sq ft135 days

Who lives in Rock Springs?

American Community Survey estimates for Rock Springs. U.S. Census ACS, 2023

Population

23,229

Households

9,335

Median income

$73,307/yr

Median age

35.8 years

Owner-occupied

71.8%

Median home value

$245,600

Median gross rent

$943/mo

Mean commute

19.6 min

71.8% of occupied homes in Rock Springs are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $245,600 against Zillow's $290,316 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $943/mo, below Zillow's $1,172/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Rock Springs?

11 schools tracked · 4,674 students

The largest public schools serving Rock Springs, WY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Rock Springs High School

Grades 9-12 · 1,466 students

Public

Rock Springs Junior High

Grades 7-8 · 745 students

Public

Pilot Butte Elementary

Grades 4-6 · 552 students

Public

Eastside Elementary

Grades 4-6 · 500 students

Public

Stagecoach Elementary

Grades K-3 · 395 students

Public

Sage Elementary

Grades K-3 · 363 students

Public

Walnut Elementary

Grades K-3 · 207 students

Public

Desert View Elementary

Grades K-3 · 180 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Rock Springs, WY?

Ordered by distance from Rock Springs, not by size. Compare Rock Springs side by side with any of them.

Which ZIP codes are in Rock Springs?

These are the ZIP codes we see on active Rock Springs listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Rock Springs housing market FAQ

Is Rock Springs a buyer's or seller's market?

Rock Springs, WY is currently a seller's market. That read comes from 2.4 months of supply, homes going under contract in about 43 days, and sellers getting 97.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Rock Springs?

The typical home in Rock Springs, WY is worth $290,316 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $283,250, about $155 per square foot.

Is Rock Springs cheaper than the rest of Wyoming?

Rock Springs's median sale price of $283,250 is 39% lower than the Wyoming statewide median of $464,500, and 31% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Rock Springs?

Homes in Rock Springs, WY spent a median of 43 days on market before going under contract, versus 51 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Rock Springs?

At the current 30-year fixed rate of 7.03%, 20% down on a $290,316 home is about $1,550 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $66,423 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $73,307.

Are home prices rising in Rock Springs?

The typical home value in Rock Springs, WY fell 3.1% over the last 12 months, from $299,496 to $290,316 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Rock Springs?

Rock Springs ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Rock Springs?

That depends on your timeline, not on a headline. What the data says today: Rock Springs, WY is a seller's market with 2.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.6x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.