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Old 05-03-2010, 01:13 PM
 
Location: Austin, TX
16,783 posts, read 43,737,554 times
Reputation: 9387

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I see people saying that it is hard to find housing in most places in Wyoming. Is this correct? This strikes me as odd considering that median house prices seem almost the same as in many other places. So shouldn't there be sufficient incentive for builder's to build more houses in the areas that need them? What is it about "supply and demand" that isn't working here?

Median house or condo value
Casper: $195,000
Cheyenne: $173,617
Cody: $201,493
Evanston: $163,333
Gillette: $185,029
Green River: $198,413
Jackson: $473,705
Lander: $185,303
Laramie: $219,537
Rawlins: $135,613
Riverton: $161,246
Rock Springs: $189,398
Sheridan: $173,713
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Old 05-03-2010, 01:20 PM
 
Location: Austin, TX
16,783 posts, read 43,737,554 times
Reputation: 9387
I found another thread that discusses this in detail. I would delete this one but City Data won't let me for some reason. //www.city-data.com/forum/wyomi...hortage-2.html
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Old 05-03-2010, 07:39 PM
 
Location: Wyoming
9,728 posts, read 18,750,504 times
Reputation: 14684
That's a pretty old thread anyway, and I think the shortage problem has been resolved, at least here in Gillette it has. I think it's somewhat of a buyers' market here now, just from what I see and hear. Lots of apartments available too. Two or three years ago new residents here were living in hotel rooms for months because nothing was available.

I would assume that's pretty much statewide, especially since oil and natural gas prices have dropped, and the demand for coal/electricity has slipped with the recession.
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Old 05-03-2010, 08:05 PM
 
Location: Cabin Creek
3,118 posts, read 4,932,569 times
Reputation: 2207
lots of new spec homes here
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Old 05-03-2010, 10:22 PM
 
Location: North Platte,NE
36 posts, read 128,953 times
Reputation: 22
YEa yer smaller towns are gonna be hard.If ya want a house like in Newcastle, Upton, and so on yer probally gonna have to build one.
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Old 05-03-2010, 11:12 PM
 
1,872 posts, read 3,777,261 times
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My brother is moving to Thermop and they had a heck of a time finding a home in their price range. Either they were way too small or old and in bad shape for the price or lower, or they were a lot higher priced. Being they own another home in Montana that they plan on retiring to (her son is renting it from them so they are still paying part of the payment, etc.) they are unable to get a house in the higher price bracket. They only had a couple to choose from in the $140-$160K range. They did get a 6 br, 3 ba, modular with 2 car garage (house 3200 sq/ft finished) on a full basement on a 15K sq ft lot for $150K plus the seller is giving them a $10K allowance to get new flooring, etc. It needs some TLC and cosmetic work as well as a few updates that aren't too expensive, so they think they got a pretty good deal considering there just wasn't much at all in their price range. Thermop is one town that hasn't jumped on the "twin home" bandwagon. There are a lot of towns where you can get a new twin home in this price range, but not Thermop. Most homes that they would consider decent (and not that big...they really didn't need one as large as they got) were at the $200K or up mark. So I guess it all depends on which town you're considering. As said before, there is a lot more available here in Gillette than there was when we moved here almost 2 years ago.
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Old 05-30-2010, 06:34 AM
 
47 posts, read 98,014 times
Reputation: 47
The problem we were having in Rock Springs was the oilfield, there were so many people coming here that some of the companies were housing their guys in hotels around here. They just couldn't build 'em fast enough, although it seems to be calming down a bit.
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Old 05-30-2010, 10:24 AM
 
Location: Cabin Creek
3,118 posts, read 4,932,569 times
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got stuck in Rock Springs a few years ago, the Motel close to the Shop where a suburban was being fixed was almost all oil(gas) field workers , the truckes started idlling at 3 in the morning
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