Is now a good time to buy land in Gillette, Wyoming?
Gillette, Wyoming is currently a strong buyer's market with 160.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
160.5 months of supply
High inventory favors buyers with more choices and negotiating power.
Wyoming does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 8 |
Gillette, Wyoming is currently a strong buyer's market with 160.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Gillette, Wyoming currently has 160.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Gillette, Wyoming typically sells within 147 days of listing. The median time on market is 170 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Gillette, Wyoming saw 8 properties sold. In just the last 3 months, 2 properties changed hands.
The 3-month absorption rate in Gillette, Wyoming is 0.6%. The 12-month rate is 0.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Gillette, Wyoming is 0.6% (3-month basis), indicating slow demand.
There are currently 107 active listings in Gillette, Wyoming. 31 new listings have hit the market in the last 90 days. The median asking price is $110K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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