Wednesday, February 4, 2026 / by Steve Laakso
Gillette, WY Housing Market Update – January 2026 Overview
Published by the Steve Laakso Real Estate Team
Steve Laakso & Camarae Kelley, Licensed REALTORS® (Since 2002)
Brokerage: Signature Real Estate Group
1211 S Douglas Hwy, Suite 90, Gillette, WY 82716
Last Updated: February 4, 2026
Steve Laakso & Camarae Kelley, Licensed REALTORS® (Since 2002)
Brokerage: Signature Real Estate Group
1211 S Douglas Hwy, Suite 90, Gillette, WY 82716
Last Updated: February 4, 2026
Listen here!
The January 2026 housing market in Gillette is off to a steady start, with balanced inventory levels and consistent buyer interest. This monthly update provides a clear look at recent market activity to help buyers, sellers, and homeowners better understand local housing conditions as the new year gets underway.
All market statistics included in this report are sourced directly from the NEWRE MLS.
January 2026 Snapshot: Key Market Metrics
• Active listings: 81 homes
• Homes under contract: 65
• Closed sales: 27 homes
• Average days on market: 105 days
• Average sales price: $314,683
Inventory and Buyer Activity
With 81 active homes available and 65 properties under contract, the market shows a relatively even flow between new listings and pending sales. This level of under-contract activity suggests that well-positioned and appropriately priced homes are continuing to attract buyers, even with seasonal winter conditions. For buyers, this inventory level offers options without the extreme competition seen in tighter markets. For sellers, it reinforces the importance of pricing accuracy and property condition when entering the market.
Sales Pace and Days on Market
Homes that sold in January spent an average of 105 days on the market, indicating a measured pace rather than rapid turnover. This timeline is consistent with a market where buyers are taking time to evaluate options and where sellers may need to plan for longer marketing periods. Extended days on market can also reflect pricing adjustments, negotiation periods, or winter-related showing limitations - factors that are common during January.
Home Prices and Market Positioning
The average sales price of $314,683 provides a useful benchmark for current market value in Gillette. This figure represents the average of closed transactions during the month and should be viewed as a reference point rather than a predictor of individual home value.
Pricing outcomes continue to depend on location, home condition, size, and recent comparable sales rather than list price alone.
The January 2026 Gillette housing market reflects steady conditions with balanced activity, moderate pricing, and a deliberate sales pace. While not defined by rapid shifts, the market continues to function consistently as the year begins.
How January 2026 Compares to a Typical Winter Market in Gillette
Winter months in Gillette traditionally reflect a slower real estate pace compared to spring and summer, and January 2026 aligns closely with those seasonal patterns. Longer average days on market and moderate sales volume are common during this time of year due to weather conditions, holiday timing, and buyer behavior. Reduced daylight hours and winter travel considerations often limit showing activity, which can extend marketing timelines even for well-priced homes. At the same time, buyers who remain active during winter months tend to be more deliberate, taking additional time to evaluate properties and complete due diligence. Sales volume in January is also typically lower than in peak seasons, not necessarily because of reduced demand, but because fewer sellers choose to list during winter. As a result, the 24 closed sales recorded this month. This is the lowest number of homes sold in January for the past 6 years. A couple of factors play into this. Low inventory – most Sellers are waiting until Spring to list, thinking that is when most buyers will be looking. Interest rates – the interest rates have been coming down but some buyers are waiting until it gets down to the “magic number” that they have in their mind. In the end this can cost both the buyers and sellers time and money. The number of pending homes is up 20+ homes compared to last year meaning that there are plenty of buyers looking at this time. If you are considering Buying or Selling right now, I would take advantage of the market NOW!
Have Questions? Ask us!
Text BLOG to (307) 228-4452 to get started today!
Brokerage: Signature Real Estate Group
Located at 1211 S Douglas Hwy Ste 90, Gillette, WY 82716
Office phone (307)670-9222
www.campbellcountywyhomes.com
Located at 1211 S Douglas Hwy Ste 90, Gillette, WY 82716
Office phone (307)670-9222
www.campbellcountywyhomes.com

