WyomingHousing Market

Name: Wyoming Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Wyoming is a balanced market, giving buyers and sellers room to negotiate. With 4 months of supply and homes averaging 48 days on the market, you can make decisions without the pressure of a highly competitive market.

Written By Jai CDigital Marketing Manager

Reviewed By Deepika RHousing Market Analyst

Wyoming Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends

Verified Data

Updated Monthly

Fast Insights

Real-time Analytics

September 2026

Last updated

Live MLS Data |3 active homes tracked

#15 in Nation

Wyoming Real Estate Market Snapshot

MEDIAN HOME PRICE

$394,865↑ 8.90%

In Sep 2026 . YoY

Oct 2021Nov 2024Sep 2026

MORTGAGE RATES 30-YR 30-YR FIXED

7.24%↓ 0.08%

Current rate . WoW

LOAN TYPE

30-Year Fixed

STATUS

Balanced Market

DAYS ON MARKET

↑ 2.00% YoY

INVENTORY

2,957

↓ 6.40% YoY

Oct 2021Nov 2024Sep 2026

Overview

Predictions

Supply

Demand

Is Now a Good Time to Buy or Sell in Wyoming? Here's What We Think.

It depends on your goals, but Wyoming offers a relatively balanced market for both buyers and sellers. Homes are averaging 48 days on the market, with 4 months of supply. The median sale price is $394,865, and home sales saw a marginal change from last year. Buyers have room to negotiate, while sellers can still attract serious interest.

Median Sale PriceHomes SoldMedian Days on Market

Median Sale Price

$394,865

↑ 8.90%YoY

Homes Sold

590

↓ 4.60%YoY

Median Days on Market

↑ 2YoY

What this chart showsMedian Sale Price

This metric shows how home prices are trending in Wyoming. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Wyoming

Updated MonthlyLast Updated: September 2026

Want to explore markets by city?

View detailed city insights.

Wyoming Housing Market Forecast for 2026

Wyoming's housing market is expected to be balanced in 2026, with modest price growth, steady inventory, and stable conditions for both buyers and sellers. Sellers who'd rather not wait it out can still get multiple cash offers in Wyoming right now.

Market Outlook:

Home prices expected to rise modestly by 2-4%, reflecting sustainable growth
Months of supply forecast to sit around 4-6, keeping the market steady
Neither buyers nor sellers hold a clear advantage, keeping negotiations balanced

Will the Wyoming Housing Market Crash in 2026?

Expert consensus points to no. Wyoming benefits from strong buyer demand and limited housing supply, conditions that support prices rather than undermine them. Sellers should expect continued interest and quick sales through 2026, with little pressure to discount.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
48 days
Months of Supply:
4 months
Sale-to-List Ratio:
97.5%
Mortgage Rates:
Currently- 7.24% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Wyoming Right Now?

Wyoming has a steady flow of homes coming onto the market, keeping inventory relatively balanced. There are currently 2,957 active listings and 4 months of supply, giving buyers a reasonable selection without creating excessive competition among sellers. There were 719 new listings last month, while inventory changed by 6.4% year-over-year.

Homes for SaleNewly Listed HomesMonths of Supply

Homes for Sale

2,957

↓ 6.40%YoY

Newly Listed Homes

719

↓ 4.90%YoY

Months of Supply

↓ 0%YoYBalanced Market

What this chart showsHomes for Sale

This chart shows the total number of homes currently available for sale in Wyoming. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Wyoming

Updated MonthlyLast Updated: September 2026

Are Buyers or Sellers Controlling the Wyoming Market?

Buyers and sellers have relatively equal footing in the Wyoming housing market. Homes are selling for 97.5% of their asking price, and price reductions saw no change year-over-year. Neither side has a clear advantage, leaving room for both to negotiate.

Homes Sold Above List PriceSale-to-List Ratio

Homes Sold Above List Price

7.6%

↑ 1.30%YoY

Sale-to-List Ratio

97.5%

↑ 0.20%YoYBalanced Market

What this chart showsSold Above List

The line tracks the share of homes selling above their asking price over time. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

Wyoming

Updated MonthlyLast Updated: September 2026

Explore Wyoming Housing Markets by City

Compare median listing prices, homes sold, and newly listed properties across Wyoming's top cities.

Highest Median Price

laramie

$400,000

Most Affordable

casper

$289,950

Most Homes Sold

cheyenne

126 sold

Most New Listings

cheyenne

130 listed

Wyoming Average Price

$355,362

4-city average

Housing Market by City

CityMedian PriceMedian Listing PriceHomes SoldNewly ListedDays on MarketMonths of SupplyTrendMarket Trend

laramie

$400k$400,0001427373.00Seller

sheridan

$367k$366,5002435614.10Balanced

cheyenne

$365k$364,999126130271.40Seller

casper

$290k$289,9507083542.10Balanced

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Frequently Asked Questions

How have home prices changed in Wyoming over the past year?

Wyoming's median home price is currently $394,865, a 8.9% change year-over-year. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

Are home prices dropping in Wyoming?

Currently, home prices are stable with localized variations across different counties and cities. Experts forecast growth in Wyoming home prices through 2026, although increased inventory may moderate prices in overvalued areas.

What's the average price for a house in Wyoming?

The average cost of a home in Wyoming typically ranges from $750,528 for condos to $388,895 for single-family homes, depending on location, size, and market conditions.

What are the Wyoming housing market predictions in 2026 and beyond?

The housing market in Wyoming is expected to stabilize in 2026, alongside rising mortgage rates. Our housing market predictions suggest that the supply of Wyoming houses should increase enough to stabilize price growth.

What is a good time to buy a home in Wyoming?

Typically, from August to December is the best time to buy when supply is high and demand is low. You must check the current market trends in home prices and inventory in Wyoming. If mortgage rates are stable, the median market time is more than 70 days, with more than 5 months of supply, it's the best time to buy a house in Wyoming.

What are the steps to buying houses in Wyoming?

As a buyer, you should keep an eye on price changes and inventory levels. If you're buying a house in Wyoming, you should get a mortgage pre-approval and budget for a down payment of at least 10%.

How can I list my home for sale in Wyoming?

You can list your home for sale with a Flat Fee MLS Wyoming listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in Wyoming?

The average mortgage rate for buyers in the Wyoming real estate market fluctuates between 6% to 8%. Always check your credit score and current mortgage rates with lenders before you apply.

When will the housing market crash in Wyoming?

A housing market crash in Wyoming is unlikely in the near future. Prices remain well above pre-COVID levels and continue to show resilience. Most forecasts point to slower growth or mild corrections rather than a sharp drop through 2026. However, it is wise to track local market trends and expert forecasts before making an investment decision.

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

Based on information from REcolorado®, Inc.through Nov 5, 2026, 7:01 PM. Not all properties were listed and/or closed by Company. This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market. Some IDX listings have been excluded from this website. Any use search of data on the website, other than by a consumer looking to purchase real estate, is prohibited. If Houzeo suspect “scraping” of the data has occurred, the suspicion and any evidence will be reported to the MLS. IDX information is provided exclusively for consumers' personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by REcolorado®. The use of the IDX Data may be subject to an end user license agreement prescribed by REcolorado® as amended from time to time.
Based on information submitted to the MLS GRID as of Nov 5, 2026, 7:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2026 REcolorado®, Inc. All Rights Reserved.

Based on information from the Snake River Regional MLS through Nov 5, 2026, 7:00 PM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. While the data is considered reliable, it is not guaranteed by the MLS and should be independently verified for accuracy. © 2026 Snake River Regional Multiple Listing Service (owned and operated by the Greater Idaho Falls Association of REALTORS®, the Greater Blackfoot Association of REALTORS®, and the Upper Valley Association of REALTORS® . All Rights Reserved.