Wyoming (WY) housing market
Cool MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: September 2026
Market snapshot
- Median sale price
- $395K
- Median days on market
- 48 days
- Months of supply
- 4.0
- Active inventory
- 2,957
- Homes sold
- 590
- Sale-to-list ratio
- 97.5%
- Listings with price drop
- 18.7%
- Data month
- September 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Balanced
- Buyer leverage
- Medium
- Pricing signal vs. U.S. median
- Near U.S. median (price only)
- Investor fit (heuristic)
- Negotiation
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cool Market
Buyer activity is slowing, creating more negotiating room.
Wyoming market summary
The Wyoming housing market is cooling down. As of September 2026, the median home sale price is $395K, up 8.9% year-over-year. Homes are spending a median of 48 days on the market, 4.3% longer than a year ago.
There are 2,957 homes for sale — 6.4% fewer than last year. With 4.0 months of supply, this is a balanced market. 719 new listings were added during this period, down 4.9% year-over-year.
Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 7.0% of homes sell above their asking price. 18.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage.
Wyoming market trends
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Detailed market metrics
Median list price
$388K
Price per sq ft
$188
Sale-to-list ratio
97.5%
Months of supply
4.0
Sold above list
7.0%
Price drops
18.7%
New listings
719
↓ 4.9% YoY
Pending sales
656
Wyoming housing market FAQs
What is the median home price in Wyoming?
For the latest published month, the median sale price in Wyoming is $395K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Wyoming a buyer's or seller's market?
With about 4.0 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.
How long do homes stay on the market in Wyoming?
For the latest published month, the median days on market in Wyoming is 48 days — half of homes went pending faster and half slower.
Is Wyoming good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Wyoming can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Wyoming?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Wyoming deals.
Metro markets in Wyoming
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
Cheyenne, WY
$400K median · 23 days on market
Casper, WY
$365K median · 33 days on market
Jackson, WY
$1.40M median · 98 days on market
Sheridan, WY
$425K median · 62 days on market
Rock Springs, WY
$309K median · 49 days on market
Riverton, WY
$248K median · 57 days on market
Laramie, WY
$395K median · 18 days on market
Evanston, WY
$328K median · 67 days on market
Gillette, WY
$377K median · 136 days on market
More Wyoming housing market data
Compare how Wyoming fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a Wyoming rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.