Laramie, WY metro area Housing Market

Cold Market

Comprehensive housing market data for the Laramie, WY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$415K

2.3% YoY

Days on Market

58 days

11.5% YoY

Active Inventory

58

18.3% YoY

Homes Sold

16

15.8% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Laramie, WY metro area Market Summary

The Laramie, WY metro area housing market is cooling down. As of March 2026, the median home sale price is $415K, up 2.3% year-over-year. Homes are spending a median of 58 days on the market, 11.5% longer than a year ago.

There are 58 homes for sale — 18.3% fewer than last year. With 3.6 months of supply, this is a seller's market. 32 new listings were added during this period, down 34.7% year-over-year.

Homes are selling for 91.1% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 12.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 3.6
Days on Market 58
Price Drops 12.1%
Sale-to-List Ratio 91.1%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 5.1%
Days on Market (National: 55) 5.5%
Inventory (National: 1,314,690) 100.0%

vs. Wyoming Median

Median Price (Wyoming: $441K) 6.0%
Days on Market (Wyoming: 69) 15.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage.

Laramie, WY metro area Market Trends

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Detailed Market Metrics

Median List Price

$428K

Price per Sq Ft

$214

Sale-to-List Ratio

91.1%

Months of Supply

3.6

Sold Above List

0.0%

Price Drops

12.1%

New Listings

32

34.7% YoY

Pending Sales

36

Off Market in 2 Weeks

47.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.