Wyoming Housing Market Report & Home Prices

Wyoming housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means for

Wyoming Housing Market Report

Wyoming is currently a balanced market. The median sale price sits near $372,000, up 2.2% from a year ago, with roughly 37,316 active listings and 3.9 months of supply. Homes are going under contract in about 39 days on average.

Wyoming by the numbers

What makes the Wyoming market different

Wyoming's median sale price of $372,000 is 11.3% below the $419,300 national median, which places it 27 of 51 states by price level. Year-over-year appreciation of 2.2% ranks 37 of 51, so Wyoming is currently a middle-of-the-pack state relative to the rest of the country.

Inside the Mountain region, the median state price is $469,000, so Wyoming runs 20.7% cheaper than its regional peers — the closest comparisons are Colorado at $578,000, Utah at $542,000, Montana at $469,000, Idaho at $468,000. That gap matters for loan sizing: at the same rate, a Wyoming file carries roughly $97,000 less balance than the regional median, which changes qualifying income and the value of a rate-and-term option.

No individual Wyoming metro is broken out in this dataset, so the state figure is the most granular number we publish here. For submarket detail, work from county records and your MLS rather than treating the Wyoming median as a local comp.

Wyoming vs the Mountain region and the nation

Mountain states to compare

Wyoming MLO licensing guide · Wholesale lenders serving Wyoming

Market analysis

Wyoming is currently a balanced market. The median sale price sits near $372,000, up 2.2% from a year ago, with roughly 37,316 active listings and 3.9 months of supply. Homes are going under contract in about 39 days on average.

Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Wyoming runs about $2,486 per month including taxes and insurance, against a median rent near $1,486. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.

Supply is close to balance, with price reductions on about 36% of active listings. Builder incentives are selective, and permits are running near 31,936 annualized units.

For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.

Wyoming housing market questions

Is Wyoming a buyer's or seller's market?

Wyoming currently reads as a balanced market with 3.9 months of supply. Balanced is generally considered four to six months, so this market is close to balance.

What is the median home price in Wyoming?

The median sale price is approximately $372,000 as of 7/24/2026, up 2.2% from a year earlier.

Are home prices falling in Wyoming?

No. Median prices are up about 2.2% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.

How much do I need to buy a home in Wyoming?

The typical down payment on a closed transaction is near $47,006, and the resulting payment at the current national average 30-year fixed rate is roughly $2,486 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.

What is the housing market forecast for Wyoming?

Our directional 12-month range is +0.6% to +4.0% on median price. Confidence is moderate; the rate path is the dominant variable.

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