Wyoming Housing Market

If you're keeping an eye on the Wyoming real estate scene — whether you're a buyer, investor, or just curious — the market has shown solid growth over the past year. From small towns to high-end resort areas, prices are rising, inventory is shifting, and regional trends are creating very different market experiences depending on where you look.

Here's a breakdown of what's happening across the state right now:

• Average home value: Around $353,000
• Annual price increase: Approximately 6% over the past year
• The market shows steady growth, with demand largely driven by out-of-state buyers, retirees, and remote workers seeking open space and affordability.

• Median listing price: ~$425,000
• Market type: Leaning toward a buyer's market
• A balanced inventory of homes and rentals is helping to keep competition moderate. Prices have risen modestly but remain accessible compared to other states.

• Median home price: Over $3 million
• Market type: High-demand, luxury-driven, very limited inventory
• Land protections and affluent buyers keep prices elevated. Jackson remains one of the most exclusive markets in the U.S., with limited development opportunities and strong appreciation over the years.

• Moderate price growth is expected across most of Wyoming, with rural areas remaining more affordable.
• Inventory is slowly improving, which may help stabilize price acceleration.
• Mortgage rates are softening, potentially boosting buyer confidence as the year progresses.
• Affordability concerns are rising in resort towns and high-demand areas, especially for working-class residents.