Cheyenne, WY Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Cheyenne, WY is showing healthy, moderate growth.

  • Steady price growth of 3.2% year-over-year — a balanced market.
  • Price-to-rent ratio: 21.2 — renting may be more affordable in the near term.

Median Home Value

$382,159

ZHVI

Year-over-Year

+3.2%

Price change

5-Year Change

+16%

Since 2021

Median Rent

$1,500/mo

ZORI

Active Listings

329

For sale

State Avg

$355,667

Wyoming

Home Value Trends

5-year Zillow Home Value Index for Cheyenne, WY vs. state and national averages.

Rent Data

Median Rent

$1,500/mo

Rent YoY Change

+5.1%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.