Cheyenne, Wyoming Real Estate Market Analysis

dynamic.RE

Cheyenne, Wyoming

6 ZIPs in this city:82001 82002 82003 82007 82009 82010

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-21.5%

Faster

Price vs US

113%

Above avg

Median Listing Price

$539K

Population

94,953

Households

40,862

Median Days on Market

Active Listings

284

New Listings

160

Housing Market

Pricing

Median Listing Price

$539K+3.4% YoY

Average Listing Price

$588K-2.9% YoY

Price per Sq Ft

$202.021+3.9% YoY

Median Sq Ft

2,716-3.6% YoY

Inventory

Active Listings

284-17.0% YoY

New Listings

160-1.2% YoY

Total Listings

473-13.2% YoY

Buyer Competition

Pending Listings

190-7.8% YoY

Pending Ratio

0.67+11.3% YoY

Median Days on Market

38-2.6% YoY

Price Reduced

8.4%-40.9% YoY

Units & Occupancy

2024 Occupancy

46Kunits

Occupied43,27994.8%
Vacant2,3805.2%

2024 Tenure

43Koccupied

Owner30,53770.6%
Renter12,74229.4%

Renter Share

29.4%+0.8% YoY

Total Housing Units

45,659+1.4% YoY

FY2026 Fair Market Rent — Laramie County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$809

/month

1 BR

$917

/month

2 BR

$1,174

/month

3 BR

$1,633

/month

4 BR

$1,969

/month

FMR Trends — Laramie County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

94,953-0.2% YoY

2024 Age Mix

95Kresidents

Under 1821,55122.7%
Adults 18–6457,15960.2%
65 & Over16,24317.1%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.60-0.2% YoY

Population Under 18

21,551-1.0% YoY

Population 65 & Over

16,243+1.9% YoY

Households & Mobility

Total Households

40,862+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.30-1.2% YoY

2024 Residential Mobility

of residents

Same house84.3%
Moved (within US)15.2%
Other0.5%

Veterans

13.3%-1.7% YoY

Income & Poverty

Median Household Income

$82K+2.0% YoY

Per-Capita Income

$43K+1.0% YoY

Mean Household Income

$99K+0.1% YoY

Below Poverty Level

8.6%-10.6% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.3%
Worked from home9.2%
Other11.1%

Worked From Home

9.2%+8.9% YoY

Mean Commute

17.19-1.6% YoY

Units & Tenure

Total Housing Units

43,163+0.7% YoY

2024 Occupancy

43Kunits

Occupied40,86294.7%
Vacant2,3015.3%

2024 Tenure

41Khouseholds

Owner28,39469.5%
Renter12,46830.5%

Avg Household Size — Owner

2.41-1.8% YoY

Avg Household Size — Renter

2.04+0.9% YoY

County Demographics

Median Age

38.52024

Population

Laramie County Population

101,783+0.7% YoY

Households

Total Households

43,279+1.8% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.30-1.3% YoY

Age

2024 Age Mix

101Kresidents

Under 1822,64422.4%
Adults 18–6460,89160.3%
65 & Over17,52517.3%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

22,644-1.0% YoY

Population 65 & Over

17,525+3.1% YoY

Median Age

38.50+0.8% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.5%
Moved (within US)15.0%
Other0.5%

Veterans

13.2%-2.2% YoY

County Economy

Income

Median Household Income

$80K+2.9% YoY

Per-Capita Income

$43K+1.0% YoY

Mean Household Income

$99K+0.1% YoY

Poverty

Below Poverty Level

8.9%-10.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.1%
Public transit0.3%
Worked from home9.1%
Other11.5%

Worked From Home

9.1%+8.3% YoY

Mean Commute

17.80-0.6% YoY

Cheyenne, Wyoming

6 ZIPs in this city:82001 82002 82003 82007 82009 82010

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-21.5%

Faster

Price vs US

113%

Above avg

Median Listing Price

$539K

Population

94,953

Households

40,862

Median Days on Market

Active Listings

284

New Listings

160

Housing Market

Pricing

Median Listing Price

$539K+3.4% YoY

Average Listing Price

$588K-2.9% YoY

Price per Sq Ft

$202.021+3.9% YoY

Median Sq Ft

2,716-3.6% YoY

Inventory

Active Listings

284-17.0% YoY

New Listings

160-1.2% YoY

Total Listings

473-13.2% YoY

Buyer Competition

Pending Listings

190-7.8% YoY

Pending Ratio

0.67+11.3% YoY

Median Days on Market

38-2.6% YoY

Price Reduced

8.4%-40.9% YoY

Units & Occupancy

2024 Occupancy

46Kunits

Occupied43,27994.8%
Vacant2,3805.2%

2024 Tenure

43Koccupied

Owner30,53770.6%
Renter12,74229.4%

Renter Share

29.4%+0.8% YoY

Total Housing Units

45,659+1.4% YoY

FY2026 Fair Market Rent — Laramie County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$809

/month

1 BR

$917

/month

2 BR

$1,174

/month

3 BR

$1,633

/month

4 BR

$1,969

/month

FMR Trends — Laramie County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

94,953-0.2% YoY

2024 Age Mix

95Kresidents

Under 1821,55122.7%
Adults 18–6457,15960.2%
65 & Over16,24317.1%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.60-0.2% YoY

Population Under 18

21,551-1.0% YoY

Population 65 & Over

16,243+1.9% YoY

Households & Mobility

Total Households

40,862+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.30-1.2% YoY

2024 Residential Mobility

of residents

Same house84.3%
Moved (within US)15.2%
Other0.5%

Veterans

13.3%-1.7% YoY

Income & Poverty

Median Household Income

$82K+2.0% YoY

Per-Capita Income

$43K+1.0% YoY

Mean Household Income

$99K+0.1% YoY

Below Poverty Level

8.6%-10.6% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.3%
Worked from home9.2%
Other11.1%

Worked From Home

9.2%+8.9% YoY

Mean Commute

17.19-1.6% YoY

Units & Tenure

Total Housing Units

43,163+0.7% YoY

2024 Occupancy

43Kunits

Occupied40,86294.7%
Vacant2,3015.3%

2024 Tenure

41Khouseholds

Owner28,39469.5%
Renter12,46830.5%

Avg Household Size — Owner

2.41-1.8% YoY

Avg Household Size — Renter

2.04+0.9% YoY

County Demographics

Median Age

38.52024

Population

Laramie County Population

101,783+0.7% YoY

Households

Total Households

43,279+1.8% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.30-1.3% YoY

Age

2024 Age Mix

101Kresidents

Under 1822,64422.4%
Adults 18–6460,89160.3%
65 & Over17,52517.3%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

22,644-1.0% YoY

Population 65 & Over

17,525+3.1% YoY

Median Age

38.50+0.8% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house84.5%
Moved (within US)15.0%
Other0.5%

Veterans

13.2%-2.2% YoY

County Economy

Income

Median Household Income

$80K+2.9% YoY

Per-Capita Income

$43K+1.0% YoY

Mean Household Income

$99K+0.1% YoY

Poverty

Below Poverty Level

8.9%-10.1% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.1%
Public transit0.3%
Worked from home9.1%
Other11.5%

Worked From Home

9.1%+8.3% YoY

Mean Commute

17.80-0.6% YoY