The Wyoming Real Estate Market: 2024 Trends

I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Wyoming

💡 Key Wyoming housing market facts

Data PointValueRankCompared to National Avg
Typical Home Value $344,250[1]#24 of 50 states6.1% lower
Median Listing Price $449,000[2]#20 of 50 states2.7% higher
Median Sale Price $370,900[3]#29 of 50 states9.1% lower
30 Year Mortgage Rate 6.98%[4]#23 of 50 states0.1% higher
Median Days on Market 72[5]#48 of 50 states44.2% longer
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🗺️ Buying a house in the Wyoming real estate market

Wyoming has an affordability score of 5.7, meaning it takes 5.7 years of the median household income ($65,304) to afford Wyoming's median home sale price ($370,900). Because of this, we rank Wyoming as the 23rd most affordable state for buyers based strictly on prices compared to income.

Data PointValueRankCompared to National Avg
Median Sale Price $370,900[6]#29 of 50 states9.1% lower
30 Year Mortgage Rate 6.98%[7]#23 of 50 states0.1% higher
Median Household Income $65,304[8]#20 of 50 states1.2% higher
Affordability Ratio 5.7#23 of 50 states9.1% lower
Buyers Agent Commission 2.50%[9]#11 of 50 states6.5% lower
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Resources for Wyoming home buyers

🗺️ Selling a house in the Wyoming real estate market

According to our detailed survey of Wyoming real estate agents, listing agents (those representing the seller) charge an average commission in Wyoming of 3.5%, which is the highest in the United States. Buyers' agents charge an average commission of 2.5%, which is the 11th lowest in the United States.

Data PointValueRankCompared to National Avg
Median Listing Price $449,000[10]#20 of 50 states2.7% higher
Median Sale Price $370,900[11]#29 of 50 states9.1% lower
Median Days on Market 72[12]#48 of 50 states44.2% longer
Buyer's Agent Commission 2.50%[13]#11 of 50 states6.5% lower
Listing Agent Commission 3.50%[14]#50 of 50 states22.5% higher
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Resources for Wyoming home sellers

Moving to Wyoming

According to our recent moving trends survey[15], 7% of Americans indicated that they would choose to move to Wyoming if money were no object.

Here's how Wyoming cities rank in a number of our research studies.

StudyBest Wyoming cityRank
Best Pizza Cities[16]No ranking Wyoming citiesNo ranking Wyoming cities
Best Coffee Cities[17]No ranking Wyoming citiesNo ranking Wyoming cities
Best LGBTQ Cities[18]No ranking Wyoming citiesNo ranking Wyoming cities
Best Bike Cities[19]No ranking Wyoming citiesNo ranking Wyoming cities
Best Commuter Cities[20]No ranking Wyoming citiesNo ranking Wyoming cities
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Article Sources

[1] Zillow – "Zillow Home Value Index". Updated April 30, 2024.
[2] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[3] Redfin – "Redfin Data Center". Updated March 2024.
[4] Bankrate – "Bankrate". Updated May 2024.
[5] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[6] Redfin – "Redfin Data Center". Updated March 2024.
[7] Bankrate – "Bankrate". Updated May 2024.
[8] US Census – "US Census, 2020 American Community Survey". Updated 2020.
[9] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated May 2024.
[10] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[11] Redfin – "Redfin Data Center". Updated March 2024.
[12] Realtor.com – "Realtor.com Data Library". Updated March 2024.
[13] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated May 2024.
[14] Clever Real Estate – "Clever Real Estate survey of American real estate agents". Updated May 2024.
[15] Home Bay – "Half of Americans Are Surprised by How Much It Costs to Move". Updated February 26, 2024.
[16] Clever Real Estate – "The 15+ Best Pizza Cities in America". Updated February 12, 2024.
[17] Clever Real Estate – "The Best (and Worst) Coffee Cities in America". Updated January 12, 2024.
[19] Clever Real Estate – "The Most Bike-Friendly Cities in the U.S.". Updated July 17, 2023.
[20] Clever Real Estate – "The Best (and Worst) Cities for Commuters". Updated September 21, 2023.

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