The housing market in Cheyenne, WY has been steadily increasing over the past year. The median value of houses in Cheyenne is currently $325,700, which is lower than the US House Median Value of $338,100. However, the house appreciation rate in Cheyenne is higher than the US average at 11.48%, compared to 8.27%. This shows there has been a positive trend in the housing market of Cheyenne and that it may be a good time for buying or selling a home in this area.
The median home cost in Cheyenne is $325,700. Home appreciation the last 10 years has been 88.0%. Home Appreciation in Cheyenne is up 14.9%.
Average Age of Homes
- The median age of Cheyenne real estate is 45 years old
The Rental Market in Cheyenne
- Renters make up 34.2% of the Cheyenne population
- 1.1% of houses and apartments in Cheyenne, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.