Aug 2026
$387K
+5.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Cheyenne, WY housing market
Cheyenne, WY median sale price $387K in Aug 2026, up 5.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in Cheyenne, WY is $387K as of Aug 2026, up 5.2% from a year earlier. The gain is larger than in most of the 195 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows the same change through Q2 2026.
Cheyenne is the only metro Pecan Street tracks in Wyoming; nationally, the metros closest to it on median sale price ($387K) are Billings, MT ($388K) and Poughkeepsie / Newburgh, NY ($385K). On median days on market (43 days), the closest are Akron, OH (43 days) and Boston, MA (43 days).
Listings spent a median 43 days on market in Sep 2026, fewer than in most of the 195 metros. 29% of active listings carry a price cut, 2.4 points fewer than a year earlier. That share is lower than in most of the 195 metros. Building permits authorized 16 new housing units in Aug 2026.
At the 7.45% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,154 a month; at 28% of gross income, that takes about $92K a year. The median sale price equals about 19 years of HUD Fair Market Rent, a ratio up 1.1% from a year earlier. That ratio is higher than in most of the 195 metros. Active listings ask a median $203 per square foot, up 5.2% from a year earlier.
In two of the three ZIP codes in the table below, median list prices are higher than a year earlier; one is lower.
Headline
Oct 6, 2026
7.45%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,154/mo
$92K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Cheyenne compares to other U.S. metros
| Days on market | ↓168th of 195 |
|---|---|
| Price cuts | ↓166th of 195 |
| Price-to-rent | ↑36th of 195 (top 19%) |
| Home-price growth | ↑40th of 195 (top 21%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 19 +1.1% YoY ↑36th of 195 (top 19%) |
|---|---|
| Asking price / sq ft | $203 +5.2% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 29% -2.4 pts YoY ↓166th of 195 |
|---|---|
| New housing units permitted | 16 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 3 shown of 10 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.0ppRedfin (city) +5.2% | FHFA HPI · Q2 2026 +5.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 82001 | $390K↑ | 118↓ | 44↑ | 38↓ | 40↓ | $352K↑ |
| 82007 | $390K↓ | 65↓ | 32↑ | 24↓ | 36↓ | $327K↑ |
| 82009 | $633K↑ | 157↓ | 74↓ | 40↓ | 41↓ | $498K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.