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Cheyenne, WY

Daily-refreshed real estate signals + Three-Opinion home-price methodology for Cheyenne, WY. Built for agents; free to read.

Cheyenne, WY’s median sale price is $387K as of Aug 2026 — +5.2% year over year. Pecan Street tracks Cheyenne with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.

Headline

Median sale price

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.

Mortgage rate

Sep 18, 2026

7.04%

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.

Monthly payment

Principal & interest

$2,067/mo

$89K/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

Price-to-rent31st of 195 (top 16%)
Days on market161st of 194
Price cuts153rd of 194
Home-price growth41st of 195 (top 22%)

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≈ 20 +3.0% YoY
31st of 195 (top 16%)
Asking price / sq ft$204 +4.5% 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 Aug 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≈ 30% -5.7 pts YoY
153rd of 194
New housing units permitted47

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 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 Jul 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 data3 shown of 10
MLS board of record
Price methodologyThree-Opinion · Redfin · FHFA HPI · Zillow ZHVI
Data as ofAug 2026

Recent signals

No signals flagged for this market right now.

Price reconciliation

normal · 0.0pp

Redfin (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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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
82001$402K98643633$352K
82007$425K55321232$327K
82009$650K152645249$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.