What are current home values in Cheyenne, WY?

The median home value in Cheyenne, WY is $392,134 as of August 2026. This represents a 0.1% increase compared to last month and a 3.5% increase year-over-year.

How have home values changed in Cheyenne, WY?

Home values in Cheyenne, WY have increased by 0.1% month-over-month and 3.5% year-over-year.

How do home values in Cheyenne, WY compare to Laramie County, Wyoming, and the national average?

The median home value in Cheyenne, WY ($392,134) compares to: Laramie County ($393,715), Wyoming ($371,854), and the U.S. national median ($368,697).

Cheyenne, WY Housing Market

$392,134

3.5% 1-yr

The average Cheyenne, WY home value is $392,134, up 3.5% over the past year, and homes go to pending in around 16 days. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Cheyenne Key Takeaways

Typical Home Values: $392,134

1-Year Value Change: +3.5%

(Data through August 31, 2026)

Cheyenne Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 381 (August 31, 2026)

New Listings: 157 (August 31, 2026)

Median Sale to List Ratio: 1.000 (July 31, 2026)

Median Sale Price: $405,000 (July 31, 2026)

Median List Price: $443,317 (August 31, 2026)

Percent of Sales Over List Price: 18.5% (July 31, 2026)

Percent of Sales Under List Price: 45.5% (July 31, 2026)

Median Days to Pending: 16 (August 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Cheyenne

NameMedian ZHVI
Waverly$981,442
Douglas Lake$699,057
Gilmore Lakes--
Cobb Lake--
Windsor Reservoir$712,232
Terry Lake$794,431
Hearthfire$1,024,105
Brightwater Crossing--
Water's edge--

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Cheyenne Homes for Sale

2402 E Riding Club Rd

$290,000

3 bd1 ba1,436 sqft

1310 Cosgriff Ct

View Cheyenne listings

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Cheyenne Rental Market Trends

Average Rent: $1,532 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: 0.5% (August 31, 2026)

Year-Over-Year Change: 5.8% (August 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.