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Home appreciation in Wyoming

Wyoming's FHFA HPI® all-transactions index changed +3.7% over the year to Q2 2026, versus +3.0% nationally, ranking 24th of 51 states and D.C. Below, compare its 11 3-digit ZIP regions and 2 metro areas.

1-year change
+3.7%

U.S. +3.0%

5-year change
+41.6%

30th of 51

Since Q1 1995
+323%

U.S. +292%

State rank (1 year)
24th

of 51 states and D.C.

Wyoming vs the U.S.

FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026

1002003004005001995200020052010201520202025
  • Wyoming: 423.0
  • United States: 391.6

Wyoming appreciation by time window

Percent change to Q2 2026; gaps are percentage points
WindowWYU.S.Gap vs U.S.
1 year+3.7%+3.0%+0.7 pts
3 years+14.3%+12.9%+1.5 pts
5 years+41.6%+41.3%+0.3 pts
10 years+76.2%+93.3%−17.2 pts
Since Q1 1995+323%+292%+31.5 pts

3-digit ZIP regions in Wyoming

Fastest-appreciating ZIP codes in Wyoming →

Sorted by one-year change. 9 of 11 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.

#3-digit ZIP region1 year5 years10 yearsSince Q1 1995
1820 · Cheyenne, WY area+4.9%+39.3%+89.4%+319%
2822 · Torrington, WY area+3.9%+43.6%+76.5%+322%
3823 · Rawlins, WY area+3.9%+43.6%+76.5%+322%
4824 · Cody, WY area+3.9%+43.6%+76.5%+322%
5825 · Riverton, WY area+3.9%+43.6%+76.5%+322%
6827 · Gillette, WY area+3.9%+43.6%+76.5%+322%
7828 · Sheridan, WY area+3.9%+43.6%+76.5%+322%
8830 · Jackson, WY area+3.9%+43.6%+76.5%+322%
9831 · Kemmerer, WY area+3.9%+43.6%+76.5%+322%
10826 · Casper, WY area+1.2%+39.6%+58.4%+338%
11829 · Rock Springs, WY area+1.2%+39.9%+62.1%+249%

Metro areas in Wyoming

Metro area1 year5 yearsSince Q1 1995
Cheyenne, WY+5.2%+37.7%+317%
Casper, WY+1.0%+39.5%+336%

Boom, bust, and recovery in Wyoming

Wyoming's index peaked in Q2 2008, fell 7.7% to its low in Q2 2011, and regained its peak in Q3 2014, about 6.2 years after the top. Today it sits +85.3% versus that 2000s peak. How every state and ZIP region fared

Area2000s peakLow pointPeak to lowBack to peakToday vs peak
WYQ2 2008Q2 2011-7.7%Q3 2014 (6.2 yrs)+85.3%
U.S.Q1 2007Q2 2012-19.0%Q4 2016 (9.8 yrs)+89.3%

Appreciation after inflation

Adjusting for consumer price inflation, Wyoming's index has changed +91.1% in real terms since Q1 1995. Home prices vs inflation

WindowInflation (CPI-U)WY after inflationU.S. after inflation
1 year+3.9%-0.2%-0.8%
3 years+9.8%+4.1%+2.8%
5 years+24.0%+14.2%+13.9%
10 years+39.1%+26.7%+39.0%
Since Q1 1995+121%+91.1%+76.8%

If you bought in Wyoming in…

An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.

Bought inIndex change$300,000 then, at the state rate
Q2 1995+315%$1,243,710
Q2 2000+245%$1,034,607
Q2 2005+140%$718,745
Q2 2010+95.6%$586,706
Q2 2015+81.4%$544,118
Q2 2020+55.1%$465,321
Q2 2021+41.6%$424,865
Q2 2023+14.3%$343,006
Q2 2025+3.7%$311,025

Frequently asked questions

How much have home prices gone up in Wyoming?
FHFA HPI® data for Wyoming shows the all-transactions index changed +3.7% over the year to Q2 2026, +41.6% over five years, +76.2% over ten years, and +323% since Q1 1995.
Is Wyoming appreciating faster than the national average?
Over the past year Wyoming's index moved +0.7 pts versus the U.S. (+3.0%), ranking 24th of 51 states and D.C. Over five years the gap is +0.3 pts.
Which ZIP codes in Wyoming are appreciating fastest?
Over the past year the strongest of 11 3-digit ZIP regions in Wyoming was ZIP3 820 (Cheyenne, WY area) at +4.9%, and the weakest was ZIP3 829 (Rock Springs, WY area) at +1.2%. 9 of 11 beat the national one-year change.