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Housing in Cheyenne

1,234 homes sold in Cheyenne in the last year, at a typical $374K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cheyenne homes are listed.

Homes sold
1,234
June 2025 to May 2026
Typical sale price
$374K
houses $385K · condos $249K
Price per square foot
$183
Wyoming $252
Paid vs. asking
98.5%
0% sold over asking
For sale now
152
May 2026 · 109 sold that month
What sold · last 12 months

2% of Cheyenne’s sales are condos, at $136K less than a house

979 houses and 21 condos sold in the year to May 2026. Houses sell faster.

Houses$385K

typical sale · 979 sold in 12 months

Per square foot
$183WY $234
Days to sell
31
Sold over asking
0%
Listings with a price cut
23%
Condos$249K

typical sale · 21 sold in 12 months

Per square foot
$231WY $1,006
Days to sell
42
Sold over asking
0%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 16 sold, typical $677K
Townhouses: 218 sold, typical $344K

Too few sales in 12 months for reliable figures.

12 years of sales

Fewer homes sell than before 2021, at 1.8 times the 2016 price

1,234 sales in the last year, against 1,749 in 2020 and a low of 1,140 in 2023. The typical sale went from $212K in 2016 to $374K.

Homes soldTypical sale price
043787513121750$175K$250K$325K$400K2014: 1438 sold, typical $195K’142015: 1518 sold, typical $204K2016: 1492 sold, typical $212K’162017: 1560 sold, typical $224K2018: 1581 sold, typical $238K’182019: 1596 sold, typical $252K2020: 1749 sold, typical $280K’202021: 1715 sold, typical $311K2022: 1354 sold, typical $344K’222023: 1140 sold, typical $346K2024: 1245 sold, typical $353K’242025: 1284 sold, typical $369KLast 12 months: 1234 sold, typical $374KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Cheyenne

Houseat $183 a sq ft
Condoat $231 a sq ft
The same money in Wyomingat $234 a sq ft

Is this asking price fair?

Check a listing against what Cheyenne homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Cheyenne are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Cheyenne’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,234 sales.

If you’re buying in Cheyenne

  • Shop in April. It brings about 139 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • Bid near asking. Buyers paid 98.5% of the list price on average; 0% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 30 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 160 a month), but May is the most competitive: 0% of May sales close over asking. March and April offer nearly as much choice with fewer homes bid up (0%). February has the least competition (0%).

New listings a monthShare sold over asking
041.382.5123.81657%13%20%Sweet spotJan: 106 new listings a month, 0% sold over asking, 67 days to sellJFeb: 113 new listings a month, 0% sold over asking, 62 days to sellFMar: 139 new listings a month, 0% sold over asking, 52 days to sellMApr: 139 new listings a month, 0% sold over asking, 48 days to sellAMay: 152 new listings a month, 0% sold over asking, 49 days to sellMJun: 160 new listings a month, 0% sold over asking, 49 days to sellJJul: 141 new listings a month, 0% sold over asking, 48 days to sellJAug: 146 new listings a month, 0% sold over asking, 48 days to sellASep: 138 new listings a month, 0% sold over asking, 54 days to sellSOct: 123 new listings a month, 0% sold over asking, 55 days to sellONov: 93 new listings a month, 0% sold over asking, 55 days to sellNDec: 68 new listings a month, 0% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Wyoming

Cheyenne now2017–192021 peakWY now
Sold over askingShare of sales that closed above the list price0%0%0%6%
Gone within two weeksShare of homes under contract within 14 days38%1%1%27%
Listings with a price cutShare of homes for sale that cut their price22%——20%
Price paid vs. askingAverage sale price ÷ list price98.5%96.5%98.8%97.5%
Days to sellMedian days from listing to contract30594856
Supply

224 homes for sale on a typical day

That’s 31% fewer than in 2017–19 and well under 2014’s 363.

2014: 363 for sale’142015: 351 for sale2016: 346 for sale2017: 344 for sale’172018: 327 for sale2019: 301 for sale2020: 331 for sale’202021: 278 for sale2022: 229 for sale2023: 272 for sale’232024: 245 for sale2025: 238 for saleLast 12 months: 224 for saleNow
Room to negotiate

1 in 5 listings has cut its price

22% in the last year, against — in 2017–19 and 20% across Wyoming.

2023: 10%’232024: 22%2025: 21%Last 12 months: 22%Now
Prices by type

Since 2019, houses are up 50%, condos 85%

A house typically sold for $385K in the last year (979 sales), a condo for $249K (21).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $187K, 295 salesHouses 2014: $196K, 1131 salesHouses 2015: $207K, 1184 salesHouses 2016: $214K, 1187 salesHouses 2017: $231K, 1225 salesHouses 2018: $244K, 1246 salesHouses 2019: $257K, 1261 salesHouses 2020: $288K, 1416 salesHouses 2021: $319K, 1437 salesHouses 2022: $352K, 1101 salesHouses 2023: $354K, 882 salesHouses 2024: $359K, 996 salesHouses 2025: $377K, 1034 salesHouses last 12 months: $385K, 979 salesHouses $385KCondos 2013: $100K, 9 salesCondos 2014: $113K, 29 salesCondos 2015: $127K, 31 salesCondos 2016: $128K, 21 salesCondos 2017: $133K, 31 salesCondos 2018: $140K, 30 salesCondos 2019: $134K, 27 salesCondos 2020: $160K, 18 salesCondos 2021: $225K, 22 salesCondos 2022: $245K, 22 salesCondos 2023: $235K, 28 salesCondos 2024: $215K, 25 salesCondos 2025: $213K, 24 salesCondos last 12 months: $249K, 21 salesCondos $249K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Wyoming

Cheyenne ranks 9th of 12 busy Wyoming markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cheyenne is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cheyenne home costs about $2,133 a month

Mortgage
Property tax
Insurance
Rent

Price: Cheyenne’s typical sale, last 12 months. Property tax at Cheyenne’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cheyenne is affordable on local pay is on Cost of living.

Before you buy in Cheyenne

Six things worth knowing

160

New listings in June

The month with the most choice. December has the fewest, about 68.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $374K home, about $2,180 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Cheyenne, from test results, graduation and how much students grow.

Schools in Cheyenne
16 min

Typical commute

The average one-way trip to work for people who live in Cheyenne.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Cheyenne, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cheyenne. People who follow the town see it, and so do people comparing Cheyenne with their own town. No commission, no listing fee.

Questions about buying a home in Cheyenne

What do homes sell for in Cheyenne, WY?

1,234 homes sold in the year to May 2026 at a typical $374K, $183 a square foot. Houses sold for about $385K, condos for about $249K.

Is Cheyenne a buyer’s or seller’s market?

A seller’s market: 152 homes were for sale in May 2026 and 109 sold, about 1.4 months of supply. Buyers paid 98.5% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Cheyenne?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cheyenne?

About 0.6% of a home’s value a year. On a $374K home that’s near $2,180.

Where can I see homes for sale in Cheyenne?

Zillow, Redfin, Realtor.com and Homes.com all carry Cheyenne’s MLS listings; the search links above open each one filtered to Cheyenne.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).