Housing Market in Cheyenne

Cheyenne's 2026 housing market runs only modestly -- not dramatically -- below this project's national median sale price comparison figure: Zillow's cited typical home value of approximately $392,827 (up 3.4% YoY) runs approximately 3.9% below this project's ~$408,776 national comparison figure.

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Zillow's Cited Typical Home Value

Zillow's own cited typical home value ran approximately $392,827 as of July 2026, up approximately 3.4% year-over-year. A closely aligned separate citation (Stacker, sourcing Zillow data through June 2026) put the figure at approximately $391,685, up approximately 3.5% year-over-year -- a real, minor cross-source variance this record discloses rather than treats as conflicting.

Only Modestly Below the National Median -- A Real, Honest Distinction

Using this citation, Cheyenne's typical home value runs approximately 3.9% below this project's ~$408,776 national median sale price comparison figure by this record's own calculation -- a genuinely modest gap, distinct from the much larger affordability advantage disclosed in several of this project's other Tier A+ markets (compare Fargo, ND's ~28.7% gap).

A Real, Disclosed, Modest Population-Growth Backdrop

As detailed in the base record's population metrics, Cheyenne added the most residents of any Wyoming city in the period reviewed this pass, growing from 65,132 (2020 Census) to approximately 66,507 (2025 estimate) -- a real but genuinely modest growth rate (approximately 2.11% over five years) rather than a dramatic demand surge.

Neighborhood-Level Price Variance Was Not Researched This Pass

This record did not independently research Cheyenne neighborhood-level price variance to comparable depth this pass -- a real, disclosed gap. Buyers should confirm current, specific listing and closed-sale data directly for a target neighborhood.

Key takeaways

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Last reviewed: 2026-09-02. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.