Cheyenne, WY Housing Market 2026: What Homes Actually Sell For

Cheyenne closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last six months land close together, so the citywide number is a real anchor rather than an average of extremes.

The snapshot

• •Closings tracked, last 6 months: 708
• •Median sold price, last 6 months: $380,000
• •Median sold $/sqft, last 6 months: $184
• •Middle half of sales closed between: $323,500 and $480,000

What the numbers say

Resideline tracked 708 closed sales in Cheyenne over the last six months, with a median closing price of $380,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $323,500 and $480,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 80% of the Cheyenne closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 708 closings with usable living area, the middle half sold between $161 and $207 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Cheyenne, WY (September 2026)

The median home price in Cheyenne is $380,000, measured across the 708 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $323,500 and $480,000.

Where Cheyenne sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Cheyenne over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $323,500 and $480,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 10 days, across 585 Cheyenne closings Resideline tracked in the last six months
• •Contract to closing: a median of 32 days, across 604 Cheyenne closings Resideline tracked in the last six months

The Cheyenne angle

Across 708 closings Resideline tracked over the last six months, the median closed sale price was $380,000, and the middle half of sales closed between $323,500 and $480,000. The practical implication is that the median works as a starting anchor for an ordinary subject but understates one that belongs in the upper part of the range, so identify which case you are in before you build the set.

From market read to offer price

A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale, so it cannot be revised once the sale price is known. Grading it is a different matter in Wyoming: because sale prices are not public record here, a confirmed closing price reaches us for only a small share of Wyoming homes, and most Wyoming estimates stay frozen and ungraded. The accuracy scoreboard is therefore a national record rather than a Wyoming one. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Cheyenne address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Cheyenne, WY
Geography: incorporated municipality, Census place 5613900
Data updated: September 2026
Analysis period: last six months
Tracked closings: 708
Median sold price: $380,000
Median sold $/sqft: $184 (708 qualifying)
Property mix: 80% houses
https://resideline.com/blog/cheyenne-wy-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/cheyenne-wy-housing-market">
  <img src="https://resideline.com/images/embed/cheyenne-wy.png" alt="Cheyenne, WY home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/cheyenne-wy-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Cheyenne over the last six months, and is refreshed when the data is.