Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$323,553
$1,079

Housing Market Overview

Metric Laramie County Wyoming Avg US Average
Median Home Price $323,553 $235,717 $242,182
Price Trend (Annual %) 11.4% 6.3% 8.2%
Median Gross Rent $1,079 $967 $1,342
Rent Trend (Annual %) 3.5% 2.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Laramie County
Wyoming
United States
Year Laramie County Wyoming United States
Median Rent Over Time
Laramie County
Wyoming
United States
Year Laramie County Wyoming United States

Affordability

On average, housing unit costs 4.1 yearly household incomes in Laramie County.

Metric Laramie County Wyoming Avg US Average
Median Home Price $323,553 $235,717 $242,182
Median Household Income $78,528 $74,833 $78,145
Price-to-Income Ratio 4.1 3.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Laramie County Wyoming Avg US Average
Homeownership Rate 66.8% 62.3% 58.2%
Rental Rate 27.6% 24.3% 31.3%
Vacancy Rate 5.6% 13.4% 10.6%
Median Tenure (years) 13.0 14.0 15.0
Median Year Moved In 2013 2012 2011

Housing Stock

Metric Laramie County Wyoming Avg US Average
Average Household Size 2.33 people 2.38 people 2.54 people
Median Structure Built Year 1978 1979 1978
Median Number of Rooms 6.3 5.8 5.5