Park County, Wyoming Housing Market Prices
Park County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 3% above the Wyoming median$268,750
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Median rent 7% below the Wyoming median$924
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Park County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,750 | $262,084 | $248,835 |
| Price Trend (Annual %) | 5.9% | 6.9% | 7.5% |
| Median Gross Rent | $924 | $991 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 2.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Park County is about 3% higher than in Wyoming. Rent is about 7% lower than the Wyoming average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Park County, up about 5.9% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Park County rose about 33.8% between 2015 and 2024, from $691 to $924. Over the same span, rent in Wyoming rose about 25.7%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Park County.
Buying the median-priced home in Park County costs roughly 24.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Park County. The price-to-rent ratio in Wyoming is about 22.0.
| Metric | Park County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,750 | $262,084 | $248,835 |
| Median Household Income | $73,221 | $76,390 | $80,455 |
| Price-to-Income Ratio | 3.7 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Park County rose about 40.7%, while median household income rose about 58.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Park County | Wyoming Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.0% | 63.0% | 58.5% |
| Rental Rate | 21.9% | 24.8% | 31.2% |
| Vacancy Rate | 11.1% | 12.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Park County has a homeownership rate of 67.0%, higher than the Wyoming average of 63.0%. Its housing vacancy rate is 11.1%, compared with 12.2% in Wyoming.
Housing Stock
| Metric | Park County | Wyoming Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.34 people | 2.53 people |
| Median Structure Built Year | 1982 | 1980 | 1978 |
| Median Number of Rooms | 5.9 | 5.8 | 5.5 |
The typical housing unit in Park County was built around 1982. On average, 2.2 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Park County, WY Housing Compared With Nearby Counties
How Park County, WY compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Park County, WY | 30,448 | $268,750 #2/2 | $924 #2/2 | 75.3% #1/2 |
| Park County, MT | 17,710 | $389,473 | $975 | 69.4% |
Frequently Asked Questions
Common questions about the housing market in Park County, Wyoming.
What is the median home price in Park County, Wyoming?
The median home price in Park County, Wyoming is $268,750, higher than the Wyoming average of $262,084.
What is the average home price in Park County, Wyoming?
The typical home price in Park County, Wyoming, reported as the median sale price, is $268,750. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Park County, Wyoming?
The median gross rent in Park County, Wyoming is $924 per month, lower than the Wyoming average of $991.
What was the median gross rent in Park County in 2020?
In 2020, the median gross rent in Park County, Wyoming was $914 per month.
What is the price-to-rent ratio in Park County, Wyoming?
The price-to-rent ratio in Park County, Wyoming is about 24.2, meaning it would take roughly 24.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Park County.
Are home prices or rent rising faster in Park County, Wyoming?
Both home prices and rent are rising in Park County, up about 5.9% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Park County, Wyoming?
67.0% of households in Park County, Wyoming own their home, higher than the Wyoming average of 63.0%.
What is the vacancy rate in Park County, Wyoming?
The housing vacancy rate in Park County, Wyoming is 11.1%, lower than the Wyoming average of 12.2%.
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