Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $56,547 | $235,717 | $242,182 |
| Price Trend (Annual %) | 66.2% | 6.3% | 8.2% |
| Median Gross Rent | $882 | $967 | $1,342 |
| Rent Trend (Annual %) | 4.7% | 2.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Uinta County is about 76% lower than in Wyoming. Rent is about 9% lower than the Wyoming average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Uinta County, up about 66.2% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Uinta County rose about 37.7% between 2015 and 2023, from $640 to $882. Over the same span, rent in Wyoming rose about 22.7%.
Affordability
On average, housing unit costs 0.7 yearly household incomes in Uinta County.
Buying the median-priced home in Uinta County costs roughly 5.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Uinta County. The price-to-rent ratio in Wyoming is about 20.3.
| Metric | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $56,547 | $235,717 | $242,182 |
| Median Household Income | $83,417 | $74,833 | $78,145 |
| Price-to-Income Ratio | 0.7 | 3.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Uinta County rose about 41.0%, while median household income rose about 47.6% between 2009 and 2023 — 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 | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.5% | 62.3% | 58.2% |
| Rental Rate | 19.8% | 24.3% | 31.3% |
| Vacancy Rate | 15.7% | 13.4% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Uinta County has a homeownership rate of 64.5%, higher than the Wyoming average of 62.3%. Its housing vacancy rate is 15.7%, compared with 13.4% in Wyoming.
Housing Stock
| Metric | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.38 people | 2.54 people |
| Median Structure Built Year | 1982 | 1979 | 1978 |
| Median Number of Rooms | 5.5 | 5.8 | 5.5 |
The typical housing unit in Uinta County was built around 1982. On average, 2.7 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Uinta County, Wyoming.
What is the median home price in Uinta County, Wyoming?
The median home price in Uinta County, Wyoming is $56,547, lower than the Wyoming average of $235,717.
What is the average home price in Uinta County, Wyoming?
The typical home price in %s, reported as the median sale price, is %s. 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 Uinta County, Wyoming?
The median gross rent in Uinta County, Wyoming is $882 per month, lower than the Wyoming average of $967.
What was the median gross rent in Uinta County in 2020?
In 2020, the median gross rent in Uinta County, Wyoming was $684 per month.
What is the price-to-rent ratio in Uinta County, Wyoming?
The price-to-rent ratio in Uinta County, Wyoming is about 5.3, meaning it would take roughly 5.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Uinta County.
Are home prices or rent rising faster in Uinta County, Wyoming?
Both home prices and rent are rising in Uinta County, up about 66.2% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Uinta County, Wyoming?
64.5% of households in Uinta County, Wyoming own their home, higher than the Wyoming average of 62.3%.
What is the vacancy rate in Uinta County, Wyoming?
The housing vacancy rate in Uinta County, Wyoming is 15.7%, higher than the Wyoming average of 13.4%.