Washakie County, Wyoming Housing Market Prices
Washakie 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.
-
Median home price 1% below the Wyoming median$258,928
-
Median rent 27% below the Wyoming median Among the top 3 cheapest counties in Wyoming$719
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $258,928 | $262,084 | $248,835 |
| Price Trend (Annual %) | 1.1% | 6.9% | 7.5% |
| Median Gross Rent | $719 | $991 | $1,407 |
| Rent Trend (Annual %) | 2.3% | 2.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washakie County is about 1% lower than in Wyoming. Rent is about 27% lower than the Wyoming average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2018
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Washakie County, up about 1.1% and 2.3% a year respectively. Rent is changing faster.
Median rent in Washakie County rose about 19.0% between 2015 and 2024, from $605 to $719. Over the same span, rent in Wyoming rose about 25.7%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Washakie County.
Buying the median-priced home in Washakie County costs roughly 30.0 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 Washakie County. The price-to-rent ratio in Wyoming is about 22.0.
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Home Price | $258,928 | $262,084 | $248,835 |
| Median Household Income | $68,059 | $76,390 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2018, the median home price in Washakie County rose about 1.0%, while median household income rose about 33.2% 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 | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.4% | 63.0% | 58.5% |
| Rental Rate | 22.7% | 24.8% | 31.2% |
| Vacancy Rate | 11.9% | 12.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Washakie County has a homeownership rate of 65.4%, higher than the Wyoming average of 63.0%. Its housing vacancy rate is 11.9%, compared with 12.2% in Wyoming.
Housing Stock
| Metric | Washakie County | Wyoming Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.34 people | 2.53 people |
| Median Structure Built Year | 1971 | 1980 | 1978 |
| Median Number of Rooms | 6.1 | 5.8 | 5.5 |
The typical housing unit in Washakie County was built around 1971. On average, 2.2 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Washakie County, Wyoming.
What is the median home price in Washakie County, Wyoming?
The median home price in Washakie County, Wyoming is $258,928, lower than the Wyoming average of $262,084.
What is the average home price in Washakie County, Wyoming?
The typical home price in Washakie County, Wyoming, reported as the median sale price, is $258,928. 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 Washakie County, Wyoming?
The median gross rent in Washakie County, Wyoming is $719 per month, lower than the Wyoming average of $991.
What was the median gross rent in Washakie County in 2020?
In 2020, the median gross rent in Washakie County, Wyoming was $623 per month.
What is the price-to-rent ratio in Washakie County, Wyoming?
The price-to-rent ratio in Washakie County, Wyoming is about 30.0, meaning it would take roughly 30.0 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 Washakie County.
Are home prices or rent rising faster in Washakie County, Wyoming?
Both home prices and rent are rising in Washakie County, up about 1.1% and 2.3% a year respectively. Rent is changing faster.
What is the homeownership rate in Washakie County, Wyoming?
65.4% of households in Washakie County, Wyoming own their home, higher than the Wyoming average of 63.0%.
What is the vacancy rate in Washakie County, Wyoming?
The housing vacancy rate in Washakie County, Wyoming is 11.9%, lower than the Wyoming average of 12.2%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →