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Is Cheyenne, WY 82001 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Cheyenne is a seller’s market. With about 1.9 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$189▲ +5.1% vs. last year

The Cheyenne housing market right now

In the three months ending August 31, 2026, 0% of homes in Cheyenne, WY 82001 sold above their list price, the typical home went under contract in 15 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 186 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (23 days then) and the median sale price rose 3% to $364,842. Overall, Cheyenne is about as competitive as it was a year ago.

Within Laramie County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 82001

Prefilled for 82001Can I win this house?Multiple-offer likelihood for a listing Prefilled for 82001Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albin 82050 $115 /sq ftBurns 82053Buyer’s market $173 /sq ftCarpenter 82054Buyer’s market $185 /sq ftCheyenne 82007Seller’s market $200 /sq ft Browse all markets →

Towns like Cheyenne nearby

Find towns like Cheyenne in other states →
Cheyenne, WY82007 · 3 miles away66% similarcheaper homes ($82K less) · smaller Cheyenne, WY82009 · 3 miles away53% similarhigher income ($28K more) · pricier homes ($134K more) Ault, CO80610 · 38 miles away31% similarpricier homes ($108K more) · smaller Pine Bluffs, WY82082 · 38 miles away27% similarpricier homes ($38K more) · smaller

Where Cheyenne is

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Questions about Cheyenne real estate

Is Cheyenne a buyer’s or seller’s market?

A seller’s market: there were 1.9 months of supply in Cheyenne, WY 82001 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cheyenne?

The typical home went under contract in 15 days in the latest three months.

Do homes in Cheyenne sell over asking?

0% of homes sold above their original list price.

What are property taxes in Cheyenne?

About 0.57% of a home’s value a year in Laramie County, or roughly $2,280 on a $400,000 home.

What is the median home price in Cheyenne?

The median sale price was $364,842 in the three months ending August 31, 2026, about $189 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology