Big Horn County, Wyoming Housing Market

In Big Horn County, Wyoming, the median home value is $216,500, with a median monthly rent of $823. This places Big Horn County at #1236 nationally out of 3134 counties by median home value, and #22 within Wyoming.

Median Home Value $216,500
Median Rent $823/mo
Owner Occupancy 75.9%
Price/Rent Ratio 21.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Big Horn County rose +8.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,841
jobs (private sector)
  • Avg weekly wage: $1,034
  • Establishments: 451
  • BLS QCEW, 2025
🏗️

Housing Supply

21
new units authorized (2025)
  • Single-family: 17
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+496
net migration (filers, 2021-2022)
  • Inflow: 4,683 (avg $68,914)
  • Outflow: 4,187 (avg $67,208)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Big Horn County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 82431 419.0 +15.13% 2025
2 82401 283.0 +4.20% 2025
3 82435 353.2 +1.99% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Big Horn County Compares

MetricBig Horn CountyWyoming AverageU.S. Average
Median Home Value $216,500 $346,991 $227,706
Median Gross Rent $823 $941 $968
Owner Occupancy Rate 75.9% 73.6% 73.3%
Price/Rent Ratio 21.9 28.8 18.7

Market Analysis

The median home value in Big Horn County is 37.6% below the Wyoming state average and 4.9% below the U.S. national average. The median rent of $823/month is 12.5% below the state average.

With a price-to-rent ratio of 21.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Big Horn County has an owner-occupancy rate of 75.9%, compared to 73.6% in Wyoming and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Lamar County Georgia $216,500 $878
Marquette County Michigan $216,500 $949
Lafayette County Missouri $216,500 $928
Wood County Texas $216,500 $862
Franklin County Kentucky $216,600 $967

Other Counties in Wyoming

CountyMedian Home ValueMedian RentOwner Occ.
Niobrara County $221,500 $605 61.8%
Weston County $221,700 $698 86.8%
Carbon County $222,700 $842 76.3%
Washakie County $206,000 $720 74.2%
Hot Springs County $227,500 $887 72.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).