Converse County, Wyoming Housing Market

In Converse County, Wyoming, the median home value is $292,700, with a median monthly rent of $866. This places Converse County at #667 nationally out of 3134 counties by median home value, and #10 within Wyoming.

Median Home Value $292,700
Median Rent $866/mo
Owner Occupancy 77.3%
Price/Rent Ratio 28.2

📈 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 Converse County rose +9.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,464
jobs (private sector)
  • Avg weekly wage: $1,310
  • Establishments: 622
  • BLS QCEW, 2025
🏗️

Housing Supply

10
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+500
net migration (filers, 2021-2022)
  • Inflow: 5,657 (avg $109,502)
  • Outflow: 5,157 (avg $114,223)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Converse County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 82633 313.2 +10.10% 2025
2 82637 318.7 +12.54% 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 Converse County Compares

MetricConverse CountyWyoming AverageU.S. Average
Median Home Value $292,700 $346,991 $227,706
Median Gross Rent $866 $941 $968
Owner Occupancy Rate 77.3% 73.6% 73.3%
Price/Rent Ratio 28.2 28.8 18.7

Market Analysis

The median home value in Converse County is 15.6% below the Wyoming state average and 28.5% above the U.S. national average. The median rent of $866/month is 8.0% below the state average.

With a price-to-rent ratio of 28.2, Converse County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Converse County has an owner-occupancy rate of 77.3%, 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
Lincoln County Washington $292,800 $883
Copper River Census Area Alaska $292,800 $1,089
Rockdale County Georgia $292,900 $1,525
Bernalillo County New Mexico $292,900 $1,144
Cass County Missouri $292,400 $1,205

Other Counties in Wyoming

CountyMedian Home ValueMedian RentOwner Occ.
Uinta County $290,000 $900 76.6%
Platte County $297,900 $781 76.1%
Crook County $285,800 $852 78.1%
Campbell County $279,100 $1,009 77.7%
Natrona County $273,000 $1,016 73.7%

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).