Hot Springs County, Wyoming Housing Market
In Hot Springs County, Wyoming, the median home value is $227,500, with a median monthly rent of $887. This places Hot Springs County at #1107 nationally out of 3134 counties by median home value, and #18 within Wyoming.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $0
- Establishments: 221
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,901 (avg $66,298)
- Outflow: 1,653 (avg $65,217)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Hot Springs County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 82443 | 300.9 | -2.89% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hot Springs County Compares
| Metric | Hot Springs County | Wyoming Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $227,500 | $346,991 | $227,706 |
| Median Gross Rent | $887 | $941 | $968 |
| Owner Occupancy Rate | 72.7% | 73.6% | 73.3% |
| Price/Rent Ratio | 21.4 | 28.8 | 18.7 |
Market Analysis
The median home value in Hot Springs County is 34.4% below the Wyoming state average and about equal to the U.S. national average. The median rent of $887/month is 5.7% below the state average.
With a price-to-rent ratio of 21.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Hot Springs County has an owner-occupancy rate of 72.7%, compared to 73.6% in Wyoming and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Haralson County | Georgia | $227,500 | $923 |
| Monroe County | Tennessee | $227,500 | $714 |
| Franklin County | Missouri | $227,600 | $893 |
| Wood County | Ohio | $227,600 | $972 |
| Allegheny County | Pennsylvania | $227,600 | $1,153 |
Other Counties in Wyoming
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Carbon County | $222,700 | $842 | 76.3% |
| Weston County | $221,700 | $698 | 86.8% |
| Niobrara County | $221,500 | $605 | 61.8% |
| Big Horn County | $216,500 | $823 | 75.9% |
| Goshen County | $239,600 | $778 | 73.2% |
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).