Laramie County, Wyoming Housing Market

In Laramie County, Wyoming, the median home value is $348,700, with a median monthly rent of $1,160. This places Laramie County at #423 nationally out of 3134 counties by median home value, and #6 within Wyoming.

Median Home Value $348,700
Median Rent $1,160/mo
Owner Occupancy 70.6%
Price/Rent Ratio 25.1

📈 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 Laramie County rose +3.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

34,933
jobs (private sector)
  • Avg weekly wage: $1,156
  • Establishments: 4,708
  • BLS QCEW, 2025
🏗️

Housing Supply

556
new units authorized (2025)
  • Single-family: 325
  • Multi-family: 231
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3935
net migration (filers, 2021-2022)
  • Inflow: 44,702 (avg $88,800)
  • Outflow: 40,767 (avg $87,980)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Laramie County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 82007 311.7 +0.33% 2025
2 82009 293.1 +6.10% 2025
3 82001 314.4 +3.29% 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 Laramie County Compares

MetricLaramie CountyWyoming AverageU.S. Average
Median Home Value $348,700 $346,991 $227,706
Median Gross Rent $1,160 $941 $968
Owner Occupancy Rate 70.6% 73.6% 73.3%
Price/Rent Ratio 25.1 28.8 18.7

Market Analysis

The median home value in Laramie County is about equal to the Wyoming state average and 53.1% above the U.S. national average. The median rent of $1,160/month is 23.3% above the state average.

With a price-to-rent ratio of 25.1, Laramie 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.

Laramie County has an owner-occupancy rate of 70.6%, 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

CountyStateMedian Home ValueMedian Rent
Inyo County California $348,700 $1,189
Saratoga County New York $348,600 $1,394
Ellis County Texas $348,600 $1,594
Pinal County Arizona $349,000 $1,537
Warren County Virginia $348,400 $1,199

Other Counties in Wyoming

CountyMedian Home ValueMedian RentOwner Occ.
Albany County $333,000 $931 50.0%
Johnson County $326,800 $1,029 82.3%
Lincoln County $372,600 $960 77.0%
Sublette County $376,200 $1,209 83.6%
Sheridan County $394,900 $939 70.7%

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).