Sweetwater County, Wyoming Housing Market

In Sweetwater County, Wyoming, the median home value is $251,400, with a median monthly rent of $911. This places Sweetwater County at #880 nationally out of 3134 counties by median home value, and #16 within Wyoming.

Median Home Value $251,400
Median Rent $911/mo
Owner Occupancy 74.6%
Price/Rent Ratio 23.0

📈 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 Sweetwater County rose +4.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

16,089
jobs (private sector)
  • Avg weekly wage: $1,408
  • Establishments: 1,632
  • BLS QCEW, 2025
🏗️

Housing Supply

35
new units authorized (2025)
  • Single-family: 35
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1362
net migration (filers, 2021-2022)
  • Inflow: 17,278 (avg $79,026)
  • Outflow: 15,916 (avg $81,227)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 82901 246.1 +7.19% 2025
2 82935 274.7 +1.41% 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 Sweetwater County Compares

MetricSweetwater CountyWyoming AverageU.S. Average
Median Home Value $251,400 $346,991 $227,706
Median Gross Rent $911 $941 $968
Owner Occupancy Rate 74.6% 73.6% 73.3%
Price/Rent Ratio 23.0 28.8 18.7

Market Analysis

The median home value in Sweetwater County is 27.5% below the Wyoming state average and 10.4% above the U.S. national average. The median rent of $911/month is 3.2% below the state average.

With a price-to-rent ratio of 23.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Sweetwater County has an owner-occupancy rate of 74.6%, 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
Jefferson Parish Louisiana $251,400 $1,190
Racine County Wisconsin $251,400 $1,080
Jack County Texas $251,200 $960
Floyd County Indiana $251,000 $1,036
Gooding County Idaho $250,900 $880

Other Counties in Wyoming

CountyMedian Home ValueMedian RentOwner Occ.
Goshen County $239,600 $778 73.2%
Fremont County $268,800 $898 70.1%
Natrona County $273,000 $1,016 73.7%
Hot Springs County $227,500 $887 72.7%
Campbell County $279,100 $1,009 77.7%

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).