Washakie County, Wyoming Housing Market
In Washakie County, Wyoming, the median home value is $206,000, with a median monthly rent of $720. This places Washakie County at #1342 nationally out of 3134 counties by median home value, and #23 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: $995
- Establishments: 413
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,345 (avg $86,045)
- Outflow: 3,005 (avg $88,332)
- IRS Statistics of Income
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| Metric | Washakie County | Wyoming Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $206,000 | $346,991 | $227,706 |
| Median Gross Rent | $720 | $941 | $968 |
| Owner Occupancy Rate | 74.2% | 73.6% | 73.3% |
| Price/Rent Ratio | 23.8 | 28.8 | 18.7 |
Market Analysis
The median home value in Washakie County is 40.6% below the Wyoming state average and 9.5% below the U.S. national average. The median rent of $720/month is 23.5% below the state average.
With a price-to-rent ratio of 23.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Washakie County has an owner-occupancy rate of 74.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Gray County | Kansas | $206,000 | $808 |
| Rhea County | Tennessee | $206,000 | $839 |
| Pondera County | Montana | $206,100 | $784 |
| Deuel County | South Dakota | $205,900 | $642 |
| Clark County | Kentucky | $205,800 | $938 |
Other Counties in Wyoming
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Big Horn County | $216,500 | $823 | 75.9% |
| Niobrara County | $221,500 | $605 | 61.8% |
| Weston County | $221,700 | $698 | 86.8% |
| Carbon County | $222,700 | $842 | 76.3% |
| 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).