Market Intelligence Report — WY-220

Casper, WY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WY-08
As of the latest 2026 data
Very Weak

Median Listing

$415K
+18.6% YoY

Pending Ratio

0.17
+16.6% YoY

Active Inventory

224
-16.1% YoY

Median DOM

35 Days
-9.1% YoY

Primary Intelligence Tool — Sold Score™

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The Casper market is currently classified as Very Weak, driven by a pending ratio of 0.17, indicating demand absorption is severely lagging supply. Despite a notable year-over-year increase of 16.6% in the pending ratio, its absolute level remains well below the threshold for more active conditions. Active listings have contracted by 16.1% over the past year, while the median listing price has appreciated by 18.6% during the same period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.6%-0.4 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

80,526+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Casper market right now.

Over the past year, the market has seen a contraction in active listings by 16.1%, alongside a 6.1% increase in new listings. While the pending ratio has risen by 16.6% year-over-year, its current level suggests subdued demand relative to available inventory. Median days on market have decreased by 9.1% annually, yet the overall market pace remains slow given the low pending activity. Median listing prices have increased by 18.6% year-over-year, despite a slight month-over-month decline of 0.9%.

Historical Analysis

Market Trends

Median Price

$415K-0.9% MoM

Active Inventory

224-16.1% YoY

Days on Market

35-9.1% YoY

Sold Score™

37+16.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

37
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.17, the market exhibits significant inventory pressure on the demand side, indicating a slow absorption pace. The current environment necessitates enhanced price discipline from sellers, as properties are taking longer to move from active to pending status. Buyers currently have greater latitude for negotiation, given the low demand relative to the existing supply.

Luxury Segment

The luxury segment in Casper shows signs of softening, with the average listing price declining by 19.2% year-over-year. This contrasts with an 18.6% increase in the median listing price, suggesting a divergence in performance between the highest-priced properties and the broader market. Median price per square foot has also contracted by 1.9% over the past year.

Supply Dynamics

224 active listings represent the current floor, with new supply arriving at roughly 140 per month.

Pricing Pressure
20.8%

of active listings carry a price reduction, -0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.9% year-over-year.

Absorption
0.17

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Casper, WY? Homes here are taking 3 days less to sell than last year.

Buyers have leverage in Casper, WY. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
17%
Median Days on Market
35 days
Inventory YoY
−16%

In a buyer's market, strategy beats timing. See how your home scores in Casper, WY and what moves the number.

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Metro Demographics

Metro Area
Casper, WY
CBSA Code
16220
State
WY

ZIPs in Casper, WY

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Casper?+

    As of the latest 2026 data, the Casper metro is classified as Very Weak. Pending ratio is 0.17 with median days on market at 35.

  • Are home prices dropping in Casper?+

    Median listing price is $415K, +18.6% year over year. 20.8% of active listings carry a price reduction.

  • How fast are homes selling in Casper?+

    The typical listing sits 35 days on market, a -9.1% change YoY. New listings are arriving at 140 per month.

  • What's happening in the Casper luxury market?+

    The luxury segment in Casper shows signs of softening, with the average listing price declining by 19.2% year-over-year. This contrasts with an 18.6% increase in the median listing price, suggesting a divergence in performance between the highest-priced properties and the broader market. Median price per square foot has also contracted by 1.9% over the past year.

  • Where can I find a trusted Casper real estate expert?+

    Primpted maintains a vetted registry of Casper agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 16220 · 36mo history