Market Intelligence Report — WY-940

Cheyenne, WY

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

Ref. No: 2026-WY-05
Updated: May 2026
Median Listing
$502K
-3.7% YOY
Pending Ratio
0.97
+16.7% YOY
Active Inventory
270
-8.5% YOY
Median DOM
43 Days
+13.2% YOY

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Market Signals & Indicators

Supply Dynamics

270 active listings represent the current floor, with new supply arriving at roughly 156 per month.

Pricing Pressure
11.2%

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

$/Sq Ft
$0K

Median price per square foot has moved +4.8% year-over-year.

Absorption
0.97

Pending-to-active ratio — supply and demand dynamics are mixed.

Metro Demographics

Metro Area
Cheyenne, WY
CBSA Code
16940
State
WY
Analysis FAQ
  • What is the current market condition in Cheyenne?+

    As of May 2026, the Cheyenne metro is classified as Stabilizing. Pending ratio is 0.97 with median days on market at 43.

  • Are home prices dropping in Cheyenne?+

    Median listing price is $502K, -3.7% year over year. 11.2% of active listings carry a price reduction.

  • How fast are homes selling in Cheyenne?+

    The typical listing sits 43 days on market, a +13.2% change YoY. New listings are arriving at 156 per month.

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

    Primpted maintains a vetted registry of Cheyenne 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.

Vintage: May 2026 · CBSA 16940 · 2mo history