Market Intelligence Report — WY-940

Cheyenne, WY

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

Ref. No: 2026-WY-09
As of the latest 2026 data
Stabilizing

Median Listing

$474K
-5.1% YoY

Pending Ratio

0.47
-9.8% YoY

Active Inventory

377
+6.7% YoY

Median DOM

43 Days
-11.4% YoY

Primary Intelligence Tool — Sold Score™

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The Cheyenne residential market currently exhibits stabilizing conditions, with a pending ratio of 0.47, indicating a relatively balanced absorption of available inventory. Active listings have expanded by 6.7% year-over-year, suggesting a moderation in supply-demand dynamics.

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

3.0%+0.0 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

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

Population & Migration

102,938+1.2% 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

32+10.3% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

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

Market Analysis

What's moving the Cheyenne market right now.

Active listings increased by 6.7% over the past year, while new listings saw a marginal year-over-year contraction of 1.3%. The median listing price declined by 5.1% year-over-year and 6.9% month-over-month, reflecting some price adjustments in the market. The pending ratio decreased by 9.8% year-over-year, aligning with a more moderate pace of demand absorption.

Historical Analysis

Market Trends

Median Price

$474K-6.9% MoM

Active Inventory

377+6.7% YoY

Days on Market

43-11.4% YoY

Sold Score™

75-9.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

75
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 at 0.47 and an increase in active listings, the market suggests a less urgent pace for transactions. Inventory expansion provides more selection for prospective buyers, potentially encouraging greater price discipline. The current conditions indicate a more measured negotiation environment.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

377 active listings represent the current floor, with new supply arriving at roughly 150 per month.

Pricing Pressure
15.4%

of active listings carry a price reduction, +3.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.6% year-over-year.

Absorption
0.47

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Cheyenne, WY? Homes here are taking 6 days less to sell than last year.

Cheyenne, WY is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
43 days
Inventory YoY
+7%

Cheyenne, WY is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Cheyenne, WY
CBSA Code
16940
State
WY

ZIPs in Cheyenne, WY

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