Market Intelligence Report — WY-650

Cody, WY

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

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

Median Listing

$617K
+7.8% YoY

Pending Ratio

0.32
+3.6% YoY

Active Inventory

165
-19.1% YoY

Median DOM

75 Days
-16.3% YoY

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The Cody, WY housing market is currently exhibiting "Cooling" characteristics, primarily indicated by a pending ratio of 0.32. While the median listing price has increased 7.8% year-over-year, demand absorption remains tempered relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Cody market right now.

Active listings have contracted by 19.1% over the past year, reaching 165 units, despite a notable 18.2% year-over-year increase in new listings. The median days on market has decreased by 16.3% year-over-year to 75 days, suggesting some velocity for units that do transact. However, the pending ratio of 0.32, with a modest 3.6% year-over-year increase, indicates that demand absorption is not keeping pace with overall supply dynamics.

Historical Analysis

Market Trends

Median Price

$617K+0.8% MoM

Active Inventory

165-19.1% YoY

Days on Market

75-16.3% YoY

Sold Score™

49+3.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

49
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

In this "Cooling" environment, the pace of demand absorption is moderate. The relatively low pending ratio suggests that buyers generally have more latitude for deliberation, while sellers may need to exercise greater price discipline to attract offers given the current inventory pressures. The negotiating leverage leans towards a more measured transaction process.

Luxury Segment

The average listing price of $1,009,335 significantly exceeds the median listing price of $617,000. Additionally, the average listing price experienced a 9.7% year-over-year increase, outpacing the 7.8% year-over-year growth in the median listing price. This indicates a potential concentration of price appreciation or demand at the higher end of the market, but without specific metrics on $/sqft or price reduction trends for the top tier, a definitive luxury segment softness signal is not discernible from this dataset.

Supply Dynamics

165 active listings represent the current floor, with new supply arriving at roughly 52 per month.

Pricing Pressure
17.6%

of active listings carry a price reduction, -6.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.0% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cody, WY? Homes here are taking 15 days less to sell than last year.

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

Buyer Demand Index
32%
Median Days on Market
75 days
Inventory YoY
−19%

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

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Metro Demographics

Metro Area
Cody, WY
CBSA Code
17650
State
WY

ZIPs in Cody, WY

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

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

    As of the latest 2026 data, the Cody metro is classified as Cooling. Pending ratio is 0.32 with median days on market at 75.

  • Are home prices dropping in Cody?+

    Median listing price is $617K, +7.8% year over year. 17.6% of active listings carry a price reduction.

  • How fast are homes selling in Cody?+

    The typical listing sits 75 days on market, a -16.3% change YoY. New listings are arriving at 52 per month.

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

    The average listing price of $1,009,335 significantly exceeds the median listing price of $617,000. Additionally, the average listing price experienced a 9.7% year-over-year increase, outpacing the 7.8% year-over-year growth in the median listing price. This indicates a potential concentration of price appreciation or demand at the higher end of the market, but without specific metrics on $/sqft or price reduction trends for the top tier, a definitive luxury segment softness signal is not discernible from this dataset.

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

    Primpted maintains a vetted registry of Cody 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 17650 · 36mo history