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Cheyenne

Why you'd want to live in Cheyenne

Cheyenne, Wyoming is a bustling city located in the southeast corner of the state. With a population of around 65,000 residents, it is the largest city in Wyoming and serves as the state capital. The city is known for its rich history, western culture, and numerous outdoor recreational opportunities. Cheyenne played a significant role in the development of the American West, and many of its buildings and landmarks date back to the 1800s. Visitors can explore the city's history by visiting the Cheyenne Depot Museum or taking a stroll through the historic downtown district, which is home to many preserved buildings and landmarks. Outdoor enthusiasts will find plenty to do in Cheyenne, with easy access to hiking, biking, and camping in the nearby Medicine Bow National Forest. The city is also home to several parks and recreational areas, including the Cheyenne Botanic Gardens and the Terry Bison Ranch. Cheyenne has a strong economy, with a diverse range of industries that include healthcare, government, and manufacturing. The city is home to several major employers, including the Wyoming state government, Cheyenne Regional Medical Center, and Union Pacific Railroad. The Air Force Base has a significant impact on the local economy, providing jobs for thousands of residents and supporting many local businesses. Additionally, many military families live in the Cheyenne area, contributing to the city's diverse and welcoming population. via bestplaces.net

Cheyenne Market Report

$492,078

AVERAGE PRICE OF 569 HOMES

$615,574

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

$1,323,250

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$590,861

AVERAGE PRICE OF 151 NEWLY BUILT HOMES

Average Home

Average Price $492,078
Avg Bedrooms 4.72 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $274,648
2 bedrooms $275,334
3 bedrooms $376,175
4 bedrooms $468,706
5 bedrooms $633,707
Cheyenne Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 557 511 465 458 440
Average Price $490,382 $485,576 $477,741 $471,062 $480,476
Avg Price Change +0.99% +1.64% +1.42% -2.00% +2.99%
Median Price $457,761 $447,900 $440,905 $426,084 $426,951
Med Price Change +2.20% +1.59% +3.48% -0.20% +0.53%
Avg Bedrooms 4.63 beds 4.31 beds 4.71 beds 3.72 beds 3.7 beds
Avg Bathrooms 2.6 baths 2.65 baths 3.15 baths 2.95 baths 3.03 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 569 $492,078 133 days
Reduced Price Homes 24 $615,574 67 days
Multi-Million Dollar Homes 12 $1,323,250 113 days
Newly Built Homes 151 $590,861 117 days
Wyoming Real Estate Group
502 E Grand Ave.
Laramie, WY 82070
307-460-3665

Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2023 Cheyenne MLS
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Laramie Board of Realtors MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2023 Laramie Board of Realtors MLS. All rights reserved.
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