Wyoming Real Estate Trends - A New Way to Look at Wyoming Realty

The Wyoming real estate market remains heavily divided between urban housing (over 50% of all Wyoming listings are in the city of Cheyenne) and wilderness acreage. This dichotomy allows Wyoming to appeal to a variety of home buyers and investors and, unlike many parts of the country, prices are on the rise. The average list price for single family homes increased 4% between February and March. In contrast, multi-family housing is becoming ever more affordable and Cheyenne condos have dropped to the $175,000 mark.

Wyoming land real estate sales comprise up to 47% of the market and with an average list price of $135,000, there are properties to suit every dream and budget. In addition to lots in town or small homesteads of just a few acres, there are also listings with more than a hundred acres and the $12 million dollar price tag to match. Recently the entire town of Buford, WY sold for $900,000 in an auction event that brought in bidders from around the globe. With its untouched wilderness, low prices and endless possibilities, Wyoming is positioned to become a top destination for investors and first time homebuyers alike.