Cheyenne, WY metro area Housing Market Brief
metro · WY · as of August 2026
What is Cheyenne, WY metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Cheyenne, WY metro area in its market cycle?
Cheyenne, WY metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cheyenne, WY metro area?
Our model forecasts Cheyenne, WY metro area’s home prices to rise about 1.5% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Cheyenne, WY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $424K | ▲ +4% |
| Median Days on Market | 40 days | ▲ +2.6% |
| Months of Supply | 2.4 | ▼ -20% |
| Homes for Sale | 338 | ▼ -16.7% |
| Homes Sold | 145 | ▲ +5.1% |
| Median Price / Sq Ft | $186 | ▲ +2% |
How has Cheyenne, WY metro area’s Alpha Score moved?
Markets like Cheyenne, WY metro area
- Redding, CA metro area, CAmetro47
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- Shelbyville, TN metro area, TNmetro45
- Tullahoma, TN metro area, TNmetro45
- Blackfoot, ID metro area, IDmetro44
- Sebastian, FL metro area, FLmetro44
- Keene, NH metro area, NHmetro54
- Twin Falls, ID metro area, IDmetro49
- Madera, CA metro area, CAmetro33
- Merced, CA metro area, CAmetro41
Frequently asked questions
Is Cheyenne, WY metro area a buyer's or seller's market?
As of August 2026, Cheyenne, WY metro area is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Cheyenne, WY metro area?
The median sale price in Cheyenne, WY metro area is $424K, having risen 4% over the past year.
How affordable is Cheyenne, WY metro area?
Cheyenne, WY metro area scores 25 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Cheyenne, WY metro area's Alpha Score?
Cheyenne, WY metro area's strongest dimension is Inventory Health (66/100) and its weakest is Affordability (25/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Cheyenne, WY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.