Cheyenne, WY metro area Housing Market Brief
metro · WY · score computed October 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.
Population band 3 of 5 (population 58,778–112,360) · comparable within its band
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?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Cheyenne, WY metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $439K | ▲ +9.9% | Redfin |
| Median Days on Market | 43 days | ▼ -10.4% | Realtor.com via FRED |
| Months of Supply | 3.8 | ▲ +46.2% | Redfin |
| Homes for Sale | 389 | ▲ +2.9% | Redfin |
| Homes Sold | 102 | ▼ -29.2% | Redfin |
| Median Price / Sq Ft | $198 | ▲ +1.6% | Redfin |
How has Cheyenne, WY metro area’s Alpha Score moved?
Markets like Cheyenne, WY metro area
- Twin Falls, ID metro area, IDmetro55
- Kerrville, TX metro area, TXmetro52
- Laconia, NH metro area, NHmetro55
- Staunton, VA metro area, VAmetro62
- Burley, ID metro area, IDmetro56
- Morehead City, NC metro area, NCmetro48
- Easton, MD metro area, MDmetro50
- Kill Devil Hills, NC metro area, NCmetro49
- Sevierville, TN metro area, TNmetro53
- Billings, MT metro area, MTmetro49
Frequently asked questions
Is Cheyenne, WY metro area a buyer's or seller's market?
In the scores computed October 2026, Cheyenne, WY metro area is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, building, 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 $439K, having risen 9.9% over the past year, according to Redfin.
How affordable is Cheyenne, WY metro area?
Cheyenne, WY metro area scores 21 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 Price Momentum (88/100) and its weakest is Rental Yield (15/100). 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.