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Home appreciation in Cheyenne, WY

Over the five years ending 2025, home prices in Cheyenne, WY grew an average of 7.1% a year.

Price growth at a glance

1-year

+4.9%

2025 over 2024. Wyoming: +5.0%.

5-year, per year

+7.1%

Average annual growth, 2020 to 2025. Wyoming: +8.1%.

10-year, per year

+6.3%

+84.1% in total since 2015. Wyoming: +5.6%.

How does your home compare?

Cheyenne, WY home prices rose 84.1% over the ten years to 2025, while its ZIP codes ranged from +78.3% to +92.2%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Cheyenne, WY compares with Wyoming

Wyoming averaged +8.1% a year, putting Cheyenne, WY behind the state overall. For five-year price growth, Cheyenne, WY ranks 338th out of 409 metros nationwide and 2nd out of 2 in Wyoming.

Index, 2005 = 100

Cheyenne, WY and Wyoming, quarterly house price index rebased to 100 in 2005.
YearCheyenne, WYWyoming
2005 Q1100100
2005 Q2101103
2005 Q3103107
2005 Q4105110
2006 Q1107113
2006 Q2107117
2006 Q3110120
2006 Q4110123
2007 Q1110126
2007 Q2111130
2007 Q3112131
2007 Q4113132
2008 Q1113133
2008 Q2114133
2008 Q3112132
2008 Q4111132
2009 Q1114132
2009 Q2113132
2009 Q3111129
2009 Q4110128
2010 Q1112126
2010 Q2111126
2010 Q3113126
2010 Q4113126
2011 Q1113125
2011 Q2111123
2011 Q3113125
2011 Q4113125
2012 Q1113125
2012 Q2115125
2012 Q3114126
2012 Q4117127
2013 Q1116128
2013 Q2118129
2013 Q3118129
2013 Q4118130
2014 Q1119131
2014 Q2122132
2014 Q3123134
2014 Q4123135
2015 Q1125136
2015 Q2126136
2015 Q3130139
2015 Q4130139
2016 Q1129139
2016 Q2133140
2016 Q3135141
2016 Q4137141
2017 Q1136141
2017 Q2140142
2017 Q3141142
2017 Q4142144
2018 Q1144146
2018 Q2146146
2018 Q3149148
2018 Q4150149
2019 Q1150149
2019 Q2156153
2019 Q3158155
2019 Q4161157
2020 Q1162159
2020 Q2164159
2020 Q3168162
2020 Q4171165
2021 Q1174168
2021 Q2182175
2021 Q3193186
2021 Q4200192
2022 Q1206197
2022 Q2213207
2022 Q3217212
2022 Q4220212
2023 Q1206211
2023 Q2218216
2023 Q3220221
2023 Q4222218
2024 Q1215221
2024 Q2228227
2024 Q3227229
2024 Q4227230
2025 Q1228234
2025 Q2238238
2025 Q3236239
2025 Q4238240
2026 Q1242244
2026 Q2251247

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +6.3% a year over ten years and +84.1% in total, suggesting a similar pattern over both periods.

Over this history, home prices never fell more than 0.4% from a prior peak.

The strongest year was 2022 at +14.4%, and the weakest was 2009 at -0.4%.

In 2025 alone the index moved +4.9%, against +5.0% for the state.

ZIP codes in Cheyenne, WY

Over the ten years to 2025, the 3 ZIP codes FHFA measures in this metro ranged from +78.3% in 82009 to +92.2% in 82007, while the metro as a whole rose 84.1%.

ZIP codes in Cheyenne, WY ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
82007+0.3%+7.2%+6.8%+92.2%
82001+3.3%+6.7%+6.1%+80.9%
82009+6.1%+7.0%+6.0%+78.3%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Cheyenne, WY and Wyoming, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006106.2+6.2%112.8
2007109.3+2.8%123.8
2008110.2+0.8%126.4
2009109.7-0.4%124.2
2010109.70.0%120.2
2011110.1+0.4%118.4
2012112.2+1.9%120.0
2013115.3+2.7%122.8
2014119.1+3.3%126.6
2015124.9+4.9%131.1
2016130.6+4.6%133.8
2017136.7+4.7%135.5
2018143.9+5.3%140.2
2019152.9+6.2%146.2
2020162.8+6.5%153.6
2021183.1+12.5%171.4
2022209.5+14.4%197.1
2023211.8+1.1%206.3
2024219.2+3.5%215.8
2025229.9+4.9%226.5

The 2 measured metros in Wyoming

Measured metros in Wyoming ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Casper, WY+6.5%+7.6%+4.4%
2Cheyenne, WY+4.9%+7.1%+6.3%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Wyoming row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2