Casper housing market
Typical home value
$312K
▲ 2.2% 1 yr
Typical rent
$1,429/mo
▲ 1.9% 1 yr
12-month forecast
+3.9%
#61 of 546 metros
Gross rent yield
5.5%
#343 of 546 · U.S. 6.3%
Days to pending
39 days
▲ +6 days 1 yr
Listings with a price cut
26%
▼ −0.2 pts 1 yr
Key takeaways
- 1The typical home is worth $312,425, up 2.2% in a year and up 28% over five years.
- 2Zillow forecasts home values rising 3.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,429/mo (+1.9% YoY), a 5.5% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,717/mo in principal and interest, $288 more than renting.
- 5Homes go under contract in 39 days (+6 days vs last year); 26% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 42/100, #256 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Casper compares
| Measure | Casper | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.2% | +1.2% | #276 |
| Home value, 5-yr change | +27.5% | +19.7% | |
| 12-month forecast | +3.9% | +1.1% | #61 |
| Rent, 1-yr change | +1.9% | +2.7% | #411 |
| Gross rent yield | 5.5% | 6.3% | #343 |
| Price-to-rent ratio | 18.2 | 15.8 | |
| Mortgage P&I on typical home | $1,717 | $2,012 | |
| Income needed to buy | $82,914 | $100,902 | |
| Days to pending | 39 | 56 |
Cities in the Casper metro
1 cities with home value and rent data.
| Casper | $311K | ▲ 2.1% | $1,422 | ▲ 1.8% | 5.5% |
Run the numbers
Rental property calculator
Cash flow on a typical Casper rental ($312K, $1,429/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Casper home.
Rent vs buy
Is it cheaper to rent or buy in Casper?
Other Wyoming metros
Cheyenne, WY
$390K home$1,529 rent4.7% yield
▲ 3.4% 1 yr
Gillette, WY
$339K home$1,273 rent4.5% yield
▼ 2.2% 1 yr
Rock Springs, WY
$289K home$1,107 rent4.6% yield
▼ 1.4% 1 yr
Riverton, WY
$328K home$1,176 rent4.3% yield
▲ 0.6% 1 yr
Laramie, WY
$383K home$1,125 rent3.5% yield
▲ 0.2% 1 yr
Jackson, WY
$1.44M home$3,458 rent2.9% yield
▲ 4.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.