Laramie housing market
Typical home value
$383K
▲ 0.2% 1 yr
Typical rent
$1,125/mo
▲ 2.4% 1 yr
12-month forecast
+2.0%
#283 of 546 metros
Gross rent yield
3.5%
#537 of 546 · U.S. 6.3%
Days to pending
39 days
1 yr
Listings with a price cut
21%
▼ −4.7 pts 1 yr
Key takeaways
- 1The typical home is worth $383,203, up 0.2% in a year and up 26% over five years.
- 2Zillow forecasts home values rising 2.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,125/mo (+2.4% YoY), a 3.5% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,106/mo in principal and interest, $981 more than renting.
- 5Homes go under contract in 39 days; 21% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 43/100, #242 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Laramie compares
| Measure | Laramie | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.2% | +1.2% | #429 |
| Home value, 5-yr change | +26.4% | +19.7% | |
| 12-month forecast | +2.0% | +1.1% | #283 |
| Rent, 1-yr change | +2.4% | +2.7% | #371 |
| Gross rent yield | 3.5% | 6.3% | #537 |
| Price-to-rent ratio | 28.4 | 15.8 | |
| Mortgage P&I on typical home | $2,106 | $2,012 | |
| Days to pending | 39 | 56 |
Cities in the Laramie metro
1 cities with home value and rent data.
| Laramie | $386K | ▲ 0.5% | $1,125 | ▲ 2.4% | 3.5% |
Run the numbers
Rental property calculator
Cash flow on a typical Laramie rental ($383K, $1,125/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Laramie home.
Rent vs buy
Is it cheaper to rent or buy in Laramie?
Other Wyoming metros
Cheyenne, WY
$390K home$1,529 rent4.7% yield
▲ 3.4% 1 yr
Casper, WY
$312K home$1,429 rent5.5% yield
▲ 2.2% 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
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.