Is Cheyenne, WY a buyer's market or a seller's market?
Cheyenne, WY is a seller's market right now. There are 251 homes for sale, and at the current pace of sales it would take about 1.8 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Cheyenne, WY sits at 1.8.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 23 days to go under contract, and 0% of sales closed above the asking price.
The number of homes for sale is 25% lower than a year ago. Less to choose from tends to push prices up and shorten the time to sell.
Source: Redfin's published market data for the Cheyenne, WY area, through May 2026.
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More about the Cheyenne, WY market
- When is the best month to sell a house in Cheyenne, WY?
- How long does it take to sell a house in Cheyenne, WY?
- Do homes sell above asking price in Cheyenne, WY?
- Are home prices going up or down in Cheyenne, WY?
- How many homes are for sale in Cheyenne, WY?
- All Cheyenne, WY housing numbers
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Figures come from Redfin's published market data for the Cheyenne, WY area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.