Investor-grade market analytics for Cheyenne, Wyoming. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$377,330
+3.1% year-over-year
4.7%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 12% nationally
In-migrants avg $67,764 AGI vs out-migrants $59,165
Opportunity Zone Market
1 ZIP codes in Cheyenne are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Cheyenne, WY shows steady growth at 3.1% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 4.84x, above the national average of 4.8x. Modest net positive migration (+460 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.71% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Cheyenne, WY's primary climate exposure is wildfire (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.