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Counties with the lowest home prices in Wyoming

Written by:
June 8, 2021
Arina P Habich // Shutterstock

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Counties with the lowest home prices in Wyoming

The real estate market is booming right now thanks to low interest rates, a flood of millennial buyers, and shrinking inventory. The median cost of a home has increased 20% year over year, hitting $347,500, according to a report released in April 2020 by real estate listing website Redfin. These high asking costs—while good for sellers—are pricing many buyers out of the market entirely.

But all things are not equal when it comes to real estate in the United States.

Credible used 2021 data calculated by the National Association of REALTORS to compile a list of counties with the lowest median home values and monthly mortgage payments in Wyoming. Counties were ranked by the monthly mortgage payment for a typical home in 2020, from lowest to highest. Ties were broken by median home values in 2020.

The National Association of REALTORS calculated the fourth quarter 2020 median home values by applying the Federal Housing Finance Agency's House Price Index growth to 2019 housing and population data from the American Community Survey and determining an estimate of 2020 median home values for all counties where data is available. The monthly mortgage payments for fourth quarter 2019 and fourth quarter 2020 were calculated for a 30-year fixed-rate mortgage with a 10% down payment.

Keep reading to discover which county in Wyoming has the lowest home prices.

#23. Teton County

- Monthly mortgage payment in 2020: $3,333 (8.0% less than 2019)
- Monthly mortgage payment in 2019: $3,622
- Median home value in 2020: $900,200
- Ranked #3,114 out of 3,120 counties nationwide

#22. Sublette County

- Monthly mortgage payment in 2020: $1,058 (11.3% less than 2019)
- Monthly mortgage payment in 2019: $1,193
- Median home value in 2020: $285,800
- Ranked #2,817 out of 3,120 counties nationwide

#21. Laramie County

- Monthly mortgage payment in 2020: $1,053 (3.7% less than 2019)
- Monthly mortgage payment in 2019: $1,094
- Median home value in 2020: $284,300
- Ranked #2,813 out of 3,120 counties nationwide

#20. Sheridan County

- Monthly mortgage payment in 2020: $1,048 (8.5% less than 2019)
- Monthly mortgage payment in 2019: $1,145
- Median home value in 2020: $283,000
- Ranked #2,810 out of 3,120 counties nationwide

#19. Park County

- Monthly mortgage payment in 2020: $1,033 (7.4% less than 2019)
- Monthly mortgage payment in 2019: $1,115
- Median home value in 2020: $278,900
- Ranked #2,796 out of 3,120 counties nationwide

#18. Johnson County

- Monthly mortgage payment in 2020: $973 (13.8% less than 2019)
- Monthly mortgage payment in 2019: $1,129
- Median home value in 2020: $262,700
- Ranked #2,739 out of 3,120 counties nationwide

#17. Lincoln County

- Monthly mortgage payment in 2020: $948 (6.5% less than 2019)
- Monthly mortgage payment in 2019: $1,014
- Median home value in 2020: $256,000
- Ranked #2,713 out of 3,120 counties nationwide

#16. Albany County

- Monthly mortgage payment in 2020: $904 (9.0% less than 2019)
- Monthly mortgage payment in 2019: $993
- Median home value in 2020: $244,100
- Ranked #2,667 out of 3,120 counties nationwide

#15. Natrona County

- Monthly mortgage payment in 2020: $877 (6.4% less than 2019)
- Monthly mortgage payment in 2019: $937
- Median home value in 2020: $236,900
- Ranked #2,622 out of 3,120 counties nationwide

#14. Crook County

- Monthly mortgage payment in 2020: $867 (10.1% less than 2019)
- Monthly mortgage payment in 2019: $964
- Median home value in 2020: $234,000
- Ranked #2,604 out of 3,120 counties nationwide

#13. Campbell County

- Monthly mortgage payment in 2020: $857 (11.1% less than 2019)
- Monthly mortgage payment in 2019: $964
- Median home value in 2020: $231,300
- Ranked #2,591 out of 3,120 counties nationwide

#12. Converse County

- Monthly mortgage payment in 2020: $795 (12.6% less than 2019)
- Monthly mortgage payment in 2019: $910
- Median home value in 2020: $214,700
- Ranked #2,497 out of 3,120 counties nationwide

#11. Sweetwater County

- Monthly mortgage payment in 2020: $791 (12.2% less than 2019)
- Monthly mortgage payment in 2019: $901
- Median home value in 2020: $213,600
- Ranked #2,490 out of 3,120 counties nationwide

#10. Fremont County

- Monthly mortgage payment in 2020: $755 (11.2% less than 2019)
- Monthly mortgage payment in 2019: $850
- Median home value in 2020: $204,000
- Ranked #2,414 out of 3,120 counties nationwide

#9. Platte County

- Monthly mortgage payment in 2020: $725 (4.6% less than 2019)
- Monthly mortgage payment in 2019: $760
- Median home value in 2020: $195,800
- Ranked #2,357 out of 3,120 counties nationwide

#8. Uinta County

- Monthly mortgage payment in 2020: $673 (13.4% less than 2019)
- Monthly mortgage payment in 2019: $777
- Median home value in 2020: $181,800
- Ranked #2,231 out of 3,120 counties nationwide

#7. Carbon County

- Monthly mortgage payment in 2020: $673 (7.2% less than 2019)
- Monthly mortgage payment in 2019: $725
- Median home value in 2020: $181,700
- Ranked #2,229 out of 3,120 counties nationwide

#6. Goshen County

- Monthly mortgage payment in 2020: $669 (9.1% less than 2019)
- Monthly mortgage payment in 2019: $736
- Median home value in 2020: $180,700
- Ranked #2,221 out of 3,120 counties nationwide

#5. Weston County

- Monthly mortgage payment in 2020: $640 (14.0% less than 2019)
- Monthly mortgage payment in 2019: $744
- Median home value in 2020: $172,800
- Ranked #2,089 out of 3,120 counties nationwide

#4. Washakie County

- Monthly mortgage payment in 2020: $638 (10.4% less than 2019)
- Monthly mortgage payment in 2019: $712
- Median home value in 2020: $172,200
- Ranked #2,083 out of 3,120 counties nationwide

#3. Big Horn County

- Monthly mortgage payment in 2020: $629 (7.1% less than 2019)
- Monthly mortgage payment in 2019: $677
- Median home value in 2020: $169,700
- Ranked #2,057 out of 3,120 counties nationwide

#2. Niobrara County

- Monthly mortgage payment in 2020: $601 (5.2% less than 2019)
- Monthly mortgage payment in 2019: $634
- Median home value in 2020: $162,400
- Ranked #1,951 out of 3,120 counties nationwide

#1. Hot Springs County

- Monthly mortgage payment in 2020: $567 (14.6% less than 2019)
- Monthly mortgage payment in 2019: $664
- Median home value in 2020: $153,000
- Ranked #1,813 out of 3,120 counties nationwide

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