Laramie, WY—82070
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Laramie, WY
Home Price Trends — Laramie, WY
As of Oct '25, the median home price in Laramie, WY is $375,000, with a year-over-year change of 6.9%. This indicates that home prices in Laramie, WY are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $375,000 | 6.9% |
| Single Family | $376,000 | 5.6% |
| Condos | $351,000 | 9.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $225,000 | 4.2% |
2 Bed | $290,000 | 6.2% |
3 Bed | $365,000 | 5.2% |
4 Bed | $434,000 | 6.1% |
| 5 Bed | $517,000 | 5.9% |
% of Housing Stock
Rental Trends — Laramie, WY
As of July '25, Rentcast reports the average rent in Laramie, WY is $1,290, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Laramie, WY is studios: $772, 1-bedrooms: $891, 2-bedrooms: $1,230, 3-bedrooms: $1,690, 4-bedrooms: $2,280. The most common rental property sizes in Laramie, WY are 2-bedroom and 3-bedroom, accounting for 32.6% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,290 |
| Studio Rent | $799 | $772 |
| 1 Bed Rent | $899 | $891 |
| 2 Bed Rent | $1,150 | $1,230 |
| 3 Bed Rent | $1,600 | $1,690 |
| 4 Bed Rent | $2,200 | $2,280 |
% of Rental Stock
Property Listings — Laramie, WY
As of Oct '25, Realtor.com reports that the median days on market for a home in Laramie, WY is 70. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | -6.0% |
Listing Count | 111 | 35.0% |
| Listings as % of Homes | 0.5% | 35.0% |
Days on Market | 70 | 15.0% |
Demographics — Laramie, WY
As of the latest ACS Survey released in 2023, Laramie, WY has a population of 20,100, which has remained stable by -0.9% over the past 5 years. Laramie, WY is a moderately popular place for families, as children make up 16.8% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | -0.9% |
% Under 18 | 16.8% | 4.3% |
% Seniors | 13.4% | 12.6% |
% WFH | 9.5% | 111.1% |
% w/ College Degree | 53.2% | 8.1% |
As of the latest ACS Survey released in 2023, Laramie, WY is a predominantly white area, with 80.0% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Laramie, WY is hispanic, making up 11.3% of the population. Foreign-born residents account for 6.3% of the population in Laramie, WY, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.0% | -8.8% |
% Black | 1.3% | 550.0% |
% Hispanic | 11.3% | 54.8% |
% Asian | 2.6% | 36.8% |
% Foreign Born | 6.3% | 12.5% |
Mortgage and Risk — Laramie, WY
According to HUD data as of 2023, there were 348 mortgage originations in Laramie, WY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Laramie, WY. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 348 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Laramie, WY
Laramie, WY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 244 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$59 | $899 | $840 |
| 2 Bedroom | -$120 | $1,150 | $1,030 |
| 3 Bedroom | -$160 | $1,600 | $1,440 |
| 4 Bedroom | -$470 | $2,200 | $1,730 |
Affordability — Laramie, WY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $375,000 |
| Median Household Income | $65,400 |