Laramie, WY—82072
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 $363,000, with a year-over-year change of 6.8%. This indicates that home prices in Laramie, WY are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 6.8% |
| Single Family | $370,000 | 5.7% |
| Condos | $206,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $189,000 | 6.8% |
2 Bed | $259,000 | 6.1% |
3 Bed | $350,000 | 6.1% |
4 Bed | $406,000 | 5.5% |
| 5 Bed | $537,000 | 5.3% |
% of Housing Stock
Rental Trends — Laramie, WY
As of July '25, Rentcast reports the average rent in Laramie, WY is $1,160, with a year-over-year rent change of -7.2%. Per bedroom, the median rent as of July '25 in Laramie, WY is studios: $787, 1-bedrooms: $877, 2-bedrooms: $1,040, 3-bedrooms: $1,670, 4-bedrooms: $1,790. The most common rental property sizes in Laramie, WY are 2-bedroom and 1-bedroom, accounting for 35.1% and 18.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,160 |
| Studio Rent | $750 | $787 |
| 1 Bed Rent | $850 | $877 |
| 2 Bed Rent | $900 | $1,040 |
| 3 Bed Rent | $1,500 | $1,670 |
| 4 Bed Rent | $1,700 | $1,790 |
% 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 72. This is a increase of 18.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | -6.0% |
Listing Count | 52 | 27.0% |
| Listings as % of Homes | 0.3% | 27.0% |
Days on Market | 72 | 18.0% |
Demographics — Laramie, WY
As of the latest ACS Survey released in 2023, Laramie, WY has a population of 16,400, which has decreased by -3.0% over the past 5 years. Laramie, WY is a less popular place for families, as children make up 14.7% of the population. The area has a highly educated workforce, with 57.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | -3.0% |
% Under 18 | 14.7% | -16.5% |
% Seniors | 10.8% | 25.6% |
% WFH | 7.5% | 47.1% |
% w/ College Degree | 57.9% | 13.5% |
As of the latest ACS Survey released in 2023, Laramie, WY is a predominantly white area, with 79.9% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Laramie, WY is hispanic, making up 10.1% of the population. Foreign-born residents account for 7.7% of the population in Laramie, WY, and this percentage has decreased by 20.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.9% | 3.9% |
% Black | 1.1% | -56.0% |
% Hispanic | 10.1% | -15.8% |
% Asian | 5.4% | 17.4% |
% Foreign Born | 7.7% | -20.6% |
Mortgage and Risk — Laramie, WY
According to HUD data as of 2023, there were 184 mortgage originations in Laramie, WY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Laramie, WY. Investor activity is low, as 9.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 184 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 9.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
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 | 144 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $850 | $770 |
| 2 Bedroom | $40 | $900 | $940 |
| 3 Bedroom | -$180 | $1,500 | $1,320 |
| 4 Bedroom | -$120 | $1,700 | $1,580 |
Affordability — Laramie, WY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $363,000 |
| Median Household Income | $52,700 |