Wheatland, WY82201

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$292,000
4.7% YoY Growth
Median Household Income
$65,900
36.5% 5-Year Growth
Days on Market
81
10.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$775
4.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
$775
0.0% YoY Growth

Property Listings — Wheatland, WY

As of Oct '25, Realtor.com reports that the median days on market for a home in Wheatland, WY is 81. This is a increase of 10.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$420,00020.0%
Listing Count
4520.0%
Listings as % of Homes0.9%20.0%
Days on Market
8110.0%
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Demographics — Wheatland, WY

As of the latest ACS Survey released in 2023, Wheatland, WY has a population of 6,620, which has increased by 2.2% over the past 5 years. Wheatland, WY is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,6202.2%
% Under 18
19.0%-5.5%
% Seniors
25.0%8.2%
% WFH
5.7%-39.4%
% w/ College Degree
19.9%-15.3%
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As of the latest ACS Survey released in 2023, Wheatland, WY is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Wheatland, WY is hispanic, making up 9.8% of the population. Foreign-born residents account for 0.0% of the population in Wheatland, WY, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.0%-4.9%
% Black
0.5%∞%
% Hispanic
9.8%42.0%
% Asian
0.0%-100.0%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Wheatland, WY

According to HUD data as of 2023, there were 155 mortgage originations in Wheatland, WY, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Wheatland, WY. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
155
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
3.0%
% Second Loans
2.0%
% Cash Out Refinance
18.0%

Loan Activity

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Rentals and Section 8 — Wheatland, WY

Wheatland, WY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
45
Total Units Section 8
45
% Rentals under Section 8
N/A
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$760
2 Bedroom$100$850$950
3 Bedroom$515$775$1,290
4 BedroomN/AN/A$1,560

Affordability — Wheatland, WY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$292,000
Median Household Income$65,900

Wheatland, WY — ZIP Code Boundary Map

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Frequently Asked Questions