2016 Wyoming Real Estate and Housing Market Forecast

In May of 2012 the median home value in Wyoming was $78,500. Four years later that value has increased by $35,000 and is currently $113,500. Although the statewide median home value is one of the lowest in the country, the rate in which the value margin has increased in a relatively short time span is a big positive for the Wyoming’s real estate market. But like other energy-producing states, the oil industry continues to be a major factor for … [Read more...]

2015 Wyoming Real Estate and Housing Market Predictions

Like much of the Midwest, the slowing oil prices recently have investors cautiously eyeing the Wyoming housing market. But with the price dipping below $50 a barrel, oil-rich communities have yet to see much of a slowdown. One reason is that oil industry workers tend to reside in hotels, rental units, and RV’s. So as the oil market slumps it has had little impact on the housing market. In fact, the area most impacted by the oil industry has been … [Read more...]