Cody, WY metro housing market

What this means

• Prices. Home values are down 3.1% over the past year (U.S.: +1.2%).
• Supply. Listings are 35% below the 2017-19 norm and falling (−20% vs. a year ago): still a tight market.
• Negotiating. Buyer leverage is high (74/100; U.S.: 54): homes sell for about 3.6% below their final list price (as of Jul 2026); 20% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 44% of the median household income (U.S.: 35%); it takes about $108k a year to keep the payment at 30% of gross pay. That includes about $1,696 a year for home insurance (U.S.: $1,790).
• Buy vs. rent. Buying costs about $1,310/mo more than renting a typical home (mortgage payment vs. typical rent).
• Disaster risk. FEMA expects about $142 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
• Outlook. Leaning up: likely −5% to +10% over the next 12 months (77% chance of a rise).

Next 12 months

Leaning up

Prices are more likely to rise than fall over the next year. Likely change: −4.6% to +10.3% (80% range; middle estimate +4.3%), chance of a rise 77%, of a 5%+ drop 9%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

Counties in Cody, WY metro