Market Overview
Home Prices in Alcova, WY
The median home value in Alcova, WY is $356,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 8.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alcova are priced13% below average. Alcova is part of the Casper, WY metro area.
Over the past five years, Alcova home values have risen by approximately44.1%, reflecting strong long-term appreciation in this market.
Price History
Alcova Home Price Trend
City Comparison
Alcova vs. National Median
At $356,732, homes in Alcova cost 13% below the national median of $410,000. This makes Alcova a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alcova?
20% Down Payment
$71,346
on $356,732
Monthly P&I
$1,861/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,363/mo
incl. taxes & insurance
Income Needed
$94,520
gross annual (30% rule)
10% Down Option
$35,673
+ PMI applies
Loan Amount (20% dn)
$285,386
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alcova, WY?
The median home value in Alcova is $356,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in Alcova?
Over the past year, home values in Alcova have increased by 7.7%. Over five years, prices have risen approximately 44.1%.
How much do I need to earn to buy a home in Alcova?
To comfortably afford the median home price of $356,732 with a 20% down payment ($71,346) at today's rates (6.8%), you'd need a gross annual income of approximately $94,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Alcova compare to the national average home price?
The national median home value is approximately $410,000. At $356,732, homes in Alcova are 13% below the national average.
What metro area is Alcova part of?
Alcova is part of the Casper, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.