Market Overview
Home Prices in Casper, WY
The median home value in Casper, WY is $314,485 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Casper are priced23% below average. Casper is part of the Casper, WY metro area.
Over the past five years, Casper home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Casper Home Price Trend
City Comparison
Casper vs. National Median
At $314,485, homes in Casper cost 23% below the national median of $410,000. This makes Casper a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Casper?
20% Down Payment
$62,897
on $314,485
Monthly P&I
$1,640/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,083/mo
incl. taxes & insurance
Income Needed
$83,320
gross annual (30% rule)
10% Down Option
$31,449
+ PMI applies
Loan Amount (20% dn)
$251,588
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 Casper, WY?
The median home value in Casper is $314,485 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Casper?
Over the past year, home values in Casper have increased by 1.5%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Casper?
To comfortably afford the median home price of $314,485 with a 20% down payment ($62,897) at today's rates (6.8%), you'd need a gross annual income of approximately $83,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Casper compare to the national average home price?
The national median home value is approximately $410,000. At $314,485, homes in Casper are 23% below the national average.
What metro area is Casper part of?
Casper is part of the Casper, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.