Market Overview
Home Prices in Cowley, WY
The median home value in Cowley, WY is $348,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.4% 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 Cowley are priced15% below average.
Over the past five years, Cowley home values have risen by approximately42.8%, reflecting strong long-term appreciation in this market.
Price History
Cowley Home Price Trend
2020
$206,054
$206K
—
2021
$243,894
$244K
+18.4%
2022
$280,339
$280K
+14.9%
2023
$281,610
$282K
+0.5%
2024
$295,956
$296K
+5.1%
2025
$321,219
$321K
+8.5%
2026
$348,311
$348K
+8.4%
City Comparison
Cowley vs. National Median
🏠 Cowley
$348,311
National Median
$410,000
At $348,311, homes in Cowley cost 15% below the national median of $410,000. This makes Cowley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cowley?
20% Down Payment
$69,662
on $348,311
Monthly P&I
$1,817/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,308/mo
incl. taxes & insurance
Income Needed
$92,320
gross annual (30% rule)
10% Down Option
$34,831
+ PMI applies
Loan Amount (20% dn)
$278,649
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 Cowley, WY?
The median home value in Cowley is $348,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.4% year-over-year.
How much have home prices changed in Cowley?
Over the past year, home values in Cowley have increased by 8.4%. Over five years, prices have risen approximately 42.8%.
How much do I need to earn to buy a home in Cowley?
To comfortably afford the median home price of $348,311 with a 20% down payment ($69,662) at today's rates (6.8%), you'd need a gross annual income of approximately $92,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Cowley compare to the national average home price?
The national median home value is approximately $410,000. At $348,311, homes in Cowley are 15% below the national average.