Market Overview
Home Prices in Laramie, WY
The median home value in Laramie, WY is $381,762 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and up 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laramie are priced7% below average. Laramie is part of the Laramie, WY metro area.
Over the past five years, Laramie home values have risen by approximately28.8%, reflecting strong long-term appreciation in this market.
Price History
Laramie Home Price Trend
City Comparison
Laramie vs. National Median
At $381,762, homes in Laramie cost 7% below the national median of $410,000. This makes Laramie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laramie?
20% Down Payment
$76,352
on $381,762
Monthly P&I
$1,991/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,529/mo
incl. taxes & insurance
Income Needed
$101,160
gross annual (30% rule)
10% Down Option
$38,176
+ PMI applies
Loan Amount (20% dn)
$305,410
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 Laramie, WY?
The median home value in Laramie is $381,762 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Laramie?
Over the past year, home values in Laramie have increased by 0.1%. Over five years, prices have risen approximately 28.8%.
How much do I need to earn to buy a home in Laramie?
To comfortably afford the median home price of $381,762 with a 20% down payment ($76,352) at today's rates (6.8%), you'd need a gross annual income of approximately $101,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Laramie compare to the national average home price?
The national median home value is approximately $410,000. At $381,762, homes in Laramie are 7% below the national average.
What metro area is Laramie part of?
Laramie is part of the Laramie, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.