Market Overview
Home Prices in Midwest, WY
The median home value in Midwest, WY is $56,576 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 10.6% compared to a year ago and down 16.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midwest are priced86% below average. Midwest is part of the Casper, WY metro area.
Over the past five years, Midwest home values have fallen by approximately42.0%, reflecting softening conditions in this market.
Price History
Midwest Home Price Trend
City Comparison
Midwest vs. National Median
At $56,576, homes in Midwest cost 86% below the national median of $410,000. This makes Midwest a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Midwest?
20% Down Payment
$11,315
on $56,576
Monthly P&I
$295/mo
30-yr @ 6.8%
Total Monthly Est.
~$375/mo
incl. taxes & insurance
Income Needed
$15,000
gross annual (30% rule)
10% Down Option
$5,658
+ PMI applies
Loan Amount (20% dn)
$45,261
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 Midwest, WY?
The median home value in Midwest is $56,576 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 10.6% year-over-year.
How much have home prices changed in Midwest?
Over the past year, home values in Midwest have decreased by 10.6%. Over five years, prices have fallen approximately 42.0%.
How much do I need to earn to buy a home in Midwest?
To comfortably afford the median home price of $56,576 with a 20% down payment ($11,315) at today's rates (6.8%), you'd need a gross annual income of approximately $15,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Midwest compare to the national average home price?
The national median home value is approximately $410,000. At $56,576, homes in Midwest are 86% below the national average.
What metro area is Midwest part of?
Midwest is part of the Casper, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.