Market Overview
Home Prices in Ranchester, WY
The median home value in Ranchester, WY is $407,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ranchester are priced1% below average. Ranchester is part of the Sheridan, WY metro area.
Over the past five years, Ranchester home values have risen by approximately26.2%, reflecting strong long-term appreciation in this market.
Price History
Ranchester Home Price Trend
City Comparison
Ranchester vs. National Median
At $407,519, homes in Ranchester cost 1% below the national median of $410,000. This makes Ranchester a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ranchester?
20% Down Payment
$81,504
on $407,519
Monthly P&I
$2,125/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,699/mo
incl. taxes & insurance
Income Needed
$107,960
gross annual (30% rule)
10% Down Option
$40,752
+ PMI applies
Loan Amount (20% dn)
$326,015
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 Ranchester, WY?
The median home value in Ranchester is $407,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Ranchester?
Over the past year, home values in Ranchester have decreased by 0.5%. Over five years, prices have risen approximately 26.2%.
How much do I need to earn to buy a home in Ranchester?
To comfortably afford the median home price of $407,519 with a 20% down payment ($81,504) at today's rates (6.8%), you'd need a gross annual income of approximately $107,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Ranchester compare to the national average home price?
The national median home value is approximately $410,000. At $407,519, homes in Ranchester are 1% below the national average.
What metro area is Ranchester part of?
Ranchester is part of the Sheridan, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.