Market Overview
Home Prices in Rock Springs, WY
The median home value in Rock Springs, WY is $295,752 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rock Springs are priced28% below average. Rock Springs is part of the Rock Springs, WY metro area.
Over the past five years, Rock Springs home values have risen by approximately20.3%, reflecting strong long-term appreciation in this market.
Price History
Rock Springs Home Price Trend
City Comparison
Rock Springs vs. National Median
At $295,752, homes in Rock Springs cost 28% below the national median of $410,000. This makes Rock Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rock Springs?
20% Down Payment
$59,150
on $295,752
Monthly P&I
$1,542/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,958/mo
incl. taxes & insurance
Income Needed
$78,320
gross annual (30% rule)
10% Down Option
$29,575
+ PMI applies
Loan Amount (20% dn)
$236,602
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 Rock Springs, WY?
The median home value in Rock Springs is $295,752 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Rock Springs?
Over the past year, home values in Rock Springs have decreased by 1.1%. Over five years, prices have risen approximately 20.3%.
How much do I need to earn to buy a home in Rock Springs?
To comfortably afford the median home price of $295,752 with a 20% down payment ($59,150) at today's rates (6.8%), you'd need a gross annual income of approximately $78,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Rock Springs compare to the national average home price?
The national median home value is approximately $410,000. At $295,752, homes in Rock Springs are 28% below the national average.
What metro area is Rock Springs part of?
Rock Springs is part of the Rock Springs, WY metropolitan area. Home prices and market conditions can vary across the broader metro region.