Learn how Cheyenne's real estate market is performing in 2024.
I want to give you a quick update on the Cheyenne summer market for 2024. In the month of June, we sold 211 homes compared to 208 homes during the same time last year. The average home price in Cheyenne is currently $405,000, up from $388,000 last year.
“The average home price in Cheyenne is currently $405,000, up from $388,000 last year. ”
What does this tell me? Firstly, despite concerns about interest rates and market actions, pricing hasn’t been affected negatively. In fact, we are up almost 4.3% over last year. This shows that, regardless of what the media says or what’s happening in the world, real estate continues to rise.
So, don’t wait. Get on board the train, take a ride, and secure your home before rates climb another 4% to 5%. If you have any questions, feel free to reach out at 307-772-1184.
