WY · #50 by population

Buying a home in Wyoming

In Wyoming, the median owner-occupied home is valued at $357,300 (Census ACS 2025); there is no state transfer tax, and owners pay a median $1,767 a year in property tax (0.57% effective rate).

In short

Wyoming has no real estate transfer tax, does not require an attorney at closing and has no general seller disclosure form (buyer beware). It allows both court and out-of-court foreclosure and is not a community property state. Deadline to appeal a property tax assessment: within 30 days of the date on the assessment schedule; county board gives written findings by October 1.

Key figures for Wyoming

  • Median home value: $357,300, owner-occupied homes, Census ACS 2025; $358,200 in the city of Cheyenne. Compare
  • Price trend: The FHFA House Price Index shows Wyoming prices up 3.2% between the second quarters of 2025 and 2026.
  • State transfer tax: none. Compare
  • Median property tax paid: $1,767 a year, 0.57% of the median value (U.S.: 0.94%), Census ACS 2020-2024. By county

Calculate for Wyoming

If you buy

Wyoming state transfer tax

Wyoming has no real estate transfer tax. Change the price: the amount is recalculated instantly.

Price$357,300
State transfer tax$0
Share of the price—

Default price: the Wyoming median value of owner-occupied homes, $357,300 (Census ACS 2025). Rule: No tax is calculated on the price. Recording fees depend on page count. Who pays: No transfer tax. No statute read assigns the recording fee to buyer or seller; the purchase contract decides. Not included: county and city transfer taxes, recording fees, title insurance and lender charges. Wyoming transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Wyoming state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

Cities in Wyoming

  • Cheyenne main city of Wyoming on Payotte

Sectors of Cheyenne

How Cheyenne is divided: City Council wards.

Buying in Wyoming: frequently asked questions

What is the median home value in Wyoming?

The median value of owner-occupied homes in Wyoming is $357,300 (Census ACS 2025), and $358,200 in the city of Cheyenne. These are owner estimates, not sale prices. The FHFA House Price Index shows Wyoming prices up 3.2% between the second quarters of 2025 and 2026.

Median home value in all 50 states

Is there a real estate transfer tax in Wyoming?

In the Wyoming statutes read (Titles 34 and 39, compiled May 2026), no state, county or city tax is charged on recording a deed. Recording costs $12 for the first page and $3 for each additional page, and the buyer must file a sworn statement of the price.

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What closing costs does Wyoming law set?

Wyoming has no official typical closing-cost total. The statutes read impose no transfer tax, the county clerk charges $12 to record the first page and $3 for each additional page, and title premiums follow each insurer's filed schedule.

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How is property tax calculated in Wyoming?

Wyoming values each home at market value every year and taxes 9.5% of it. The Laramie County 2025 sheet gives 70.54 mills for Cheyenne's main school district, and owner-occupants can claim a 25% exemption on the first $1 million of value.

Full Wyoming guide · Compare all 50 states

How much property tax do homeowners pay in Wyoming?

Owner-occupants in Wyoming pay a median $1,767 a year in property tax on a median home value of $309,700, an effective rate of 0.57% (U.S.: $3,119, 0.94%), per Census ACS 2020-2024 estimates.

Property tax by county in Wyoming

What is the deadline to appeal a property tax assessment in Wyoming?

In Wyoming, file a statement of reasons with the county assessor within 30 days of the date on your assessment schedule (W.S. 39-13-109(b)(i)). Appeals go to the county board of equalization, which issues written findings by October 1.

Full Wyoming guide · Compare all 50 states

Do you need a real estate attorney to close in Wyoming?

No Wyoming statute read requires an attorney to buy or sell a home. The Wyoming Title Insurance Act lets a licensed title insurer or title agent run escrow, settlement and closing (W.S. 26-23-314) but does not authorize anyone to practice law.

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What must a home seller disclose in Wyoming?

Wyoming has no statute that makes a private home seller fill out a condition form. The one property disclosure statute, W.S. 34-1-151, covers vacant land. A licensed agent who knows an adverse material fact must tell a buyer (W.S. 33-28-303(c)).

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How does foreclosure work in Wyoming?

Most Wyoming mortgages contain a power of sale, so lenders can foreclose by advertisement without a lawsuit: the lender mails notice at least 10 days before publishing it for four consecutive weeks, then a sheriff's sale follows.

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What first-time home buyer programs does Wyoming offer?

In Wyoming, the Wyoming Community Development Authority (WCDA) offers a first-time buyer loan with a 2026 purchase price limit of $566,354 in Laramie County and household income limits of $104,400 (1 to 2 people) or $120,060 (3 or more).

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How much tax when you sell a home in Wyoming?

The federal rule is the same in Wyoming as in every state: if you owned and lived in the home as your main home for at least 2 of the last 5 years, the first $250,000 of gain is excluded, $500,000 for a married couple filing jointly (Section 121, IRS Publication 523). Bought $400,000, sold $750,000: a single owner has $100,000 of taxable gain, $15,000 of federal tax at the 15% long-term rate; a couple filing jointly owes nothing. Wyoming income tax on the gain is not computed here.

Capital gains on a home sale

Wyoming guides

Professionals in Wyoming

Sources

Data as of . Figures are computed from these sources.

All states · Federal guides