Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$314,648+1.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$68,209About 0.8× the local median income ($86,030): affordable for a typical household
Days on market53 daysAbout the same pace as a year ago
The typical home in Converse County, WY is worth $314,648, up 1.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $285,721, so the area is 10.1% overvalued. It is a buyer's market: homes take about 53 days to sell, listings are up 12% from a year ago, 25% of listings have had a price cut. A household needs about $68,209 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,030. Typical rent is $962 a month. In the latest IRS figures, 80 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$314,648
Change in 1 year
+1.7%
Overvalued %
+10.1%
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Fair home value
$285,721
Change in 5 years
+25.6%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,705
Income needed to afford it
$68,209
Property tax rate
0.56%
Rent and investing
Typical rent
$962
Price-to-rent ratio
27.2×
HUD Fair Market Rent, 2 bedrooms
$1,052
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Gross rental yield
3.67%
Cap rate (estimate)
2.39%
Market activity
Listings vs a year ago
+12.5%
Days on market
53
Listings with a price cut
25.0%
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Homes for sale
45
Pending sales per 100 listings
4
Asking price per sq ft
$168
People and jobs
Median household income
$86,030
Population change (1 year)
+0.2%
Unemployment rate
4.2%
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Population
13,824
Income adjusted for cost of living
$93,919
Net moves in (IRS)
−80
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
31.4
Unhealthy air days a year
0
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Flood risk score
40.4
Wildfire risk score
91.1
Walkability (1 to 20)
6.8
Road, rail and air noise
53 dB
Questions people ask
Is Converse County, WY overvalued?
Home prices in Converse County, WY are well above what local incomes have historically supported: fair value is about $285,721, so the area is 10.1% overvalued.
Is Converse County, WY a buyer's or seller's market?
Converse County, WY is a buyer's market: homes take about 53 days to sell, listings are up 12% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Converse County, WY?
Home values in Converse County, WY are up 1.7% over the last year.
How much do you need to earn to buy a home in Converse County, WY?
A household needs about $68,209 a year to afford the typical home in Converse County, WY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,030.