Casper, WY


Highest Appreciating Casper Neighborhoods Since 2000

Casper, WY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Casper Housing Market Information

With 60,285 people, 23,814 houses or apartments, and a median cost of homes of $200,326, Casper real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Casper, accounting for 68.63% of the city's housing units. Other types of housing that are prevalent in Casper include large apartment complexes or high rise apartments ( 16.36%), duplexes, homes converted to apartments or other small apartment buildings ( 8.30%), and a few mobile homes or trailers ( 4.28%).

The most prevalent building size and type in Casper are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.35% owning and 37.65% renting.

There is a lot of housing in Casper built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Casper built between 1940-1969 ( 32.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.51%). There's also some housing in Casper built before 1939 ( 12.95%).

Casper Home Appreciation Rates

Appreciation rates for homes in Casper have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.15%, which ranks in the top 40% nationwide. This equates to an annual average Casper house appreciation rate of 0.60%.

Over the last year, Casper appreciation rates have trailed the rest of the nation. In the last twelve months, Casper's appreciation rate has been -2.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Casper were at 0.36%, which equates to an annual appreciation rate of 1.45%.

Notably, Casper's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Wyoming, our data show that Casper's latest annual appreciation rate is lower than 90% of the other cities and towns in Wyoming.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Casper differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Casper - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Casper real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,039,000 0.7
$780,001 - $1,039,000 0.3
$519,001 - $780,000 1.8
$416,001 - $519,000 2.6
$312,001 - $416,000 8.5
$208,001 - $312,000 25.4
$104,001 - $208,000 47.7
$52,001 - $104,000 5.1
$0 - $52,000 8.0

Average for WY
High for Nation

Value Relative to Nation Value Relative to State
33.263071608408 58.4905660377358

Number Of Homes And Apartments:

Casper Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
101.01% 4.07% 8 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,046 / per month

Homeownership Rate

Owners 62.35
Renters 37.65
Vacant 8.24

Housing Market Details


Age of Homes

2000 or Newer 13.5
1970 - 1999 40.9
1940 - 1969 32.7
1939 or Older 13.0

Types of Homes

Single-Family 68.6
Townhomes 2.4
Small Apt. Buildings 8.3
Apt. Complexes 16.4
Mobile Homes 4.3
Other 0.0

Home Size

No Bedroom 1.43
1 Bedroom 10.40
2 Bedrooms 27.10
3 Bedrooms 34.06
4 Bedrooms 19.11
5 or more bedrooms 7.90