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Douglas, WY Real Estate Market

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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Douglas, WY Housing Market Trends

With 6,386 people, 2,580 houses or apartments, and a median cost of homes of $284,338, Douglas real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Douglas, accounting for 62.20% of the city's housing units. Other types of housing that are prevalent in Douglas include large apartment complexes or high rise apartments ( 14.58%), mobile homes or trailers ( 13.13%), and a few row houses and other attached homes ( 5.52%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Douglas. Owner-occupied housing accounts for 71.42% of Douglas's homes, and 55.59% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Douglas 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 Douglas built between 2000 and later ( 24.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.68%). There's also some housing in Douglas built before 1939 ( 8.73%).

Vacant housing appears to be an issue in Douglas. Fully 17.15% of the housing stock is classified as vacant. Left unchecked, vacant Douglas homes and apartments can be a drag on the real estate market, holding Douglas real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Douglas Home Appreciation Rates

Douglas's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Douglas during the period has been just 3.40%, which is lower than 80% of US communities.

Over the last year, Douglas appreciation rates have trailed the rest of the nation. In the last twelve months, Douglas's appreciation rate has been 11.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Douglas were at 2.59%, which equates to an annual appreciation rate of 10.76%.

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

Average Home Values

 

Median Home Value:
$284,338

Douglas, WY HOME PRICES

> $1,242,000
$931,001 - $1,242,000
$621,001 - $931,000
$497,001 - $621,000
$373,001 - $497,000
$248,001 - $373,000
$124,001 - $248,000
$62,001 - $124,000
$0 - $62,000
0.5%
0.5%
0.8%
0.8%
10.8%
10.8%
5.3%
5.3%
7.1%
7.1%
41.2%
41.2%
19.7%
19.7%
5.8%
5.8%
8.7%
8.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for WY

Value Relative To Nation

Number Of Homes And Apartments:
2,580

Douglas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WY*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
147.77% 4.16%
3
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,002 / per month

Homeownership Rate

Owners
Renters
Vacant
71.4%
71.4%
28.6%
28.6%
17.1%
17.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.0%
25.0%
53.6%
53.6%
12.7%
12.7%
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
62.2%
62.2%
5.5%
5.5%
3.6%
3.6%
14.6%
14.6%
13.1%
13.1%
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
12.8%
12.8%
19.5%
19.5%
41.2%
41.2%
14.4%
14.4%
11.8%
11.8%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Douglas

Popular Communities Near Douglas, WY

Zip Codes in Douglas, WY