Green River, 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

Green River, WY Housing Market Trends

With a population of 11,825, 4,370 total housing units (homes and apartments), and a median house value of $277,665, Green River real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Green River, accounting for 65.01% of the city's housing units. Other types of housing that are prevalent in Green River include mobile homes or trailers ( 12.46%), duplexes, homes converted to apartments or other small apartment buildings ( 11.70%), and a few large apartment complexes or high rise apartments ( 8.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Green River. Owner-occupied housing accounts for 74.48% of Green River's homes, and 62.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Green River 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 Green River built between 1940-1969 ( 14.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.36%). There's also some housing in Green River built before 1939 ( 6.13%).

Vacant housing appears to be an issue in Green River. Fully 15.20% of the housing stock is classified as vacant. Left unchecked, vacant Green River homes and apartments can be a drag on the real estate market, holding Green River 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.

Green River Home Appreciation Rates

Green River's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Green River during the period has been just 3.08%, which is lower than 80% of US communities.

Over the last year, Green River appreciation rates have trailed the rest of the nation. In the last twelve months, Green River's appreciation rate has been 13.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Green River were at 2.59%, which equates to an annual appreciation rate of 10.78%.

Relative to Wyoming, our data show that Green River's latest annual appreciation rate is lower than 80% of the other cities and towns in Wyoming.

Average Home Values

 

Median Home Value:
$277,665

Green River, WY HOME PRICES

> $1,188,000
$892,001 - $1,188,000
$594,001 - $892,000
$475,001 - $594,000
$357,001 - $475,000
$238,001 - $357,000
$119,001 - $238,000
$59,001 - $119,000
$0 - $59,000
0.2%
0.2%
0.1%
0.1%
0.9%
0.9%
5.2%
5.2%
16.5%
16.5%
39.1%
39.1%
24.9%
24.9%
3.2%
3.2%
9.7%
9.7%
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:
4,370

Green River 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
136.43% 3.94%
3
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,112 / per month

Homeownership Rate

Owners
Renters
Vacant
74.5%
74.5%
25.5%
25.5%
15.2%
15.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.4%
10.4%
69.1%
69.1%
14.4%
14.4%
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.0%
65.0%
2.5%
2.5%
11.7%
11.7%
8.3%
8.3%
12.5%
12.5%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
4.3%
4.3%
18.8%
18.8%
42.6%
42.6%
20.0%
20.0%
13.1%
13.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Green River

Popular Communities Near Green River, WY

Zip Codes in Green River, WY