Bankruptcy Homes in Cheyenne, WY

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Home Value Estimator For Cheyenne, WY

There are currently 32,281 real estate properties in Cheyenne, WY, with a median automated valuation model (AVM) price of $349,824.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheyenne, WY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cheyenne, WY, is $388,907.00, with the most expensive house in Cheyenne, WY, topping out at $7,352,900.00 and the cheapest home in Cheyenne, WY, clocking in at $10,519.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheyenne, WY!

Rent Prices In Cheyenne, WY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheyenne, WY, is on a rollercoaster ride. The average rent price in Cheyenne, WY, is $1,204.00. Indeed, when looking to rent in Cheyenne, WY, you can expect to pay as little as $440.00 or as much as $2,880.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Cheyenne, WY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Cheyenne, WY In 2024

Cheyenne is located in Laramie, Wyoming, with an estimated municipal population of 64,235 residents. All of the best foreclosed homes for sale in Cheyenne are located in the following zip code areas on 82009 82007 82001 82002 82003. The estimated population per square kilometer (.62 miles) in Cheyenne is 771.

Cost Of Living In Cheyenne, WY

So, about how much do homes cost in Cheyenne? The most recent median value of resident-owned homes in Cheyenne is 213,455. An estimated 65.9 percent of households in Cheyenne own their homes, with an average family size of 2.91. The median household income in Cheyenne is 64,598, with26.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cheyenne, the median commute time of resident workers (in minutes) is 14.3. And last, but certainly not least, are you looking for homes to rent in Cheyenne? If so, the average rent price paid by renters in Cheyenne is 915, according to recent statistics.

Diversity And Demographics In Cheyenne, Wyoming

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cheyenne, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cheyenne is 36.6, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Cheyenne is 50.3, with an average family size of 2.91.

The percentage of residents who report their race in Cheyenne is as follows:

White 89.5%
Black / African American 2%
Asian 1.5%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 3.9%
Other 2%

Looking for family-friendly neighborhoods in and/or near Cheyenne? Or maybe you are searching for 55+ active adult communities in and/or near Cheyenne?

The percentage of residents who report their age in Cheyenne is as follows:

Under 10 12.5%
Aged 10-19 11.6%
20s 15.1%
30s 15.3%
40s 10.7%
50s 12.3%
60s 11%
70s 6.7%
80+ 4.8%

Best Schools In Cheyenne, Wyoming

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cheyenne with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cheyenne.

Pros And Cons Of Living In Cheyenne, Wyoming

How do you know that living in -- or moving to -- Cheyenne is right where you need to be? Perhaps you grew up in Cheyenne or already live nearby; therefore, the decision to buy a home in Cheyenne is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cheyenne for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cheyenne:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cheyenne.

Reasons To Move To Cheyenne, Wyoming, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cheyenne can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cheyenne, meanwhile, can field multiple offers from more qualified buyers.

Cheyenne, WY Bankruptcy Homes


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