Cheyenne, the capital city of Wyoming, has a lot to offer its 61,000 residents: clean air, little traffic congestion, low crime, affordable housing, excellent schools and plenty of year-round recreational activities.
The city has a strong sense of community and hosts several events throughout the year, such as the Laramie County Fair and Rodeo held every August, Oktoberfest and The Goblin Walk both held in October, and the annual Christmas Parade. Cheyenne?s most famous event is the Frontier Days western celebration held every July. This event features the world?s largest outdoor rodeo, the latest in top country and western entertainment, plenty of food and a variety of parades and activities.
Cheyenne prides itself on its blend of the Old and New West, its excellent schools, its strong business community and overall great quality of life. Historic Downtown Cheyenne offers a look back at the city?s history at the Nelson Museum of the West, the Wyoming State Museum as well as the historic State Capitol Building and Governor?s Mansion.
Real Estate Market Summary - Prices of Cheyenne Homes for Sale
Cheyenne's real estate market is made up of a collection of older and newly built homes. Real estate options consist of single-family homes, condominiums, townhomes, and land for sale. Condominiums and townhouses in Cheyenne can be found starting at around $50,000 and run up to approximately up to $200,000 for newer properties with amenities. Additionally, Cheyenne's single-family homes begin in the $50,000s for older models with limited space. Newer properties start at under $100,000 and run up to $1 million and more for estate homes and farm and ranch properties with acreage. There are also parcels of land available for sale.
Cheyenne Real Estate Stats and Trends for the week of March 28th, 2020: homes priced around $244,690 compared to $244,690 the previous week, to remain steady with no change in listing price. For Saturday, March 28th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.