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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 10,224, 4,503 total housing units (homes and apartments), and a median house value of $491,713, Cody real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Cody, accounting for 68.31% of the city's housing units. Other types of housing that are prevalent in Cody include duplexes, homes converted to apartments or other small apartment buildings ( 9.92%), row houses and other attached homes ( 8.35%), and a few mobile homes or trailers ( 8.14%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cody. Owner-occupied housing accounts for 68.71% of Cody's homes, and 57.51% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Cody 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 Cody built between 1940-1969 ( 26.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.58%). There's also some housing in Cody built before 1939 ( 9.41%).
Appreciation rates for homes in Cody have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.73%, which ranks in the top 40% nationwide. This equates to an annual average Cody house appreciation rate of 7.11%.
NeighborhoodScout's data show that during the latest twelve months, Cody's appreciation rate, at 5.88%, has been at or slightly above the national average. In the latest quarter, Cody's appreciation rate has been 4.60%, which annualizes to a rate of 19.69%.
Importantly, this makes Cody one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Wyoming, our data show that Cody's latest annual appreciation rate is higher than 80% of the other cities and towns in Wyoming.
$491,713
for Wyoming
for nation
4,503
$1,394 / per month