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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Lander, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Lander, WY Housing Market Trends

With a population of 7,581, 2,969 total housing units (homes and apartments), and a median house value of $383,560, Lander real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lander, accounting for 67.24% of the city's housing units. Other types of housing that are prevalent in Lander include large apartment complexes or high rise apartments ( 14.20%), mobile homes or trailers ( 10.73%), and a few row houses and other attached homes ( 4.77%).

The most prevalent building size and type in Lander are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.89% owning and 36.11% renting.

There is a lot of housing in Lander 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 Lander built between 1940-1969 ( 35.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.02%). There's also some housing in Lander built before 1939 ( 11.59%).

Lander Home Appreciation Rates

Real estate appreciation rates in Lander's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.68% during the period.

Over the last year, Lander appreciation rates have trailed the rest of the nation. In the last twelve months, Lander's appreciation rate has been 2.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lander were at 2.01%, which equates to an annual appreciation rate of 8.28%.

Relative to Wyoming, our data show that Lander's latest annual appreciation rate is lower than 60% of the other cities and towns in Wyoming.

Average Home Values

Median Home Value

$383,560

Lander, WY Home Prices
> $1,292,000
$969,001 - $1,292,000
$645,001 - $969,000
$516,001 - $645,000
$388,001 - $516,000
$258,001 - $388,000
$129,001 - $258,000
$64,001 - $129,000
$0 - $64,000
0.4%
0.4%
2.2%
2.2%
10.4%
10.4%
11.7%
11.7%
24.3%
24.3%
28.0%
28.0%
12.8%
12.8%
3.1%
3.1%
7.1%
7.1%
0% 100.0%
% of Homes
High

for Wyoming

High

for nation

Number of Homes And Apartments:

2,969

Lander Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,401 / per month

Homeownership Rate

Owners
Renters
63.9%
63.9%
36.1%
36.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.0%
8.0%
92.0%
92.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.0%
13.0%
40.1%
40.1%
35.2%
35.2%
11.6%
11.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.2%
67.2%
4.8%
4.8%
3.1%
3.1%
14.2%
14.2%
10.7%
10.7%
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
2.0%
2.0%
8.7%
8.7%
29.7%
29.7%
42.3%
42.3%
12.5%
12.5%
4.8%
4.8%
0% 100.0%
% of Homes

Popular Neighborhoods in Lander

Zip Codes in Lander, WY