New Listing
20
$189,000
14 Red Cedar Rd
Lander, WY 82520
0 ba
Land4.96 acres
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Sarah Mitchell
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Compass Real Estate · Lander, WY
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Lander, WY(512) 555-0184TX License #0512847
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Lander, WY Housing Market
Buyer's market+3.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Lander, WY is worth $388,382, rose 3.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $392,000, +7.4% year over year (through May 2026). With 5.4 months of supply and homes going under contract in about 100 days, Lander is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $388,382 home is about $2,073/mo in principal and interest.
Key numbers for Lander, WY
Typical home value
$388,382
+3.3% in 12 months
Zillow, August 2026
Typical asking rent
$1,446/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$392,000
+7.4% year over year
Redfin, through May 2026
Days on market
100
Slow-moving
Redfin, through May 2026
Active listings
27
5.4 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$71,601
Home costs 5.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Lander a buyer's or seller's market?
Buyer's market5.4 months of supply100 days on market95.8% of asking
Lander, WY is a buyer's market, based on 5.4 months of supply and homes selling in about 100 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Lander housing market data show?
Every row below is Redfin's final published month for Lander, WY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $392,000 |
| Median list price | $389,500 |
| Year-over-year price change | +7.4% |
| Median price per sq ft | $269/sq ft |
| Median days on market | 100 days |
| Active inventory | 27 listings |
| Months of supply | 5.4 months |
| Sale-to-list price ratio | 95.8% |
| Homes sold (that month) | 5 |
| New listings (that month) | 12 |
| Listings with a price cut | 25.9% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lander is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Lander is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Lander home prices moved?
Over the last three years the median sale price in Lander, WY rose 6.8%, from $367,000 to $392,000. The live Zillow value series has rose 3.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.9% of Lander listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.4 months while the sale-to-list ratio slips below its current 95.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Lander?
Priced off the typical home value of $388,382 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $77,676 | $310,706 | $2,073/mo |
| 5% | $19,419 | $368,963 | $2,462/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,073, that implies roughly $88,860 a year before you add taxes and insurance. The median household in Lander earns $71,601, about $17,259 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Lander in the next 12 months?
Tell us your timeline. We send the Lander market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Lander?
Typical asking rent in Lander, WY is $1,446/mo, against a typical home value of $388,382. That is a price-to-rent ratio of 22.4x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,073 a month — $628 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Lander?
Active listings in Lander, WY went from 24 in May 2025 to 27 in May 2026, a +12.5% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 24 | 8 |
| July 2025 | 31 | 12 |
| August 2025 | 27 | 5 |
| September 2025 | 22 | 4 |
| October 2025 | 24 | 8 |
| November 2025 | 25 | 13 |
| December 2025 | 22 | 3 |
| January 2026 | 21 | 4 |
| February 2026 | 24 | 7 |
| March 2026 | 23 | 6 |
| April 2026 | 23 | 10 |
| May 2026 | 27 | 12 |
Redfin, through May 2026
How does Lander compare to Wyoming and the U.S.?
Lander homes sell for $392,000 — 16% below the Wyoming median of $464,500. Against the national median of $410,700, Lander runs 5% lower. Year-over-year, Lander moved +7.4% against Wyoming's +18.0% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Lander, WY | $392,000 | +7.4% | 100 days |
| Wyoming statewide | $464,500 | +18.0% | 51 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Lander
What buyers should watch
- Months of supply, currently 5.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.9%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $389 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $388,382 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Lander listing goes under contract in 100 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Lander added 12 new listings against 5 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Lander varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Lander
There are currently 27 homes listed for sale in Lander, Wyoming. The median listing price is $390K. Featured listings range from $189,000 to $795,000.
39
$360,000
695 N 9th St
Lander, WY 82520
4 bd1 ba2,080 sqft$173/ft²
House7,405 sqft lot
View photos & details
New Listing
41
$395,000
333 Bellvue Ave
Lander, WY 82520
4 bd2 ba1,732 sqft$228/ft²
House7,841 sqft lot
View photos & details
New Listing
36
$400,000
1160 Gabel St
Lander, WY 82520
2 bd2 ba1,380 sqft$290/ft²
House5,227 sqft lot
Tiffany Hartpence · Home Source Realty-Lander
View photos & details
30
$415,000
20 Glory Ln
Lander, WY 82520
3 bd2 ba2,272 sqft$183/ft²
House8.17 acres
Bonnie Kirk · Real Estate of the West
View photos & details
6
$429,000
360 N 9th St
Lander, WY 82520
3 bd2 ba1,645 sqft$261/ft²
House7,405 sqft lot
View photos & details
39
$445,000
348 Del St
Lander, WY 82520
5 bd3 ba2,184 sqft$204/ft²
House7,405 sqft lot
View photos & details
New Listing
27
$450,000
350 Canyon St
Lander, WY 82520
4 bd2 ba2,047 sqft$220/ft²
House7,405 sqft lot
View photos & details
36
$477,000
316 Del St
Lander, WY 82520
4 bd3 ba1,716 sqft$278/ft²
House8,276 sqft lot
View photos & details
45
$707,777
2021 Hillcrest Dr
Lander, WY 82520
4 bd2 ba2,012 sqft$352/ft²
House21,780 sqft lot
View photos & details
50
$725,000
8471 Highway 789
Lander, WY 82520
4 bd2 ba3,240 sqft$224/ft²
House30.52 acres
Yvonne Patterson · Timber Ridge Realty
View photos & details
28
$795,000
3 Grand Cedars Rd
Lander, WY 82520
3 bd2 ba1,892 sqft$420/ft²
House6.77 acres
View photos & details
Looking to buy in Lander?
Get connected with a local real estate expert — free, no obligation.
Active listings
27
Homes on market
Median list price
$390K
Avg. days on market
100
Days until sale
New this week
12
Newly listed
Price drops:25.9%of listings
Sale-to-list:95.8%
How much do homes cost in Lander by property type?
How the Lander, WY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $392,000 | $269/sq ft | 5 | 100 days |
Who lives in Lander?
American Community Survey estimates for Lander. U.S. Census ACS, 2023
Population
7,565
Households
3,049
Median income
$71,601/yr
Median age
37.6 years
Owner-occupied
65.8%
Median home value
$321,800
Median gross rent
$870/mo
Mean commute
13.5 min
65.8% of occupied homes in Lander are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $321,800 against Zillow's $388,382 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $870/mo, below Zillow's $1,446/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Lander?
6 schools tracked · 1,612 students
The largest public schools serving Lander, WY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lander Valley High School
Grades 9-12 · 558 students
Gannett Peak Elementary
Grades K-3 · 432 students
Lander Middle School
Grades 6-8 · 371 students
Baldwin Creek Elementary
Grades 4-5 · 197 students
Pathfinder High School
Grades 9-12 · 54 students
Sunrise School
Grades 1-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lander, WY?
Ordered by distance from Lander, not by size. Compare Lander side by side with any of them.
Which ZIP codes are in Lander?
These are the ZIP codes we see on active Lander listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Lander housing market FAQ
Is Lander a buyer's or seller's market?
Lander, WY is currently a buyer's market. That read comes from 5.4 months of supply, homes going under contract in about 100 days, and sellers getting 95.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Lander?
The typical home in Lander, WY is worth $388,382 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $392,000, about $269 per square foot.
Is Lander cheaper than the rest of Wyoming?
Lander's median sale price of $392,000 is 16% lower than the Wyoming statewide median of $464,500, and 5% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Lander?
Homes in Lander, WY spent a median of 100 days on market before going under contract, versus 51 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Lander?
At the current 30-year fixed rate of 7.03%, 20% down on a $388,382 home is about $2,073 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $88,860 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $71,601.
Are home prices rising in Lander?
The typical home value in Lander, WY rose 3.3% over the last 12 months, from $376,064 to $388,382 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Lander?
Lander ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Lander?
That depends on your timeline, not on a headline. What the data says today: Lander, WY is a buyer's market with 5.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 22.4x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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