WY

Wyoming Home Buying Guide

West Region · Non-Judicial Foreclosure State

No Transfer Tax

Key Facts at a Glance

Median Home Price
$330,000
Property Tax Rate
0.61%
Transfer Tax
None
Attorney Required
No
Foreclosure Type
Non-Judicial

What Makes Wyoming Unique

No state income tax or transfer tax

Second-lowest property tax rate in the US

Jackson Hole is one of the most expensive small markets in the US

First-Time Buyer Programs in Wyoming

1

WCDA Advantage Loan

Contact your state housing finance agency for current eligibility and rates

2

WCDA Amortizing DPA

Contact your state housing finance agency for current eligibility and rates

3

USDA Rural Loans

Contact your state housing finance agency for current eligibility and rates

Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.

Closing Costs in Wyoming

0.8%
Avg Closing Costs
of purchase price
$2,640
Estimated Closing Costs
on median-priced home
None
Transfer Tax
no transfer tax!

Attorney at Closing

Attorney Not Required

Wyoming does not require an attorney at closing. A title company typically handles the transaction. Consider hiring one anyway for complex deals.

Local Tips for Wyoming Buyers

1

No income or transfer tax makes Wyoming extremely cost-efficient.

2

WCDA Amortizing DPA has a very low interest rate.

3

Jackson Hole is ultra-premium — Casper and Cheyenne are far more accessible.

Estimated Annual Ownership Cost in Wyoming

Based on the median home price of $330,000 with a 10% down payment and 7% mortgage rate.

Annual Mortgage Payment$23,701
Annual Property Taxes$2,013
Homeowners Insurance (est.)$1,650
Maintenance (est. 1%/yr)$3,300

Ready to Calculate Your Numbers?

Use our free calculators to estimate your monthly payment, affordability, and closing costs in Wyoming.