Casper, WY Federal Housing Finance Agency Home Price Index (FHFA HPI)

Casper, WY, is a small city located in the central part of the state. The city has a population of about 55,000 and is the county seat of Natrona County. The median home value in Casper is $182,500, which is lower than the national median home value of $219,700. The median household income in Casper is $62,542, which is also lower than the national median household income of $70,736.

The housing market in Casper has been fairly stable over the past few years. However, there was a slight decrease in home values between 2016 and 2017. In 2016, the median home value was $186,000 and it decreased to $182,500 in 2017. Despite this decrease, home values have increased by about 2% since 2013.

The majority of homes in Casper are owner-occupied (about 60%), while about 35% are renter-occupied. The vacancy rate in Casper is 5%, which is lower than the national average vacancy rate of 7%. This indicates that there is a high demand for housing in Casper and that homes are being filled as soon as they become available.

The average monthly mortgage payment in Casper is $1,098. This includes both principal and interest payments on a 30-year fixed-rate mortgage with an interest rate of 4%. For comparison purposes, the average monthly rent payment in Casper is $973.

Overall, the housing market in Casper appears to be healthy and stable. Home values have increased slightly over the past few years and there is high demand for both rental and owner-occupied properties.