Buying a home
Data from November 2026
Buying a home in Wyoming
A typical home in Wyoming is worth $309,700 (Average 2020–2024). The FHA limit for one unit is $541,287–$1,249,125 depending on the county. Here is the minimum down payment each loan type asks at that price, every county’s limit, and the state’s assistance programs.
Key numbers in Wyoming
- Typical home
- $309,700
- median value, Average 2020–2024
- 7% less than the U.S.
- FHA limit
- $541,287–$1,249,125
- one unit, by county
- In 2 of the 23 counties, the limit is above the national floor ($541,287).
- Conforming limit
- $832,750
- up to $1,249,125 in high-cost areas
- Above this amount, the loan is a “jumbo” loan.
- Minimum FHA down payment
- $10,840
- 3.5% of a $309,700 home
- VA and USDA ask for no down payment if you qualify.
Down payment
How much each loan asks up front
For a $309,700 home, the typical value in Wyoming. The minimum down payment is each program’s rule. The monthly figure is an example of principal and interest over 30 years at the 7.18% average rate (November 5, 2026): no taxes, insurance or mortgage insurance.
Your price, rate and down payment will differ: run the calculator with your numbers. Closing costs are extra.
-
FHA Program rule
Minimum down3.5%
In dollars$10,840
Per month$2,025
With a credit score of 580 or more. Carries mortgage insurance (MIP) up front and every month.
HUD Handbook 4000.1 (Update 18), II.A.2.a.iv — Minimum Required Investment · In effect since September 14, 2016
-
Conventional Program rule
Minimum down3%
In dollars$9,291
Per month$2,035
3% is the lowest standard option. With less than 20% down you pay private mortgage insurance (PMI) until you have more equity.
Fannie Mae Selling Guide B5-6-01 — HomeReady Mortgage Loan and Borrower Eligibility · In effect since January 1, 2024
-
VA Program rule
Minimum down0%
In dollars$0
Per month$2,098
For veterans, service members and some spouses. No down payment as long as the price is not above the appraisal; charges a one-time funding fee.
VA: Purchase loan — benefits · In effect since January 1, 2020
-
USDA Program rule
Minimum down0%
In dollars$0
Per month$2,098
Only homes in eligible rural areas and households within USDA’s income limit. Finances the full price.
7 CFR §3555.103 — Maximum loan amount (Guaranteed Rural Housing Program) · In effect since December 9, 2013
-
ITIN loans follow no federal rule: each lender sets its own down payment and rate, and usually asks for more. 15% is an example.
Loan limits
FHA and conforming limit in every county
FHA sets the limit by area: 2 of the 23 counties in Wyoming are high-cost and sit above the national floor ($541,287). The conforming limit is the most Fannie Mae and Freddie Mac will buy; above it, the loan is a “jumbo”.
| Teton County | $1,249,125 | $1,249,125 | $1,633,900 | High-cost |
|---|---|---|---|---|
| Uinta County | $579,600 | $832,750 | $290,000 | High-cost |
| Park County | $541,287 | $832,750 | $400,500 | National floor |
| Sheridan County | $541,287 | $832,750 | $394,900 | National floor |
| Sublette County | $541,287 | $832,750 | $376,200 | National floor |
| Lincoln County | $541,287 | $832,750 | $372,600 | National floor |
| Laramie County | $541,287 | $832,750 | $348,700 | National floor |
| Albany County | $541,287 | $832,750 | $333,000 | National floor |
| Johnson County | $541,287 | $832,750 | $326,800 | National floor |
| Platte County | $541,287 | $832,750 | $297,900 | National floor |
| Converse County | $541,287 | $832,750 | $292,700 | National floor |
| Crook County | $541,287 | $832,750 | $285,800 | National floor |
| Campbell County | $541,287 | $832,750 | $279,100 | National floor |
| Natrona County | $541,287 | $832,750 | $273,000 | National floor |
| Fremont County | $541,287 | $832,750 | $268,800 | National floor |
| Sweetwater County | $541,287 | $832,750 | $251,400 | National floor |
| Goshen County | $541,287 | $832,750 | $239,600 | National floor |
| Hot Springs County | $541,287 | $832,750 | $227,500 | National floor |
| Carbon County | $541,287 | $832,750 | $222,700 | National floor |
| Weston County | $541,287 | $832,750 | $221,700 | National floor |
| Niobrara County | $541,287 | $832,750 | $221,500 | National floor |
| Big Horn County | $541,287 | $832,750 | $216,500 | National floor |
| Washakie County | $541,287 | $832,750 | $206,000 | National floor |
- Teton $1,249,125$1,249,125
- Uinta $579,600$832,750
- Park $541,287$832,750
- Sheridan $541,287$832,750
- Sublette $541,287$832,750
- Lincoln $541,287$832,750
- Laramie $541,287$832,750
- Albany $541,287$832,750
- Johnson $541,287$832,750
- Platte $541,287$832,750
- Converse $541,287$832,750
- Crook $541,287$832,750
- Campbell $541,287$832,750
- Natrona $541,287$832,750
- Fremont $541,287$832,750
- Sweetwater $541,287$832,750
- Goshen $541,287$832,750
- Hot Springs $541,287$832,750
- Carbon $541,287$832,750
- Weston $541,287$832,750
- Niobrara $541,287$832,750
- Big Horn $541,287$832,750
- Washakie $541,287$832,750
One unit. For 2- to 4-unit homes, each county page has the full table. Source: FHA mortgage limits (HUD) Data from 2026 data FHA mortgage limits (HUD) (external site)
Down payment help
Wyoming programs for buyers
3 verified programs that put money toward the down payment or closing costs, or give a tax credit. With the source wording and the date we checked it.
Some help is a grant you never repay; other help is a second loan that is forgiven over the years or repaid when you sell. Each program’s tag says which kind it is.
See all programs-
Home$tretch Down Payment Assistance
Verified November 5, 2026
Wyoming state authority loan of up to $15,000 for the down payment, at 0% with no monthly payments, repaid when you sell, refinance or after 30 years; alongside WCDA's First-time Homebuyer, Spruce Up or Edge mortgages
- Deferred
-
Amortizing DPA Loan Product
Verified November 5, 2026
Wyoming state authority loan of up to $15,000 for the down payment, closing costs and prepaid expenses, at a fixed rate with low monthly payments for up to 10 years; only with WCDA's Advantage mortgage, which does not require you to be a first-time buyer
- Repayable
-
Mortgage Credit Certificate (MCC)
Verified November 5, 2026
Wyoming state authority certificate that turns part of your mortgage interest into a credit on your federal taxes for the life of the loan, as long as you keep qualifying; for first-time buyers, only with WCDA's HFA Preferred or Advantage mortgages; if you pay the federal recapture tax, you may get a refund from WCDA
- Tax credit
What the state publishes
Wyoming rules that change the math
Exemptions that lower property tax and taxes paid when the deed is recorded, summarized from the official page each one cites.
Property tax in WyomingExemptions and caps
-
Homeowner's exemption: 25% of value
Wyoming has a homeowner's exemption: 25 percent of the fair market value of a single family home and its associated improved land is exempt from property tax. The exemption applies only to the first $1,000,000 of fair market value. A single family home means a privately owned single family house, modular home, mobile home, townhouse or condominium. Beginning with tax year 2026, the person claiming the exemption must live in the home at least 8 months of the year. It is not available to anyone who applied for and received the paragraph (xlv) exemption (the long-term homeowner exemption) on the same property in the same tax year.
W.S. 39-11-105(a)(xlvi)(A), (B) · Wyoming State Legislature (Wyoming Statutes, Title 39) · Verified October 24, 2026
-
Long-term homeowner's exemption (65 and older)
The Long-term Homeowner's Exemption is for homeowners who are 65 or older, or whose spouse is 65 or older, and who have paid residential property taxes in Wyoming for at least 25 years. The 25 years do not need to be consecutive. The exemption removes 50 percent of the fair market value of the primary residence and its associated improved land, up to 35 acres. It applies to the first $3,000,000 of fair market value.
W.S. 39-11-105(a)(xlv) · Wyoming Department of Revenue, Property Tax Division · Verified October 24, 2026
Your next steps
Where to go next in Wyoming
What you can do today, free and without giving personal information. Go in order: your numbers first, then the help.
- Run the numbers with your figures
The Wyoming calculator already has the typical value, the average rate and the state’s property tax.
- Check whether you qualify for help
Each program says what it gives, who qualifies and when we checked it.
- Talk to a counselor for free
1 HUD-approved agency helps you prepare to buy; none says it serves in Spanish.
- Follow the steps to buy a home
From the budget to the keys, in order.
Frequently asked questions
How much down payment do I need for a typical home in Wyoming?
For a $309,700 home (typical value, Average 2020–2024), the FHA minimum (3.5%) is $10,840 and the conventional minimum (3%) is $9,291. VA and USDA ask no down payment if you qualify. State programs can cover part of it.
Are there high-cost counties in Wyoming?
Yes. In 2026 data, 2 of the 23 counties in Wyoming have an FHA limit above the national floor ($541,287); the highest is Teton County ($1,249,125).
What is the conforming loan limit in Wyoming?
In 2026 data, the conforming limit for one unit runs from $832,750 to $1,249,125 depending on the county in Wyoming: the most Fannie Mae and Freddie Mac will buy. Above it, the loan is a “jumbo” and each lender sets its own terms.
What would the monthly payment be on a typical home in Wyoming?
With $309,700, the FHA minimum down payment ($10,840) and the 7.18% average rate (November 5, 2026), principal and interest over 30 years comes to about $2,025 a month. Tax, insurance and mortgage insurance are missing: the calculator adds them.
What down payment help is there in Wyoming?
We have verified 3 state programs in Wyoming that put money toward the down payment or closing costs, or give a tax credit. Each shows the source wording, who qualifies and the date we checked it.