Carpenter, WY housing market
The typical Carpenter home is worth about $508,000, up 8.4% in a year, 37% above the Wyoming typical home.
Home values, sales, trends and how Carpenter compares with the towns next door — updated as new data is published.
Carpenter at a glance
Typical home value, 2016–2026
Show as a table
| January | Carpenter | Wyoming |
|---|---|---|
| 2017 | $293,000 | $235,000 |
| 2018 | $306,000 | $238,000 |
| 2019 | $318,000 | $243,000 |
| 2020 | $343,000 | $260,000 |
| 2021 | $380,000 | $279,000 |
| 2022 | $418,000 | $310,000 |
| 2023 | $434,000 | $332,000 |
| 2024 | $445,000 | $342,000 |
| 2025 | $468,000 | $360,000 |
| 2026 | $493,000 | $366,000 |
| August 2026 | $508,000 | $372,000 |
A two-bedroom rents for about $1,170
HUD's Fair Market Rent for a two-bedroom in Carpenter is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $810 · 4 bedrooms $1,960
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (82054; Cheyenne, WY MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.