Commercial Real Estate Market in Wyoming
Wyoming has 807 active for-sale listings and 73 active for-lease listings. Statewide, the median asking price is $175/SF and the median asking rent is $45.00/SF/Yr as of November 2026. Realmo tracks 8 city markets here; among the 4 with enough listings to rank, median asking prices range from $150/SF in Casper to $213/SF in Gillette.
- Median asking price
- $175/SF
- Median asking rent
- $45.00/SF/Yr
- For-sale listings
- 807
- For-lease listings
- 73
- City markets
- 8
Highest- and Lowest-Priced Markets
Gillette and Casper are $63/SF apart on asking price. The figures below are median asking prices from live listings, not closed sales.
Asking Prices
Gillette has the highest median asking price at $213/SF, and Casper has the lowest at $150/SF. 2 of 4 ranked markets have median asking prices above the statewide $175/SF.
Wyoming vs. Neighboring States
The median asking price in Wyoming is $175/SF, below the $206/SF median of its 6 neighboring states. By median asking price, the state ranks 5th of 7 in the group; Colorado is highest at $254/SF and South Dakota lowest at $122/SF. The median asking rent is $45.00/SF/Yr, compared with $18.00/SF/Yr in Colorado, $21.22/SF/Yr in Utah and $19.00/SF/Yr in Montana next door. The statewide median asking price is in line with the U.S. median of $178/SF.
| State | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr | For-Sale Listings | For-Lease Listings |
|---|---|---|---|---|
| Wyoming | $175 | $45.00 | 807 | 73 |
| Colorado | $254 | $18.00 | 5,794 | 4,857 |
| Idaho | $206 | $20.00 | 2,074 | 831 |
| Montana | $205 | $19.00 | 2,186 | 826 |
| Nebraska | $131 | $15.79 | 838 | 890 |
| South Dakota | $122 | $14.39 | 690 | 277 |
| Utah | $250 | $21.22 | 1,918 | 1,905 |
| United States | $178 | $18.28 | 265,785 | 185,367 |
A dash means fewer than 10 listings with a usable price.
Commercial Real Estate Markets in Wyoming
Realmo tracks 8 city markets in Wyoming, listed below by active listings. Cheyenne leads with 206 active listings, followed by Jackson and Casper.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| Cheyenne | 206 | $190 | — |
| Jackson | 52 | $813 | — |
| Casper | 49 | $150 | — |
| Sheridan | 44 | $174 | — |
| Gillette | 34 | $213 | — |
| Cody | 26 | — | — |
| Laramie | 19 | — | — |
| Wilson | 10 | — | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Wyoming?
How much does it cost to lease commercial space in Wyoming?
Which cities have the highest and lowest commercial property prices?
How do commercial property prices in Wyoming compare with neighboring states?
Which markets in Wyoming have the most active listings?
Where does Realmo's market data come from?
Methodology and Data Sources
- Listing coverage
- Asking figures come from 807 active for-sale and 73 active for-lease listings across Wyoming in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 425 for-sale and 19 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.