Commercial Real Estate Market in Laramie, WY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
33 active listings and 1,054 off-market properties in Laramie, WY.
Market Trends
Laramie, WY spans 1,794.3 square miles in Albany County, Wyoming. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Laramie, WY runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Laramie, WY runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Laramie, WY runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Laramie, WY runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 47.6%
- Commercial 18.4%
- Agricultural 16.4%
- Industrial 11.6%
- Civic 4.7%
- Planned_development 0.1%
Largest Zones share of zoned land by district
Agriculture
Multifamily Residential
Low Density Residential
General Business
Medium Density Residential
Laramie, WY zones 11,421 acres across 21 districts. Commercial zoning covers 18.4% of zoned land, residential 47.6% and industrial 11.6%. The largest single district is Agriculture at 16.4%. For commercial buyers the practical constraint is that only 29.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Laramie, WY has 36,237 residents in 17,841 households. Density runs 20 people per square mile. Median household income here is $59,975 and median gross rent $934 a month.
36,237
Population
17,841
Households
2
Avg Household Size
29
Median Age
55%
College-Educated
97%
High-School Grad
1794.3 sq mi
ZIP Area
20
Density / Sq Mi
$59,975
Median Household Income
$29,066
Median Earnings
$934
Median Rent
$320,092
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Laramie?
Commercial property in Laramie, WY asks an average of $66 per square foot.
What zoning applies to commercial property in Laramie?
Laramie, WY zones 11,421 acres across 21 districts, of which 18.4% is commercial and 11.6% industrial. The largest single district is Agriculture at 16.4% of zoned land. Residential zoning covers 47.6% and open space 0%.
Where does Realmo's Laramie market data come from?
Realmo compiles Laramie, WY figures from 32 active sale listings, 1 active lease listings, 1,054 tracked off-market properties, the current Laramie zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 1 active for-lease listings in Laramie, WY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 11,421 zoned acres across 21 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
