In Wyoming, some housing markets didn’t just bounce back—they came roaring back. The Zillow Home Value Index highlights 14 towns where home prices crashed, then soared to record highs, with recoveries ranging from 213% to over 2,200%. These places show how quickly fortunes can turn when local economies mix resilience with renewed demand. From boomtowns to outdoor meccas, these towns prove that a sharp dip doesn’t mean game over—it might just be the beginning.
Wyoming Price Recovery Champions Overview
Wyoming’s housing market has seen some dramatic recoveries over the past decade, with several towns far surpassing their pre-slump peaks. Wilson stands out overwhelmingly, with a 2025 home value of over $3.2 million—more than triple its previous peak in 2010. This kind of recovery is in a league of its own and likely reflects Wilson’s unique status as a luxury enclave with sustained demand from affluent buyers, possibly tied to its proximity to Jackson and Teton County’s broader market dynamics.
Further down the list, towns like Pinedale, Douglas, and Alcova have also shown strong rebounds, with 2025 prices comfortably outpacing previous highs by wide margins. These aren’t just modest bounces—they represent confident, multi-year upward trends following earlier dips in the 2010s. Even more rural or historically undervalued markets like Hanna and Moorcroft have doubled or nearly doubled in value, suggesting renewed buyer interest in areas previously considered off the radar. The uniform trend across towns of varying sizes and regions points to a broader shift in how Wyoming’s real estate is being valued—whether due to remote work, land demand, or changing migration patterns.
14. Marbleton – 16% Dip to 213% Recovery by May 2025
- Peak Value: $214,702 (2017)
- Trough Value: $180,497 (2019)
- Final (2025) Value: $253,485
- Recovery: +$72,988 (+213.4%)
- Dip from Peak: −15.9%
Marbleton’s housing market experienced its steepest decline among all featured towns, dropping nearly 16% from peak to trough. However, the town’s strategic location and economic fundamentals supported a strong recovery that pushed values 13% above the previous peak. The recovery trajectory demonstrates how even communities with significant initial declines can achieve substantial gains when market conditions improve.
Marbleton – Gateway to Western Wyoming’s Energy Corridor
Marbleton sits in Lincoln County in southwestern Wyoming, serving as an important hub for the region’s energy industry. The town’s current home values of $253,485 represent a complete recovery from the 2017-2019 downturn, with prices now 18% higher than their previous peak.
Located along Highway 189, Marbleton benefits from its proximity to natural gas fields and oil drilling operations that drive much of the local economy. The town’s position between larger communities like Rock Springs and Jackson provides residents with access to employment opportunities while maintaining a small-town atmosphere. The housing market’s strong recovery reflects renewed confidence in the region’s energy sector and the area’s appeal for workers seeking affordable housing options within commuting distance of major job centers.
13. Upton – 8% Dip to 528% Recovery by May 2025
- Peak Value: $210,582 (2016)
- Trough Value: $194,633 (2018)
- Final (2025) Value: $278,907
- Recovery: +$84,274 (+528.4%)
- Dip from Peak: −7.6%
Upton experienced one of the smallest initial declines at just 7.6%, followed by an impressive five-fold recovery. The town’s housing market demonstrates how even modest corrections can lead to substantial long-term gains. Current values represent a 32% premium over the previous peak, indicating strong underlying demand and economic growth.
Upton – Northeast Wyoming’s Agricultural Center
Upton, located in Weston County near the South Dakota border, has transformed from a quiet agricultural community into a regional economic hub. The town’s current median home price of $278,907 reflects growing demand driven by its strategic location and diversified economy.
The community benefits from its position along major transportation corridors, making it attractive to both agricultural operations and energy companies. Upton’s proximity to the Powder River Basin has brought increased economic activity, while the town maintains its rural character and strong sense of community. The housing market’s exceptional recovery rate of 528% demonstrates how small Wyoming towns can experience dramatic value appreciation when economic conditions align with increasing demand from both residents and investors.
12. Riverton – 9% Dip to 588% Recovery by May 2025
- Peak Value: $181,419 (2015)
- Trough Value: $165,649 (2018)
- Final (2025) Value: $258,308
- Recovery: +$92,659 (+587.6%)
- Dip from Peak: −8.7%
Riverton’s housing market showcased steady resilience with a relatively modest 9% decline followed by extraordinary growth. The town achieved a 42% premium over its previous peak, with current values reflecting strong economic fundamentals and continued population growth. The nearly six-fold recovery rate ranks among the strongest in the state.
Riverton – Central Wyoming’s Economic Powerhouse
Riverton serves as the economic center of Fremont County, supporting a diverse economy that includes agriculture, energy, and government services. With current home values at $258,308, the community has established itself as one of central Wyoming’s most attractive housing markets.
The town’s location along the Wind River provides both scenic beauty and economic opportunities, while its role as a regional medical and educational center attracts professionals and families. Riverton’s proximity to the Wind River Reservation and its position as a transportation hub contribute to steady demand for housing. The market’s 588% recovery demonstrates how communities with strong institutional foundations and economic diversity can achieve remarkable price appreciation over time.
11. Casper – 8% Dip to 627% Recovery by May 2025
- Peak Value: $212,110 (2016)
- Trough Value: $195,147 (2018)
- Final (2025) Value: $301,548
- Recovery: +$106,401 (+627.3%)
- Dip from Peak: −8.0%
As Wyoming’s second-largest city, Casper experienced minimal volatility during the downturn with just an 8% decline. The subsequent recovery pushed values 42% above the previous peak, demonstrating the stability that comes with economic diversification and urban amenities. The recovery represents over six times the initial decline amount.
Casper – Wyoming’s Oil Capital Reinvents Itself
Casper, Wyoming’s second-largest city with over 50,000 residents, has successfully diversified beyond its traditional oil industry roots. Current home values of $301,548 reflect the city’s evolution into a regional business and cultural center with strong appeal for both young professionals and retirees.
The city offers urban amenities rare in Wyoming, including museums, performing arts venues, and recreational facilities, while maintaining easy access to outdoor recreation opportunities. Casper’s location along the North Platte River and its role as a medical and educational hub create steady housing demand. The energy sector remains important, but the city has attracted technology companies, healthcare systems, and service industries that provide economic stability. This diversification strategy has paid dividends in the housing market, where the 627% recovery rate reflects sustained confidence in Casper’s long-term prospects.
10. Alcova – 8% Dip to 660% Recovery by May 2025
- Peak Value: $218,672 (2016)
- Trough Value: $200,563 (2017)
- Final (2025) Value: $320,060
- Recovery: +$119,497 (+659.9%)
- Dip from Peak: −8.3%
Alcova demonstrated remarkable resilience with the shortest downturn period, recovering from its 2017 trough within just eight years. The community achieved a 46% premium over its previous peak, with the recovery amount representing nearly seven times the original decline. Current values position Alcova among Wyoming’s higher-priced housing markets.
Alcova – Reservoir Living in Central Wyoming
Alcova’s unique position along Alcova Reservoir has made it one of Wyoming’s most desirable residential communities. With current home values at $320,060, the area attracts buyers seeking waterfront living combined with easy access to Casper’s employment opportunities.
The community’s appeal stems from its recreational amenities, including boating, fishing, and water sports, while offering a peaceful alternative to city living. Alcova’s proximity to Pathfinder Reservoir and the North Platte River creates a recreational corridor that attracts both permanent residents and vacation home buyers. The housing market’s 660% recovery reflects the premium buyers place on waterfront properties and the limited supply of developable land along the reservoir. Many properties offer stunning views and private access to recreational opportunities that are increasingly rare in Wyoming’s development landscape.
9. Daniel – 9% Dip to 670% Recovery by May 2025
- Peak Value: $318,189 (2017)
- Trough Value: $289,157 (2019)
- Final (2025) Value: $483,734
- Recovery: +$194,577 (+670.2%)
- Dip from Peak: −9.1%
Daniel stands out with the highest absolute recovery amount, gaining nearly $195,000 from its trough value. The community achieved a 52% premium over its previous peak, with current values approaching half a million dollars. The 670% recovery rate demonstrates exceptional market performance driven by unique regional factors.
Daniel – Sublette County’s Hidden Mountain Retreat
Daniel, located in Sublette County near the Utah border, has emerged as a premier destination for buyers seeking mountain living with investment potential. Current home values of $483,734 reflect the community’s transformation into a high-end residential area.
The town’s elevation and mountain setting provide stunning scenery and year-round recreational opportunities, while its relative proximity to Jackson Hole creates spillover demand from buyers seeking more affordable alternatives. Daniel’s location along the Green River corridor adds to its appeal for outdoor enthusiasts, offering world-class fishing, hunting, and hiking opportunities. The housing market’s remarkable 670% recovery demonstrates how smaller Wyoming communities with exceptional natural amenities can command premium prices when discovered by affluent buyers seeking authentic mountain living experiences.
8. Rawlins – 7% Dip to 686% Recovery by May 2025
- Peak Value: $143,815 (2010)
- Trough Value: $134,298 (2012)
- Final (2025) Value: $199,622
- Recovery: +$65,324 (+686.4%)
- Dip from Peak: −6.6%
Rawlins achieved the earliest peak among featured communities in 2010, followed by a brief two-year decline. The subsequent 13-year recovery period resulted in values 39% above the previous peak. Despite having the longest recovery timeline, Rawlins demonstrates how consistent growth can produce substantial gains over time.
Rawlins – Interstate Commerce and Energy Hub
Rawlins, the seat of Carbon County, serves as a crucial transportation and energy hub in south-central Wyoming. With current home values at $199,622, the city offers some of the most affordable housing among Wyoming’s larger communities while providing strong economic opportunities.
Located at the intersection of Interstate 80 and several major highways, Rawlins benefits from its strategic position for commerce and transportation industries. The city’s economy combines traditional energy sector jobs with government employment, healthcare, and services that support the broader region. Rawlins also serves as a supply and service center for rural Carbon County, creating steady demand for housing from both workers and retirees. The 686% recovery rate reflects the community’s fundamental economic strengths and its ability to attract residents seeking affordable living costs without sacrificing access to employment and services.
7. Douglas – 7% Dip to 714% Recovery by May 2025
- Peak Value: $224,748 (2016)
- Trough Value: $209,843 (2018)
- Final (2025) Value: $316,304
- Recovery: +$106,461 (+714.3%)
- Dip from Peak: −6.6%
Douglas matched Rawlins with a minimal 6.6% decline, followed by impressive growth that pushed values 41% above the previous peak. The seven-fold recovery demonstrates strong economic fundamentals and sustained demand growth. Current values position Douglas among Wyoming’s mid-tier housing markets with continued appreciation potential.
Douglas – Gateway to Wyoming’s Historic Heartland
Douglas, located in Converse County along Interstate 25, combines historical significance with modern economic opportunities. Current home values of $316,304 reflect the community’s appeal as both a residential destination and business center serving east-central Wyoming.
The city’s economy benefits from energy development, agriculture, and tourism related to its position along historic trails and near Ayres Natural Bridge. Douglas serves as a regional trade center while maintaining its small-town character and strong community ties. The area’s proximity to Casper provides additional employment opportunities while offering lower housing costs and a more relaxed lifestyle. The housing market’s 714% recovery rate demonstrates how communities with strong transportation access and diverse economic bases can achieve substantial value appreciation while maintaining affordability relative to larger cities.
6. Pinedale – 8% Dip to 716% Recovery by May 2025
- Peak Value: $297,801 (2016)
- Trough Value: $274,176 (2019)
- Final (2025) Value: $443,250
- Recovery: +$169,074 (+715.6%)
- Dip from Peak: −7.9%
Pinedale achieved the second-highest absolute recovery amount, gaining over $169,000 from its trough value. The community experienced a brief three-year decline before embarking on a strong recovery that pushed values 49% above the previous peak. Current values approaching $450,000 position Pinedale among Wyoming’s premium housing markets.
Pinedale – Energy Boom Transforms Mountain Community
Pinedale, located in Sublette County, has transformed from a small mountain town into a prosperous community driven by natural gas development in the Jonah and Pinedale Anticline fields. Current home values of $443,250 reflect the area’s emergence as a major energy center with high-paying employment opportunities.
The town’s location provides stunning views of the Wind River Mountains while offering easy access to some of Wyoming’s best outdoor recreation opportunities. Pinedale’s economy has diversified beyond energy to include tourism, outfitting, and services that support both the energy sector and outdoor enthusiasts. The community maintains its mountain character while providing modern amenities and services that attract both energy workers and retirees. The 716% recovery rate demonstrates how energy development can create substantial wealth and housing demand in rural Wyoming communities, particularly those with exceptional natural settings.
5. Evansville – 7% Dip to 810% Recovery by May 2025
- Peak Value: $212,719 (2016)
- Trough Value: $198,632 (2018)
- Final (2025) Value: $312,784
- Recovery: +$114,152 (+810.3%)
- Dip from Peak: −6.6%
Evansville achieved an eight-fold recovery from its modest decline, pushing values 47% above the previous peak. The community demonstrates how proximity to larger urban areas can drive exceptional housing market performance. Current values reflect strong demand from buyers seeking suburban living with urban amenities nearby.
Evansville – Casper’s Premier Suburban Community
Evansville, located just southeast of Casper, has established itself as one of Wyoming’s most desirable suburban communities. With current home values at $312,784, the town attracts families and professionals seeking high-quality housing and excellent schools while maintaining easy access to Casper’s employment opportunities.
The community’s appeal stems from its combination of newer housing developments, quality infrastructure, and strong municipal services. Evansville benefits from Casper’s economic base while offering a more suburban lifestyle with lower crime rates and better schools. The town’s growth has been carefully managed to preserve quality of life while accommodating demand from buyers willing to pay premium prices for superior amenities. The 810% recovery rate reflects the substantial premium buyers place on suburban living in Wyoming’s challenging housing market, where quality suburban communities remain relatively rare.
4. Kemmerer – 8% Dip to 885% Recovery by May 2025
- Peak Value: $153,074 (2016)
- Trough Value: $141,341 (2019)
- Final (2025) Value: $245,136
- Recovery: +$103,795 (+884.7%)
- Dip from Peak: −7.7%
Kemmerer achieved nearly nine times recovery from its decline, demonstrating exceptional market performance despite starting from a relatively modest price base. The community’s values increased 60% above the previous peak, reflecting strong economic growth and renewed investor confidence. The recovery trajectory shows consistent appreciation over the six-year period.
Kemmerer – Fossil Country’s Economic Renaissance
Kemmerer, the birthplace of J.C. Penney and seat of Lincoln County, has experienced an economic renaissance that transformed its housing market. Current home values of $245,136 reflect renewed confidence in the community’s diverse economy and strategic location in southwestern Wyoming.
The town’s economy has evolved beyond its traditional coal mining roots to include natural gas development, tourism, and services supporting the broader region. Kemmerer’s proximity to Fossil Butte National Monument and other recreational attractions has increased its appeal to retirees and vacation home buyers. The community maintains strong historical character while adapting to modern economic opportunities. The 885% recovery rate demonstrates how smaller Wyoming communities can achieve remarkable housing appreciation when economic fundamentals improve and outside investment increases.
3. Moorcroft – 6% Dip to 955% Recovery by May 2025
- Peak Value: $176,447 (2017)
- Trough Value: $165,843 (2018)
- Final (2025) Value: $267,086
- Recovery: +$101,243 (+954.8%)
- Dip from Peak: −6.0%
Moorcroft achieved the smallest decline among all featured communities at just 6%, followed by an extraordinary recovery approaching ten times the original loss. Current values stand 51% above the previous peak, demonstrating remarkable market strength. The brief one-year downturn was followed by seven years of consistent appreciation.
Moorcroft – Crook County’s Agricultural Powerhouse
Moorcroft, located in Crook County near the South Dakota border, combines traditional agricultural strength with emerging energy opportunities. Current home values of $267,086 reflect the community’s stable economic base and growing appeal to buyers seeking affordable rural living.
The town serves as a regional agricultural center while benefiting from increased oil and gas activity in the area. Moorcroft’s location along major transportation routes provides access to larger markets while maintaining its small-town character and strong community bonds. The area’s agricultural heritage remains important, but energy development has brought higher-paying jobs and increased housing demand. The 955% recovery rate demonstrates how rural Wyoming communities with strong fundamentals can achieve exceptional housing appreciation when economic conditions improve and outside investment flows into the region.
2. Hanna – 7% Dip to 1,157% Recovery by May 2025
- Peak Value: $66,985 (2010)
- Trough Value: $61,966 (2012)
- Final (2025) Value: $120,024
- Recovery: +$58,058 (+1,156.7%)
- Dip from Peak: −7.5%
Hanna achieved the second-highest recovery rate at over eleven times the original decline. Despite starting from the lowest price base among featured communities, the town’s values increased 79% above the previous peak. The 13-year recovery period demonstrates sustained appreciation in this small Carbon County community.
Hanna – Historic Coal Town’s Surprising Resurgence
Hanna, a historic coal mining town in Carbon County, has achieved a remarkable housing market transformation despite economic challenges. With current home values at $120,024, the community offers Wyoming’s most affordable housing while experiencing exceptional appreciation rates.
The town’s population of approximately 677 residents reflects its small-town character, while its rich mining history includes monuments commemorating workers who died in mining disasters in 1903 and 1908. Although coal mining jobs have largely migrated to other areas, Hanna’s strategic location along Highway 30/287 and proximity to recreational opportunities like Seminoe Reservoir have attracted new residents seeking affordable rural living. The community’s 1,157% recovery rate demonstrates how even economically challenged towns can achieve extraordinary housing appreciation when supply constraints meet renewed demand from buyers seeking value and authenticity.
1. Wilson – 10% Dip to 2,234% Recovery by May 2025
- Peak Value: $1,006,406 (2010)
- Trough Value: $902,805 (2011)
- Final (2025) Value: $3,217,229
- Recovery: +$2,314,424 (+2,234.0%)
- Dip from Peak: −10.3%
Wilson achieved the most spectacular recovery in Wyoming, with values increasing over 22 times the original decline amount. The community experienced the largest decline at 10.3% but followed with extraordinary growth that pushed current values 220% above the previous peak. The recovery represents an absolute gain of over $2.3 million per home.
Wilson – Jackson Hole’s Exclusive Mountain Enclave
Wilson, located in Teton County near Jackson Hole, has become one of America’s most exclusive mountain communities. Current median home values of $3,217,229 position Wilson among the nation’s highest-priced housing markets, reflecting unprecedented demand from wealthy buyers seeking luxury mountain living.
The community is known for its stunning natural scenery, outdoor recreation, and proximity to Jackson Hole, with current listings ranging from $949,000 to $27.5 million. Wilson’s appeal stems from its location near Grand Teton National Park, world-class skiing at Jackson Hole Mountain Resort, and Wyoming’s favorable tax environment with no state income tax. The area has attracted technology executives, hedge fund managers, and celebrities seeking privacy and outdoor recreation opportunities. Despite inventory being up 14% year-over-year, it remains the third-lowest recorded in the market, with demand dramatically outpacing supply. The extraordinary 2,234% recovery rate reflects how unique natural amenities combined with tax advantages can create some of America’s most explosive housing markets.
