WY · #50 by population

Buying a home in Wyoming

Costs and rules that are specific to Wyoming. Main city: Cheyenne.

In short

Wyoming has no real estate transfer tax, does not require an attorney at closing and has no general seller disclosure form (buyer beware). It allows both court and out-of-court foreclosure and is not a community property state. Deadline to appeal a property tax assessment: within 30 days of the date on the assessment schedule; county board gives written findings by October 1.

Calculate for Wyoming

If you buy

Wyoming state transfer tax

Wyoming has no real estate transfer tax. Change the price: the amount is recalculated instantly.

Price$339,500
State transfer tax$0
Share of the price—

Default price: the Wyoming median value of owner-occupied homes, $339,500 (Census ACS 2024). Rule: No tax is calculated on the price. Recording fees depend on page count. Who pays: No transfer tax. No statute read assigns the recording fee to buyer or seller; the purchase contract decides. Not included: county and city transfer taxes, recording fees, title insurance and lender charges. Wyoming transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Wyoming state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

Wyoming in short

Is there a real estate transfer tax in Wyoming?

In the Wyoming statutes read (Titles 34 and 39, compiled May 2026), no state, county or city tax is charged on recording a deed. Recording costs $12 for the first page and $3 for each additional page, and the buyer must file a sworn statement of the price.

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What closing costs does Wyoming law set?

Wyoming has no official typical closing-cost total. The statutes read impose no transfer tax, the county clerk charges $12 to record the first page and $3 for each additional page, and title premiums follow each insurer's filed schedule.

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How is property tax calculated in Wyoming?

Wyoming values each home at market value every year and taxes 9.5% of it. The Laramie County 2025 sheet gives 70.54 mills for Cheyenne's main school district, and owner-occupants can claim a 25% exemption on the first $1 million of value.

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What is the deadline to appeal a property tax assessment in Wyoming?

In Wyoming, file a statement of reasons with the county assessor within 30 days of the date on your assessment schedule (W.S. 39-13-109(b)(i)). Appeals go to the county board of equalization, which issues written findings by October 1.

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Do you need a real estate attorney to close in Wyoming?

No Wyoming statute read requires an attorney to buy or sell a home. The Wyoming Title Insurance Act lets a licensed title insurer or title agent run escrow, settlement and closing (W.S. 26-23-314) but does not authorize anyone to practice law.

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What must a home seller disclose in Wyoming?

Wyoming has no statute that makes a private home seller fill out a condition form. The one property disclosure statute, W.S. 34-1-151, covers vacant land. A licensed agent who knows an adverse material fact must tell a buyer (W.S. 33-28-303(c)).

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How does foreclosure work in Wyoming?

Most Wyoming mortgages contain a power of sale, so lenders can foreclose by advertisement without a lawsuit: the lender mails notice at least 10 days before publishing it for four consecutive weeks, then a sheriff's sale follows.

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What first-time home buyer programs does Wyoming offer?

In Wyoming, the Wyoming Community Development Authority (WCDA) offers a first-time buyer loan with a 2026 purchase price limit of $566,354 in Laramie County and household income limits of $104,400 (1 to 2 people) or $120,060 (3 or more).

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How much tax when you sell a home in Wyoming?

The federal rule is the same in Wyoming as in every state: if you owned and lived in the home as your main home for at least 2 of the last 5 years, the first $250,000 of gain is excluded, $500,000 for a married couple filing jointly (Section 121, IRS Publication 523). Bought $400,000, sold $750,000: a single owner has $100,000 of taxable gain, $15,000 of federal tax at the 15% long-term rate; a couple filing jointly owes nothing. Wyoming income tax on the gain is not computed here.

Capital gains on a home sale

Wyoming guides

Cheyenne

Buying a home in Cheyenne, Wyoming

Professionals in Wyoming

All states · Federal guides