Prices across northeast Wyoming’s Black Hills are up 20% from a year ago, while listings have fallen 35% and well-priced homes are selling in about a week.
Retirees are driving much of the demand, agents said, arriving with cash from higher-priced markets and seeking affordability, outdoor access, lower taxes and fewer regulations.
Sundance, Hulett and Devils Tower are the hottest pockets, but spillover is reaching tiny communities such as Aladdin, where locals say new subdivisions are filling with newcomers.
Wyoming statewide looks far calmer — median home price is about $285,000, inventory is near four months and annual price growth is around 4% — underscoring how unusual the northeast surge is.