What is the median home value in Cheyenne Wells, CO?

The median value of owner-occupied homes in Cheyenne Wells, CO is $173,100 (±$48,977), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cheyenne Wells, the median home value went from $125,500 in 2015–2019 to $173,100 in 2020–2024 (+37.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$173,100 (±$48,977)
Owner-occupied homes
315 (±63)
Most common range
$200,000 to $299,999

Home values in Cheyenne Wells

Owner-occupied homes by value, 2020–2024
ValueCheyenne WellsCheyenne CountyColoradoUnited States
Less than $50,0006.7% (±3.8 points)6.3%2.9%5.3%
$50,000 to $99,99918.1% (±7.5 points)16.0%1.9%6.1%
$100,000 to $149,99919.4% (±10.1 points)19.3%1.6%6.8%
$150,000 to $199,99912.1% (±5.8 points)11.1%2.0%9.0%
$200,000 to $299,99919.7% (±8.3 points)18.9%6.8%17.8%
$300,000 to $499,9999.8% (±7.2 points)13.0%30.0%26.9%
$500,000 to $999,99914.3% (±10.2 points)14.2%43.6%20.9%
$1,000,000 or more0.0% (±12.6 points)1.2%11.1%7.1%

The most common range is $200,000 to $299,999, 19.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cheyenne Wells against Cheyenne County, its state and the nation

Estimate (90% margin of error)
Cheyenne WellsCheyenne CountyColoradoUnited States
Median home value$173,100 (±$48,977)$187,500 (±$38,306)$539,400 (±$2,069)$332,700
Owner-occupied homes315 (±63)570 (±77)1,571,735 (±8,198)84,210,142

In Cheyenne Wells, the median home value is not measurably different from Cheyenne County ($187,500).

It is also lower than in Colorado ($539,400).

It is lower than the national figure ($332,700).

Statewide, it ranks 264 of 325.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cheyenne Wells have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$125,500 (±$28,442)$173,100 (±$48,977)+37.9%No measurable change after inflation
Median owner cost with a mortgage$895 (±$366)$1,230 (±$144)+37.4%No measurable change after inflation
Median real estate taxes$706 (±$105)$765 (±$300)+8.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cheyenne Wells

Nearest places with a published estimate, compared with Cheyenne Wells
PlaceDistanceMedian home valueCompared with this place
Cheyenne Wells—$173,100 (±$48,977)—
Weskan Township23 mi$133,300 (±$85,714)Not measurably different
Kit Carson24 mi$150,000 (±$113,636)Not measurably different
Sheridan Lake25 mi$86,700 (±$35,171)Lower
Sharon Springs33 mi$105,100 (±$17,313)Lower
Eads33 mi$135,200 (±$27,970)Not measurably different
Sharon Springs Township33 mi$101,900 (±$16,419)Lower
Bethune34 mi$127,500 (±$87,304)Not measurably different
Burlington34 mi$208,100 (±$39,813)Not measurably different

Nearby places with a measurably lower figure: Sheridan Lake, CO ($86,700), Sharon Springs, KS ($105,100), Sharon Springs Township, KS ($101,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cheyenne Wells

What is the average home value in Cheyenne Wells, CO?

The Census Bureau publishes the median: $173,100 (±$48,977) for owner-occupied homes in Cheyenne Wells (2020–2024 American Community Survey).

Have home values in Cheyenne Wells gone up?

In Cheyenne Wells, the median home value went from $125,500 in 2015–2019 to $173,100 in 2020–2024 (+37.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Cheyenne Wells sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cheyenne Wells town, Colorado (place:14175, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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