The story of this market
The typical home in ZIP 82240 sells for about $265,000, or $148 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 82240 — Torrington
The housing market in 82240 remains stable with modest price appreciation driven by limited inventory and steady local demand. Sales volume is consistent with historical norms for this rural market, and there are no major speculative developments impacting current pricing. Figures for specific metrics like price cuts are estimated based on regional trends as exact ZIP-level data is not published.
This ZIP is best suited for families and individuals seeking a quiet, rural-adjacent lifestyle with a lower cost of living compared to larger urban centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 72 days on market with 4.1 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 82240, Goshen County WY
The area is served by Goshen County School District No. 1, which provides standard public education for the region.
The region is subject to high wind events and occasional severe thunderstorms, typical of the high plains environment.
Economic activity is anchored by agriculture, local government, and regional services in Torrington.
Property taxes are assessed by Goshen County based on fair market value; Wyoming does not impose a state personal income tax.
Commutes are primarily local within Torrington or to nearby agricultural hubs, with minimal public transit options.
Local amenities include Pioneer Park, the Platte River for outdoor activities, and various community sports facilities.
The rental market is characterized by low turnover and limited inventory, primarily serving local workers and families.
The economy is driven by agriculture, livestock production, and public sector employment in the county seat.
Transportation relies on regional highway corridors; there is no significant public transit infrastructure.
Development is primarily focused on small-scale residential infill and agricultural support services.
Goshen County Assessor manages property valuations based on annual market analysis.
Parcels are subject to Goshen County School District No. 1 and local fire protection district levies.
Property insurance premiums are influenced by regional exposure to wind and hail damage.
Wyoming is a non-judicial foreclosure state with specific notice and redemption requirements.
Sellers are required to provide a property disclosure statement regarding known material defects.
Data retrieved from data.census.gov ZCTA 82240 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Primary community park with recreational space.
Provides fishing and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.