Cody
Working ranches, water rights and acreage define this market far more than finish level does.
Connect with a Realtor in This MarketMedian Sale Price
Homes Sold (3-mo ending Jul 2026)
Price Change YoY
Median Days on Market
Where the Land Is the Asset.
Acreage, water rights and grazing leases carry more weight here than the house itself. Buyers are frequently acquiring an operation rather than a residence, and diligence runs accordingly.
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Peak Season
Stat bar: Redfin, 3-mo ending Jul 2026, all home types. Figures describe the broader market, not Platinum Group transactions.
Luxury Real Estate in Cody
Cody sits at the eastern gate of Yellowstone, and its market is a land market first. Working ranches, recreational acreage and river frontage make up most of what trades at the top, and the house is often the least consequential part of the parcel.
What Sets Value Here
Acreage and what it carries with it — water rights, grazing leases, mineral interests and legal access. Two parcels of the same size can be worth very different sums depending on what is attached to the title.
What Sellers Should Know
Buyers here are frequently acquiring an operation rather than a residence, and they arrive with questions about carrying capacity and water before they ask about the kitchen. Having that documentation assembled shortens the process considerably.
What Buyers Should Know
Water rights in Wyoming are separate from land and do not always transfer as expected. Confirm the rights, the access easements and any conservation restrictions before assuming a plan is viable.
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