All's well in cowboy country: Cheyenne was one of the few metro areas that recorded home price gains in the past three years.
The city has attracted some new employers in recent years, and one of the latest is a regional distribution center for Wal-Mart. The area's economy is also tied to the city's status as state capital, which has kept area unemployment below the national rate.
Home prices have been stagnant lately and are expected to remain flat through most of 2010. But in 2011, prices are should take off, climbing more than 7% by September 2011, according to Fiserv and Moody's Economy.com.
Population growth will help drive home prices up. The number of city residents jumped by double digits during the 2000s and will probably do so again in the coming decade. That will provide a steady demand for housing..
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* Between September 2009 and September 2011
