Is Wyoming, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wyoming is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wyoming has remained a Seller's Market.

Key Takeaway

Wyoming is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wyoming, IL

How much do homes in Wyoming, IL cost?

Median Sold Price

$144,000

$58/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$1,000(-0.7%)

Key Takeaway

Homes in Wyoming have sold for 0.7% less than they did a month ago.

Summary: The median home sold price in Wyoming was $144,000 in November 2024, down 0.7% from last month, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$18K
N/A
2 $123K-
N/A
3 $252.5K-
N/A
4 --
N/A
5+ -$270K
N/A

Summary: Wyoming housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Essex Township
+74.6%
Wyoming
-0.7%

Housing Supply in Wyoming, IL

How many homes are available in Wyoming, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Wyoming real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 43
-25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Wyoming housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wyoming, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wyoming in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wyoming, IL

How long does it take to sell a home in Wyoming, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
30 Days40 Days+33.3%

Summary: Homes in Wyoming had an average of 40 days on market in Nov 2024, up by 33.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wyoming are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Wyoming; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Wyoming, IL

Nearby Markets to Wyoming, IL