$2,374 Closing Credit*
$199,900
1,584 SqFt
4 Beds
•1 Full Bath, 1 Partial
Kyle Westrate, Listing Office: United Realty Services LLC
Is Wyoming, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 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, MI
How much do homes in Wyoming, MI cost?
Median Sold Price
$266,714
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,869(+5.5%)
Key Takeaway
Homes in Wyoming have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Wyoming was $266,714 in December 2024, up 5.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.9K | $89K | -34.0% |
| 2 Bedrooms | $208K | $223K | +7.2% |
| 3 Bedrooms | $253.3K | $265K | +4.6% |
| 4 Bedrooms | $290K | $325K | +12.1% |
| 5+ Bedrooms | $391K | $440K | +12.5% |
Summary: Wyoming housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Byron Township | $375.9K | $414.4K | +10.2% |
| Kentwood | $300.9K | $325K | +8.0% |
| Grandville | $331.7K | $357.1K | +7.7% |
| Grand Rapids | $290.1K | $311.5K | +7.4% |
| Wyoming | $252.8K | $266.7K | +5.5% |
Housing Supply in Wyoming, MI
How many homes are available in Wyoming, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 204 | 185 | -9.3% |
Summary: The Wyoming real estate market had 185 homes for sale in December 2024, a 9.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 45 | 39 | -13.3% |
| 3 Bedrooms | 90 | 89 | -1.1% |
| 4 Bedrooms | 56 | 47 | -16.1% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Wyoming housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 67 | +8.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyoming, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Wyoming in December 2024, up by 8.1% month-over-month. Of the 67 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% were sold over asking.
Days on Market for Wyoming, MI
How long does it take to sell a home in Wyoming, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 26 Days | 24 Days | -5.6% |
Summary: Homes in Wyoming had an average of 24 days on market in Dec 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wyoming are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 67 homes were sold in Wyoming; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.