$4,691 Closing Credit*
$395,000
1,224 SqFt
2 Beds
•1 Bath
Listing Office: Keller Williams Select Realty
Is Wyoming, MN 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, MN
How much do homes in Wyoming, MN cost?
Median Sold Price
$400,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$3,000(-0.7%)
Key Takeaway
Homes in Wyoming have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Wyoming was $400,000 in December 2024, down 0.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.7K | $244.7K | -3.5% |
| 2 Bedrooms | $352K | $375K | +6.5% |
| 3 Bedrooms | $375K | $380.5K | +1.5% |
| 4 Bedrooms | $415K | $411K | -1.0% |
| 5+ Bedrooms | $651.2K | $580K | -10.9% |
Summary: Wyoming housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Forest Lake | $389.7K | $398.2K | +2.2% |
| Wyoming | $380K | $380K | 0.0% |
| Wyoming | $403K | $400K | -0.7% |
| Chisago City | $430K | $424.9K | -1.2% |
| Stacy | $424.9K | $405.5K | -4.6% |
Housing Supply in Wyoming, MN
How many homes are available in Wyoming, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The Wyoming real estate market had 40 homes for sale in December 2024, a 14.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Wyoming housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wyoming, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Wyoming in December 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Wyoming, MN
How long does it take to sell a home in Wyoming, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 50 Days | +2.7% |
Summary: Homes in Wyoming had an average of 50 days on market in Dec 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was 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, 7 homes were sold in Wyoming; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
