$5,877 Closing Credit*
$494,900
2,350 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Edina Realty, Inc.
Is Wyoming, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wyoming was a Seller's Market.
Key Takeaway
Wyoming is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wyoming, MN
How much do homes in Wyoming, MN cost?
Median Sold Price
$405,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,050(+1.3%)
Key Takeaway
Homes in Wyoming have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Wyoming was $405,000 in November 2024, up 1.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247.5K | $244.7K | -1.1% |
| 2 Bedrooms | $371K | $345.4K | -6.9% |
| 3 Bedrooms | $375K | $389.9K | +4.0% |
| 4 Bedrooms | $415K | $410K | -1.2% |
| 5+ Bedrooms | $727.5K | $500K | -31.3% |
Summary: Wyoming housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 31.3%.
Median Sold Price Compared To Nearby Cities
| Wyoming | $375K | $383.6K | +2.3% |
| Wyoming | $399.9K | $405K | +1.3% |
| Forest Lake | $389.8K | $395K | +1.3% |
| Chisago City | $427.5K | $425K | -0.6% |
| Stacy | $424.9K | $415K | -2.3% |
Housing Supply in Wyoming, MN
How many homes are available in Wyoming, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 39 | -26.4% |
Summary: The Wyoming real estate market had 39 homes for sale in November 2024, a 26.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 17 | 8 | -52.9% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
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 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 52.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 4 | -80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wyoming, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Wyoming in November 2024, down by 80.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 45 Days | +34.7% |
Summary: Homes in Wyoming had an average of 45 days on market in Nov 2024, up by 34.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 4 homes were sold in Wyoming; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
