Is North Wyoming, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Wyoming is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North Wyoming, NM

How much do homes in North Wyoming, NM cost?

Median Sold Price

$375,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,500(+3.2%)

Key Takeaway

Homes in North Wyoming have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in North Wyoming was $375,000 in October 2024, up 3.2% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $322.9K$377K
+16.7%
3 $350K$375K
+7.1%
4 $400K$395K
-1.3%
5+ $415K-
N/A

Summary: North Wyoming housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.

Housing Supply in North Wyoming, NM

How many homes are available in North Wyoming, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2320-13.0%

Summary: The North Wyoming real estate market had 20 homes for sale in October 2024, a 13.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1513
-13.3%
4 65
-16.7%
5+ 01
+100.0%

Summary: The North Wyoming housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Wyoming, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in North Wyoming in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for North Wyoming, NM

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days17 Days+8.7%

Summary: Homes in North Wyoming had an average of 17 days on market in Oct 2024, up by 8.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in North Wyoming; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in North Wyoming, NM

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