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 November 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

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in North Wyoming has remained the same since last year.

Summary: The median home sold price in North Wyoming was $375,000 in November 2024, up 0.4% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $326.8K$365K
+11.7%
3 $350K$375K
+7.1%
4 $402.5K$395K
-1.9%
5+ $415K-
N/A

Summary: North Wyoming housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.9%, 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

Oct 2024Nov 2024CHANGE
2216-27.3%

Summary: The North Wyoming real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1410
-28.6%
4 64
-33.3%
5+ 11
0.0%

Summary: The North 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 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. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in North Wyoming in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
12 Days10 Days-18.4%

Summary: Homes in North Wyoming had an average of 10 days on market in Nov 2024, down by 18.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 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 November 2024, 4 homes were sold in North Wyoming; 100% of homes were sold within 30 days, 0% 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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