Is Wyoming, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wyoming has remained a Seller's Market.
Housing Prices in Wyoming, MN
How much do homes in Wyoming, MN cost?
Median Sold Price
$394,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wyoming was $394,500 in March 2024, up 3.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $196K | $253.7K | +29.5% |
2 Bedrooms | $280.5K | $331K | +18.0% |
3 Bedrooms | $375K | $365K | -2.7% |
4 Bedrooms | $395K | $410K | +3.8% |
5+ Bedrooms | $451K | $651.2K | +44.4% |
Summary: Wyoming housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 44.4%.
Median Sold Price Compared To Nearby Cities
Stacy | $379.9K | $405K | +6.6% |
Wyoming | $380K | $394.5K | +3.8% |
Wyoming | $367.5K | $375K | +2.0% |
Chisago City | $436K | $430K | -1.4% |
Forest Lake | $398.2K | $380K | -4.6% |
Housing Supply in Wyoming, MN
How many homes are available in Wyoming, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 45 | +21.6% |
Summary: The Wyoming real estate market had 45 homes for sale in March 2024, a 21.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 0 | 4 | +100.0% |
Summary: The Wyoming housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wyoming in March 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 55 Days | -6.9% |
Summary: Homes in Wyoming had an average of 55 days on market in Mar 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Wyoming; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.