Wyoming appreciation rates and housing market information

Wyoming housing market information

With 8,305 people, 3,220 houses or apartments, and a median cost of homes of $357,565, Wyoming house prices are not only among the most expensive in Ohio, Wyoming real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Wyoming, accounting for 84.07% of the city's housing units. Other types of housing that are prevalent in Wyoming include duplexes, homes converted to apartments, or other small apartment buildings (8.39%), row houses and other attached homes (4.63%), and a few large apartment complexes or high rise apartments (2.92%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Wyoming. Owner-occupied housing accounts for 84.22% of Wyoming's homes, and 69.63% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Wyoming's housing was primarily built during this period, from the '40s through the '60s. A full 48.98% of the city's housing hails from this era. Other housing ages represented in Wyoming include homes built between 1939 and earlier (34.81%), and housing constructed from 1970-1994 (15.34%). There's also some housing in Wyoming built between 1995 and later (.87%).

Wyoming home appreciation rates

Wyoming's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wyoming during the period has been just 5.89%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Wyoming home appreciation rates, at 1.77%, have been at or slightly above the national average. In the latest quarter, Wyoming's appreciation rate has been 1.73%, which annualizes to a rate of 6.92%.

Importantly, this makes Wyoming one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Ohio, our data show that Wyoming's latest annual appreciation rate is higher than 65% of the other cities and towns in Ohio.