Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,057 people, 2,879 houses or apartments, and a median cost of homes of $419,665, Wyoming real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Wyoming, accounting for 82.61% of the city's housing units. Other types of housing that are prevalent in Wyoming include mobile homes or trailers ( 8.82%), large apartment complexes or high rise apartments ( 5.45%), and a few row houses and other attached homes ( 3.12%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Wyoming. Owner-occupied housing accounts for 87.68% of Wyoming's homes, and 76.78% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Wyoming built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Wyoming built between 2000 and later ( 24.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.77%). There's also some housing in Wyoming built before 1939 ( 3.88%).
Appreciation rates for homes in Wyoming have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.66%, which ranks in the top 50% nationwide. This equates to an annual average Wyoming house appreciation rate of 6.21%.
Over the last year, Wyoming appreciation rates have trailed the rest of the nation. In the last twelve months, Wyoming's appreciation rate has been 1.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wyoming were at -2.13%, which equates to an annual appreciation rate of -8.26%.
Notably, Wyoming's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Minnesota, our data show that Wyoming's latest annual appreciation rate is lower than 80% of the other cities and towns in Minnesota.
$419,665
for Minnesota
for nation
2,879
$1,545 / per month