Wyoming, IL—61491
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wyoming, IL
As of Oct '25, the median home price in Wyoming, IL is $128,000, with a year-over-year change of 9.3%. This indicates that home prices in Wyoming, IL are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | 9.3% |
| Single Family | $128,000 | 12.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wyoming, IL
Wyoming, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wyoming, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Wyoming, IL is 70. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $104,000 | -27.0% |
Listing Count | 3 | -17.0% |
| Listings as % of Homes | 0.3% | -17.0% |
Days on Market | 70 | 12.0% |
Demographics — Wyoming, IL
As of the latest ACS Survey released in 2023, Wyoming, IL has a population of 2,170, which has increased by 12.6% over the past 5 years. Wyoming, IL is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,170 | 12.6% |
% Under 18 | 20.1% | 0.5% |
% Seniors | 23.2% | 1.3% |
% WFH | 8.1% | 97.6% |
% w/ College Degree | 22.2% | 36.2% |
As of the latest ACS Survey released in 2023, Wyoming, IL is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Wyoming, IL is hispanic, making up 3.9% of the population. Foreign-born residents account for 3.4% of the population in Wyoming, IL, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.3% | -4.7% |
% Black | 0.7% | ∞% |
% Hispanic | 3.9% | 457.1% |
% Asian | 1.7% | 30.8% |
% Foreign Born | 3.4% | 100.0% |
Mortgage and Risk — Wyoming, IL
According to HUD data as of 2023, there were 32 mortgage originations in Wyoming, IL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Wyoming, IL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Wyoming, IL
Wyoming, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — Wyoming, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $128,000 |
| Median Household Income | $61,400 |