Market Overview
Home Prices in Wyoming, IL
The median home value in Wyoming, IL is $127,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.3% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wyoming are priced69% below average. Wyoming is part of the Peoria, IL metro area.
Over the past five years, Wyoming home values have risen by approximately13.3%, reflecting steady appreciation in this market.
Price History
Wyoming Home Price Trend
2020
$102,028
$102K
—
2021
$112,232
$112K
+10.0%
2022
$116,768
$117K
+4.0%
2023
$122,852
$123K
+5.2%
2024
$115,659
$116K
-5.9%
2025
$118,544
$119K
+2.5%
2026
$127,199
$127K
+7.3%
City Comparison
Wyoming vs. National Median
🏠 Wyoming
$127,199
National Median
$410,000
At $127,199, homes in Wyoming cost 69% below the national median of $410,000. This makes Wyoming a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wyoming?
20% Down Payment
$25,440
on $127,199
Monthly P&I
$663/mo
30-yr @ 6.8%
Total Monthly Est.
~$842/mo
incl. taxes & insurance
Income Needed
$33,680
gross annual (30% rule)
10% Down Option
$12,720
+ PMI applies
Loan Amount (20% dn)
$101,759
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wyoming, IL?
The median home value in Wyoming is $127,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.3% year-over-year.
How much have home prices changed in Wyoming?
Over the past year, home values in Wyoming have increased by 7.3%. Over five years, prices have risen approximately 13.3%.
How much do I need to earn to buy a home in Wyoming?
To comfortably afford the median home price of $127,199 with a 20% down payment ($25,440) at today's rates (6.8%), you'd need a gross annual income of approximately $33,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Wyoming compare to the national average home price?
The national median home value is approximately $410,000. At $127,199, homes in Wyoming are 69% below the national average.
What metro area is Wyoming part of?
Wyoming is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.