Is Wayne Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wayne Township has remained a Seller's Market.
Key Takeaway
Wayne Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wayne Township, IN
How much do homes in Wayne Township, IN cost?
Median Sold Price
$54,250
$51/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wayne Township have sold for 41.4% less than they did a year ago.
Summary: The median home sold price in Wayne Township was $54,250 in April 2024, down 41.4% from last year, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $50K | N/A |
| 3 Bedrooms | $92.5K | $47.5K | -48.6% |
| 4 Bedrooms | $258.5K | $150K | -42.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Wayne Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48.6%, 4 bedroom homes decreased by 42%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Portland | $82.2K | $54.2K | -34.0% |
| Wayne Township | $92.5K | $54.2K | -41.4% |
Housing Supply in Wayne Township, IN
How many homes are available in Wayne Township, IN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Summary: The Wayne Township real estate market had 16 homes for sale in April 2024, a 128.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 3 | 8 | +166.7% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wayne Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 166.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wayne Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wayne Township in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Wayne Township, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.