Is Wayne County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Wayne County has remained a Seller's Market.
Housing Prices in Wayne County, IN
How much do homes in Wayne County, IN cost?
Median Sold Price
$170,500
$92/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Wayne County was $170,500 in May 2024, up 34.1% from last month, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $187.5K | $76.1K | -59.4% |
3 Bedrooms | $121.8K | $181.2K | +48.8% |
4 Bedrooms | $263K | $180K | -31.6% |
5+ Bedrooms | - | - | N/A |
Summary: Wayne County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.4%, 3 bedroom homes increased by 48.8%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes did not change.
Housing Supply in Wayne County, IN
How many homes are available in Wayne County, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 29 | +7.4% |
Summary: The Wayne County real estate market had 29 homes for sale in May 2024, a 7.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Wayne County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Wayne County in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Wayne County, IN
How long does it take to sell a home in Wayne County, IN?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 Days | 52 Days | -31.0% |
Summary: Homes in Wayne County had an average of 52 days on market in May 2024, down by 31% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Wayne County; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.