Is Wayne Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wayne Township is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Wayne Township was a Buyer'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

$215,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$53,550(+33.2%)

Key Takeaway

Homes in Wayne Township have sold for 33.2% more than they did a year ago.

Summary: The median home sold price in Wayne Township was $215,000 in December 2024, up 33.2% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $140K$162K
+15.7%
2 $131K$167K
+27.5%
3 $175K$207.5K
+18.6%
4 $232.5K$257.1K
+10.6%
5+ $135K$356.5K
+164.1%

Summary: Wayne Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 164.1%.

Median Sold Price Compared To Nearby Cities

Greensboro Township
+73.3%
Knightstown
+45.6%
Wayne Township
+33.2%

Housing Supply in Wayne Township, IN

How many homes are available in Wayne Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2318-21.7%

Summary: The Wayne Township real estate market had 18 homes for sale in December 2024, a 21.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 63
-50.0%
4 10
-100.0%
5+ 43
-25.0%

Summary: The Wayne Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Wayne Township in December 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wayne Township, IN

How long does it take to sell a home in Wayne Township, IN?

Average Sale Time

Dec 2023Dec 2024CHANGE
32 Days414 Days+1194.8%

Summary: Homes in Wayne Township had an average of 414 days on market in Dec 2024, up by 1194.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wayne Township has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Wayne Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Wayne Township, IN

Nearby Markets to Wayne Township, IN