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 Last Month

Since last month, 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

$232,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$26,900(-10.4%)

Key Takeaway

Homes in Wayne Township have sold for 10.4% less than they did a month ago.

Summary: The median home sold price in Wayne Township was $232,000 in November 2024, down 10.4% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $148K$205K
+38.5%
3 $250K$196K
-21.6%
4 $295.5K$362.8K
+22.8%
5+ $612.5K$485K
-20.8%

Summary: Wayne Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes decreased by 20.8%.

Median Sold Price Compared To Nearby Cities

Warsaw
-3.6%
Wayne Township
-10.4%
Winona Lake
-15.3%
Plain Township
-42.7%
Clay Township
-62.0%

Housing Supply in Wayne Township, IN

How many homes are available in Wayne Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
123113-8.1%

Summary: The Wayne Township real estate market had 113 homes for sale in November 2024, a 8.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1815
-16.7%
3 6563
-3.1%
4 3429
-14.7%
5+ 65
-16.7%

Summary: The Wayne Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3932-17.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne Township, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in Wayne Township in November 2024, down by 17.9% month-over-month. Of the 32 sold homes, 28% were sold under asking, 44% were sold at asking, and 28% 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

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

Report Updated 17 Days Ago

Newest Listings in Wayne Township, IN

Nearby Markets to Wayne Township, IN

What housing markets are near Wayne Township, IN?