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

$254,450

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,450(+8.3%)

Key Takeaway

Homes in Wayne Township have sold for 8.3% more than they did a month ago.

Summary: The median home sold price in Wayne Township was $254,450 in October 2024, up 8.3% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $200K$148K
-26.0%
3 $235K$250K
+6.4%
4 $315K$291K
-7.6%
5+ $504K$612.5K
+21.5%

Summary: Wayne Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 21.5%.

Median Sold Price Compared To Nearby Cities

Clay Township
+237.0%
Plain Township
+104.2%
Winona Lake
+11.5%
Wayne Township
+8.3%
Warsaw
+5.7%

Housing Supply in Wayne Township, IN

How many homes are available in Wayne Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
134129-3.7%

Summary: The Wayne Township real estate market had 129 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2319
-17.4%
3 6566
+1.5%
4 3837
-2.6%
5+ 87
-12.5%

Summary: The Wayne Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4238-9.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 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. 44.7% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Wayne Township in October 2024, down by 9.5% month-over-month. Of the 38 sold homes, 45% were sold under asking, 21% were sold at asking, and 34% 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 16 Days Ago

Newest Listings in Wayne Township, IN

Nearby Markets to Wayne Township, IN

What housing markets are near Wayne Township, IN?