$1,746 Closing Credit*
$147,000
3 Beds
•1 Full Bath
Elius Hogan, Listing Office: Hosler Realty Inc - Kendallville
Is Wayne Township, 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 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
$182,000
$128/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$73,000(-28.6%)
Key Takeaway
Homes in Wayne Township have sold for 28.6% less than they did a month ago.
Summary: The median home sold price in Wayne Township was $182,000 in October 2024, down 28.6% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $109.5K | -57.1% |
| 3 Bedrooms | $244K | $182K | -25.4% |
| 4 Bedrooms | $280K | $300K | +7.1% |
| 5+ Bedrooms | - | $230K | N/A |
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 57.1%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wolcottville | $305K | $370K | +21.3% |
| Milford Township | $305K | $315K | +3.3% |
| Wayne Township | $255K | $182K | -28.6% |
| Kendallville | $262K | $179K | -31.7% |
Housing Supply in Wayne Township, IN
How many homes are available in Wayne Township, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Wayne Township real estate market had 37 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
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 remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Wayne Township in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% 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.