Is Waynesburg, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesburg is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Waynesburg was a Seller's Market.

Key Takeaway

Waynesburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Waynesburg, KY

How much do homes in Waynesburg, KY cost?

Median Sold Price

$165,000

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,000(+7.8%)

Key Takeaway

Homes in Waynesburg have sold for 7.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$159K
N/A
2 $139.9K$120K
-14.2%
3 $150K$163.5K
+9.0%
4 $188K$225K
+19.7%
5+ --
N/A

Summary: Waynesburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hustonville
+9.5%
Waynesburg
+7.8%

Housing Supply in Waynesburg, KY

How many homes are available in Waynesburg, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Waynesburg real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 78
+14.3%
4 53
-40.0%
5+ 11
0.0%

Summary: The Waynesburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Waynesburg in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Waynesburg, KY

How long does it take to sell a home in Waynesburg, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days87 Days+903.8%

Summary: Homes in Waynesburg had an average of 87 days on market in Nov 2024, up by 903.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waynesburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Waynesburg; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Waynesburg, KY

Nearby Markets to Waynesburg, KY