Is Wayne Township, OH 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 October 2023

Since last year, 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, OH

How much do homes in Wayne Township, OH cost?

Median Sold Price

$197,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,300(+28.2%)

Key Takeaway

Homes in Wayne Township have sold for 28.2% more than they did a year ago.

Summary: The median home sold price in Wayne Township was $197,000 in October 2024, up 28.2% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $40K-
N/A
2 $150K$134.2K
-10.5%
3 $157.4K$199.5K
+26.7%
4 $227.5K-
N/A
5+ $120.5K-
N/A

Summary: Wayne Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 26.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wayne Township, OH

How many homes are available in Wayne Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Wayne Township real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wayne Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wayne Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days40 Days+2.6%

Summary: Homes in Wayne Township had an average of 40 days on market in Oct 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 3 homes were sold in Wayne Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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, OH

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