Is Waynesboro, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesboro is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Waynesboro has remained a Buyer's Market.

Key Takeaway

Waynesboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Waynesboro, TN

How much do homes in Waynesboro, TN cost?

Median Sold Price

$200,882

$77/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$23,882(+13.5%)

Key Takeaway

Homes in Waynesboro have sold for 13.5% more than they did a month ago.

Summary: The median home sold price in Waynesboro was $200,882 in October 2024, up 13.5% from last month, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $177K-
N/A
3 -$200.8K
N/A
4 --
N/A
5+ --
N/A

Summary: Waynesboro 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Waynesboro, TN

How many homes are available in Waynesboro, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2224+9.1%

Summary: The Waynesboro real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1113
+18.2%
4 23
+50.0%
5+ 44
0.0%

Summary: The Waynesboro 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 20%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesboro, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Waynesboro in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Waynesboro, TN

How long does it take to sell a home in Waynesboro, TN?

Average Sale Time

Sep 2024Oct 2024CHANGE
79 Days23 Days-71.0%

Summary: Homes in Waynesboro had an average of 23 days on market in Oct 2024, down by 71% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Waynesboro; 50% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Waynesboro, TN

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