$3,266 Closing Credit*
$275,000
2,095 SqFt
3 Beds
•3 Full Baths
JESSICA SAMPLE, Listing Office: EXP REALTY LLC - FREDERICKSBURG
Is Wayne, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wayne was a Seller's Market.
Key Takeaway
Wayne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wayne, VA
How much do homes in Wayne, VA cost?
Median Sold Price
$369,569
$170/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$80,131(-17.8%)
Key Takeaway
Homes in Wayne have sold for 17.8% less than they did a month ago.
Summary: The median home sold price in Wayne was $369,569 in November 2024, down 17.8% from last month, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.4M | $242.1K | -82.7% |
| 4 Bedrooms | $449.7K | $497K | +10.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Wayne housing prices by bedroom type for November 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 decreased by 82.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waynesboro | $330.9K | $415K | +25.4% |
| Waynesboro | $330.9K | $415K | +25.4% |
| Fishersville | $449.7K | $497K | +10.5% |
| Wayne | $449.7K | $369.5K | -17.8% |
Housing Supply in Wayne, VA
How many homes are available in Wayne, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Wayne real estate market had 15 homes for sale in November 2024, a 21.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wayne 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wayne, 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 Wayne in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Wayne, VA
How long does it take to sell a home in Wayne, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 109 Days | +88.8% |
Summary: Homes in Wayne had an average of 109 days on market in Nov 2024, up by 88.8% compared to last month.
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
Key Takeaway
Many homes in Wayne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Wayne; 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.
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