$3,681 Closing Credit*
$310,000
1,419 SqFt
2 Beds
•2 Full Baths
MILENA WEBB, Listing Office: HERITAGE REAL ESTATE CO.
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 Neutral Market.
Key Takeaway
Wayne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wayne, VA
How much do homes in Wayne, VA cost?
Median Sold Price
$449,700
$209/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$136,700(+43.7%)
Key Takeaway
Homes in Wayne have sold for 43.7% more than they did a month ago.
Summary: The median home sold price in Wayne was $449,700 in October 2024, up 43.7% from last month, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $301K | - | N/A |
| 3 Bedrooms | $325K | $1.4M | +330.8% |
| 4 Bedrooms | - | $447.3K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Wayne 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 increased by 330.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wayne | $313K | $449.7K | +43.7% |
| Fishersville | $325K | $447.3K | +37.6% |
| Waynesboro | $286K | $309.1K | +8.1% |
| Waynesboro | $286K | $309.1K | +8.1% |
Housing Supply in Wayne, VA
How many homes are available in Wayne, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Summary: The Wayne real estate market had 18 homes for sale in October 2024, a 38.5% increase 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Wayne 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wayne, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Wayne in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 58 Days | +201.5% |
Summary: Homes in Wayne had an average of 58 days on market in Oct 2024, up by 201.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 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 October 2024, 5 homes were sold in Wayne; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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