$5,247 Closing Credit*
$441,873
2,117 SqFt
3 Beds
•2 Full Baths, 1 Partial
AMANDA KATE LEMON, Listing Office: NEST REALTY GROUP
Is Waynesboro, 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, Waynesboro was a Seller'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, VA
How much do homes in Waynesboro, VA cost?
Median Sold Price
$415,000
$187/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$84,065(+25.4%)
Key Takeaway
Homes in Waynesboro have sold for 25.4% more than they did a month ago.
Summary: The median home sold price in Waynesboro was $415,000 in November 2024, up 25.4% from last month, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $199K | +17.1% |
| 3 Bedrooms | $295K | $451.2K | +53.0% |
| 4 Bedrooms | $386.6K | $348.7K | -9.8% |
| 5+ Bedrooms | $469.5K | $532K | +13.3% |
Summary: Waynesboro 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 increased by 17.1%, 3 bedroom homes increased by 53%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Waynesboro | $330.9K | $415K | +25.4% |
| Waynesboro | $330.9K | $415K | +25.4% |
| Wayne | $449.7K | $369.5K | -17.8% |
Housing Supply in Waynesboro, VA
How many homes are available in Waynesboro, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The Waynesboro real estate market had 43 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Waynesboro 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 25%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Waynesboro in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Waynesboro, VA
How long does it take to sell a home in Waynesboro, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 34 Days | -38.0% |
Summary: Homes in Waynesboro had an average of 34 days on market in Nov 2024, down by 38% compared to last month.
Breakdown of Home Sale Times
3 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 Waynesboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Waynesboro; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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