$1,366 Closing Credit*
$115,000
728 SqFt
2 Beds
•1 Full Bath
David K Spence, Listing Office: ICON Real Estate, LLC
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
Since last month, Waynesboro has remained a Seller's Market.
Key Takeaway
Waynesboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waynesboro, VA
How much do homes in Waynesboro, VA cost?
Median Sold Price
$309,100
$197/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$23,100(+8.1%)
Key Takeaway
Homes in Waynesboro have sold for 8.1% more than they did a month ago.
Summary: The median home sold price in Waynesboro was $309,100 in October 2024, up 8.1% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198K | $170K | -14.1% |
| 3 Bedrooms | $286K | $261K | -8.7% |
| 4 Bedrooms | $325K | $386.6K | +19.0% |
| 5+ Bedrooms | - | $469.5K | 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 decreased by 14.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wayne | $313K | $449.7K | +43.7% |
| Waynesboro | $286K | $309.1K | +8.1% |
| Waynesboro | $286K | $309.1K | +8.1% |
Housing Supply in Waynesboro, VA
How many homes are available in Waynesboro, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Waynesboro real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesboro, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Waynesboro in October 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 55 Days | +327.8% |
Summary: Homes in Waynesboro had an average of 55 days on market in Oct 2024, up by 327.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waynesboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Waynesboro; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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