Is Waynesboro, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 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, PA
How much do homes in Waynesboro, PA cost?
Median Sold Price
$255,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Waynesboro have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Waynesboro was $255,000 in May 2024, up 10.9% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | $59.3K | -42.4% |
| 2 Bedrooms | $199.9K | $197.5K | -1.2% |
| 3 Bedrooms | $226K | $249.9K | +10.6% |
| 4 Bedrooms | $307.4K | $321K | +4.4% |
| 5+ Bedrooms | $385K | $355K | -7.8% |
Summary: Waynesboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.4%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Waynesboro | $229.9K | $255K | +10.9% |
| Washington Township | $230K | $246.5K | +7.2% |
Housing Supply in Waynesboro, PA
How many homes are available in Waynesboro, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 91 | 102 | +12.1% |
Summary: The Waynesboro real estate market had 102 homes for sale in May 2024, a 12.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 47 | 54 | +14.9% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Waynesboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 14.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesboro, you could pay more than the asking price. 44% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Waynesboro in May 2024, up by 19.0% month-over-month. Of the 25 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.
Days on Market for Waynesboro, PA
How long does it take to sell a home in Waynesboro, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +4.5% |
Summary: Homes in Waynesboro had an average of 33 days on market in May 2024, up by 4.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 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 May 2024, 25 homes were sold in Waynesboro; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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