Is Wayne Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wayne Township has remained a Seller's Market.
Housing Prices in Wayne Township, IN
How much do homes in Wayne Township, IN cost?
Median Sold Price
$333,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wayne Township was $333,000 in April 2024, up 9.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $321.5K | $342K | +6.3% |
3 Bedrooms | $280K | $281K | 0.4% |
4 Bedrooms | $360K | $394K | +9.4% |
5+ Bedrooms | $450K | $465K | +3.3% |
Summary: Wayne Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
Green Township | $263K | $315K | +19.8% |
Wayne Township | $305K | $333K | +9.2% |
Stony Creek Township | $198.5K | $212K | +6.8% |
Fall Creek Township | $431.4K | $431.9K | 0.1% |
Housing Supply in Wayne Township, IN
How many homes are available in Wayne Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 47 | +9.3% |
Summary: The Wayne Township real estate market had 47 homes for sale in April 2024, a 9.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Wayne Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Wayne Township in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Wayne Township, IN
How long does it take to sell a home in Wayne Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 22 Days | +141.6% |
Summary: Homes in Wayne Township had an average of 22 days on market in Apr 2024, up by 141.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Wayne Township; 82% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.