Is Wayne County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wayne County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wayne County has remained a Seller's Market.

Key Takeaway

Wayne County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wayne County, IN

How much do homes in Wayne County, IN cost?

Median Sold Price

$126,700

$86/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

-$64,050(-33.6%)

Key Takeaway

Homes in Wayne County have sold for 33.6% less than they did a month ago.

Summary: The median home sold price in Wayne County was $126,700 in June 2024, down 33.6% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 -$86.7K
N/A
3 $201.5K$142.4K
-29.3%
4 $180K$175K
-2.8%
5+ --
N/A

Summary: Wayne County housing prices by bedroom type for June 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 decreased by 29.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Randolph County
+29.2%
Wayne County
-33.6%

Housing Supply in Wayne County, IN

How many homes are available in Wayne County, IN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2732+18.5%

Summary: The Wayne County real estate market had 32 homes for sale in June 2024, a 18.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 138
-38.5%
4 511
+120.0%
5+ 44
0.0%

Summary: The Wayne County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 120%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
880.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Wayne County in June 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Wayne County, IN

How long does it take to sell a home in Wayne County, IN?

Average Sale Time

May 2024Jun 2024CHANGE
52 Days53 Days+2.3%

Summary: Homes in Wayne County had an average of 53 days on market in Jun 2024, up by 2.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wayne County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 8 homes were sold in Wayne County; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Wayne County, IN

Nearby Markets to Wayne County, IN

What housing markets are near Wayne County, IN?