Is Wayne County, IN 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, Wayne County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $86.7K | N/A |
3 Bedrooms | $201.5K | $142.4K | -29.3% |
4 Bedrooms | $180K | $175K | -2.8% |
5+ Bedrooms | - | - | 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 | $120K | $155K | +29.2% |
Wayne County | $190.7K | $126.7K | -33.6% |
Housing Supply in Wayne County, IN
How many homes are available in Wayne County, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
27 | 32 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 13 | 8 | -38.5% |
4 Bedrooms | 5 | 11 | +120.0% |
5+ Bedrooms | 4 | 4 | 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 2024 | Jun 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
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 2024 | Jun 2024 | CHANGE |
---|---|---|
52 Days | 53 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
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.