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

$170,500

$92/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$43,373(+34.1%)

Key Takeaway

Homes in Wayne County have sold for 34.1% more than they did a month ago.

Summary: The median home sold price in Wayne County was $170,500 in May 2024, up 34.1% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $187.5K$76.1K
-59.4%
3 $121.8K$181.2K
+48.8%
4 $263K$180K
-31.6%
5+ --
N/A

Summary: Wayne County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.4%, 3 bedroom homes increased by 48.8%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes did not change.

Housing Supply in Wayne County, IN

How many homes are available in Wayne County, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2729+7.4%

Summary: The Wayne County real estate market had 29 homes for sale in May 2024, a 7.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1413
-7.1%
4 55
0.0%
5+ 24
+100.0%

Summary: The Wayne County 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 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 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. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Wayne County in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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

Apr 2024May 2024CHANGE
76 Days52 Days-31.0%

Summary: Homes in Wayne County had an average of 52 days on market in May 2024, down by 31% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was 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 May 2024, 10 homes were sold in Wayne County; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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 22 Days Ago

Newest Listings in Wayne County, IN

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