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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wayne Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Wayne Township, IN

How much do homes in Wayne Township, IN cost?

Median Sold Price

$170,000

$124/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$10,550(+6.6%)

Key Takeaway

Homes in Wayne Township have sold for 6.6% more than they did a month ago.

Summary: The median home sold price in Wayne Township was $170,000 in October 2024, up 6.6% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $332.5K$69.2K
-79.2%
2 $142K$130K
-8.5%
3 $166.5K$182K
+9.3%
4 $172.5K$260K
+50.7%
5+ $596K$217.5K
-63.5%

Summary: Wayne Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 79.2%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 50.7%, and 5+ bedroom homes decreased by 63.5%.

Median Sold Price Compared To Nearby Cities

Adams Township
+15.5%
Wayne Township
+6.6%
Saint Joseph Township
0.2%
Fort Wayne
0%
Washington Township
-11.2%

Housing Supply in Wayne Township, IN

How many homes are available in Wayne Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
353409+15.9%

Summary: The Wayne Township real estate market had 409 homes for sale in October 2024, a 15.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 80104
+30.0%
3 202221
+9.4%
4 5057
+14.0%
5+ 1420
+42.9%

Summary: The Wayne Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104124+19.2%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne Township, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.

Summary: A total of 124 homes were sold or pending in Wayne Township in October 2024, up by 19.2% month-over-month. Of the 123 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.

Days on Market for Wayne Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in Wayne Township, IN

Nearby Markets to Wayne Township, IN

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