Is Waynesburg, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesburg is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Waynesburg, KY

How much do homes in Waynesburg, KY cost?

Median Sold Price

$150,950

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$50,950(+50.9%)

Key Takeaway

Homes in Waynesburg have sold for 50.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $60K$49.9K
-16.8%
3 $186K$152K
-18.3%
4 $100K-
N/A
5+ --
N/A

Summary: Waynesburg housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Waynesburg, KY

How many homes are available in Waynesburg, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1314+7.7%

Summary: The Waynesburg real estate market had 14 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 79
+28.6%
4 22
0.0%
5+ 00
0.0%

Summary: The Waynesburg 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 decreased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Waynesburg in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Waynesburg, KY

How long does it take to sell a home in Waynesburg, KY?

Average Sale Time

Mar 2024Apr 2024CHANGE
41 Days144 Days+246.2%

Summary: Homes in Waynesburg had an average of 144 days on market in Apr 2024, up by 246.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Most homes in Waynesburg are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Waynesburg; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 10 Days Ago

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