Is Wayne County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wayne County has remained a Seller's Market.
Housing Prices in Wayne County, NY
How much do homes in Wayne County, NY cost?
Median Sold Price
$210,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wayne County was $210,000 in March 2024, up 10.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $86K | $96.1K | +11.7% |
2 Bedrooms | $140K | $157.5K | +12.5% |
3 Bedrooms | $185.7K | $208.2K | +12.1% |
4 Bedrooms | $214.2K | $240K | +12.0% |
5+ Bedrooms | $315K | $241.2K | -23.4% |
Summary: Wayne County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 23.4%.
Median Sold Price Compared To Nearby Counties
Wayne County | $189.9K | $210K | +10.5% |
Monroe County | $212.1K | $230.2K | +8.5% |
Seneca County | $169K | $175K | +3.6% |
Ontario County | $271.2K | $274.6K | +1.3% |
Cayuga County | $177.4K | $174.9K | -1.4% |
Housing Supply in Wayne County, NY
How many homes are available in Wayne County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
150 | 134 | -10.7% |
Summary: The Wayne County real estate market had 134 homes for sale in March 2024, a 10.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 0 | -100.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 67 | 63 | -6.0% |
4 Bedrooms | 41 | 37 | -9.8% |
5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Wayne County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Wayne County in March 2024, up by 2.9% month-over-month. Of the 36 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.
Days on Market for Wayne County, NY
How long does it take to sell a home in Wayne County, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 18 Days | -10.1% |
Summary: Homes in Wayne County had an average of 18 days on market in Mar 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in Wayne County; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.