Is Wayne County, OH 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 November 2021

Since last year, 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.

How much do homes in Wayne County, OH cost?

Median Sold Price

$210,366

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$29,652(+16.4%)

Key Takeaway

Homes in Wayne County have sold for 16.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $139K$90K
-35.3%
2 $134K$150K
+11.9%
3 $180.6K$209.9K
+16.2%
4 $210K$275.7K
+31.3%
5+ $275K$320K
+16.4%

Median Sold Price Compared To Nearby Counties

Ashland County
+34.4%
Holmes County
+26.3%
Wayne County
+16.4%
Medina County
+9.6%
Stark County
+3.1%

How many homes are available in Wayne County, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
302243-19.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 4643
-6.5%
3 162131
-19.1%
4 7354
-26.0%
5+ 2014
-30.0%

Number of Homes Sold

Oct 2022Nov 2022%
10468-34.6%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

16 Homes Were 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. 50.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
37 Days30 Days-19.2%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

3 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.

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

About Wayne County, OH

Wayne County, OH has 243 homes for sale to choose from. In November 2022 in Wayne County, OH there were 19.5% less homes for sale than in October 2022. The median list price of listings available in November 2022 was $210,366, while the average time on the real estate market was 30 days. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties became 35.3% more cheaper, the cost of 2 bedrooms properties went up by 11.9%, prices of 3 bedrooms properties increased by 16.2%, prices of 4 bedrooms properties increased by 31.3%, the cost of 5 bedrooms properties went up by 16.4%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 6.5%, the quantity of 3 bedrooms homes went down by 19.1%, volume of 4 bedrooms homes went down by 26%, number of 5 bedrooms homes decreased by 30%. In November 2022 more than 16 listings in Wayne County, OH were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 34 were sold below.

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