Is Wayne Township, OH 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 September 2023

At the same time last year, Wayne Township was a Buyer'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, OH

How much do homes in Wayne Township, OH cost?

Median Sold Price

$275,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$93,000(+51.1%)

Key Takeaway

Homes in Wayne Township have sold for 51.1% more than they did a year ago.

Summary: The median home sold price in Wayne Township was $275,000 in September 2024, up 51.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $40K-
N/A
2 $164.5K$134.2K
-18.4%
3 $203.5K$293.5K
+44.2%
4 $225K$285.2K
+26.8%
5+ $120.5K-
N/A

Summary: Wayne Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.4%, 3 bedroom homes increased by 44.2%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wayne Township
+51.1%
Saint Clair Township
+30.9%
Trenton
+3.2%

Housing Supply in Wayne Township, OH

How many homes are available in Wayne Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1110-9.1%

Summary: The Wayne Township real estate market had 10 homes for sale in September 2024, a 9.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 75
-28.6%
4 23
+50.0%
5+ 11
0.0%

Summary: The Wayne Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wayne Township in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Wayne Township, OH

How long does it take to sell a home in Wayne Township, OH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wayne Township has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Wayne Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in Wayne Township, OH

Nearby Markets to Wayne Township, OH

What housing markets are near Wayne Township, OH?