Is Wayne Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Wayne Township has remained a Seller's Market.
Housing Prices in Wayne Township, OH
How much do homes in Wayne Township, OH cost?
Median Sold Price
$225,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Wayne Township was $225,000 in June 2024, up 2.2% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $30K | N/A |
2 Bedrooms | $145K | $172.5K | +19.0% |
3 Bedrooms | $198.8K | $197K | -0.9% |
4 Bedrooms | $308K | $415K | +34.7% |
5+ Bedrooms | $435K | $637.5K | +46.6% |
Summary: Wayne Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes increased by 46.6%.
Median Sold Price Compared To Nearby Cities
Canaan Township | $184.5K | $200K | +8.4% |
Green Township | $201.7K | $211K | +4.6% |
Wooster | $225K | $230.6K | +2.5% |
Wayne Township | $220.2K | $225K | +2.2% |
Chester Township | $333K | $267.5K | -19.7% |
Housing Supply in Wayne Township, OH
How many homes are available in Wayne Township, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Summary: The Wayne Township real estate market had 19 homes for sale in June 2024, a 9.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wayne Township housing inventory by bedroom type for June 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 decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Wayne Township in June 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Wayne Township, OH
How long does it take to sell a home in Wayne Township, OH?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 35 Days | +37.7% |
Summary: Homes in Wayne Township had an average of 35 days on market in Jun 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Wayne Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.