Is Wayne Township, PA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Wayne Township is a seller's market


Difference Since Last Month

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

Key Takeaway

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

How much do homes in Wayne Township, PA cost?

Median Sold Price



Based on all homes sold in May 2023.

Difference Since Last Month


Key Takeaway

Homes in Wayne Township have sold for 15% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023May 2023%
1 $218K-
2 $370K$413.5K
3 $595K$650K
4 $1.0M$1.5M
5+ $1.1M$1.3M

How many homes are available in Wayne Township, PA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 21
2 77
3 2632
4 3534
5+ 2328

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne Township, you could pay more than the asking price. 72% of homes here sold above asking price last month.

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

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

Average Sale Time

Apr 2023May 2023%
8 Days7 Days-17.0%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wayne Township 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 Township, PA

Wayne Township, PA has 102 homes for sale to choose from. In May 2023 in Wayne Township, PA there were 9.7% more homes for sale than in April 2023. The median list price of listings available in May 2023 was $900,000, while the average time on the real estate market was 7 days. This housing market listing prices have changed between May 2022 and May 2023: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 11.8%, 3 bedrooms properties prices increased by 9.2%, prices of 4 bedrooms properties increased by 47.6%, prices of 5 bedrooms properties increased by 23.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 50%, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 23.1%, volume of 4 bedrooms homes went down by 2.9%, number of 5 bedrooms homes increased by 21.7%. Wayne Township, PA housing market in May 2023 saw over 18 listings sold above listed price, more than 2 sold at listed price and over 5 sold below.