Is Waynesboro, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waynesboro is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Waynesboro has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Waynesboro, PA

How much do homes in Waynesboro, PA cost?

Median Sold Price

$262,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$32,100(+14.0%)

Key Takeaway

Homes in Waynesboro have sold for 14% more than they did a year ago.

Summary: The median home sold price in Waynesboro was $262,000 in June 2024, up 14% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $103K$59.3K
-42.4%
2 $200.3K$190.2K
-5.0%
3 $225K$255K
+13.3%
4 $305K$325K
+6.6%
5+ $412.5K$374.9K
-9.1%

Summary: Waynesboro housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.4%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Cities

Waynesboro
+14.0%
Washington Township
+8.0%

Housing Supply in Waynesboro, PA

How many homes are available in Waynesboro, PA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
10289-12.7%

Summary: The Waynesboro real estate market had 89 homes for sale in June 2024, a 12.7% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 5455
+1.9%
4 2417
-29.2%
5+ 117
-36.4%

Summary: The Waynesboro 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 23.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 36.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
3919-51.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waynesboro, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Waynesboro in June 2024, down by 51.3% month-over-month. Of the 19 sold homes, 37% were sold under asking, 5% were sold at asking, and 58% were sold over asking.

Days on Market for Waynesboro, PA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
26 Days32 Days+26.4%

Summary: Homes in Waynesboro had an average of 32 days on market in Jun 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waynesboro are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 19 homes were sold in Waynesboro; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% 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 26 Days Ago

Newest Listings in Waynesboro, PA

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