Is Waynesboro, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$249,950
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Waynesboro have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Waynesboro was $249,950 in March 2024, up 13.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $81.1K | N/A |
| 2 Bedrooms | $180.4K | $197.5K | +9.5% |
| 3 Bedrooms | $224.5K | $240K | +6.9% |
| 4 Bedrooms | $305K | $316K | +3.6% |
| 5+ Bedrooms | $329.9K | $365K | +10.6% |
Summary: Waynesboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Waynesboro | $220K | $249.9K | +13.6% |
| Washington Township | $245K | $237.8K | -2.9% |
Housing Supply in Waynesboro, PA
How many homes are available in Waynesboro, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 129 | +7.5% |
Summary: The Waynesboro real estate market had 129 homes for sale in March 2024, a 7.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 63 | 66 | +4.8% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Waynesboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesboro, you could pay more than the asking price. 39.1% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Waynesboro in March 2024, the same as the previous month. Of the 23 sold homes, 35% were sold under asking, 26% were sold at asking, and 39% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 34 Days | -30.8% |
Summary: Homes in Waynesboro had an average of 34 days on market in Mar 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waynesboro are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Waynesboro; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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