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 May 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

$255,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,100(+10.9%)

Key Takeaway

Homes in Waynesboro have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Waynesboro was $255,000 in May 2024, up 10.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $103K$59.3K
-42.4%
2 $199.9K$197.5K
-1.2%
3 $226K$249.9K
+10.6%
4 $307.4K$321K
+4.4%
5+ $385K$355K
-7.8%

Summary: Waynesboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.4%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Cities

Waynesboro
+10.9%
Washington Township
+7.2%

Housing Supply in Waynesboro, PA

How many homes are available in Waynesboro, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
91102+12.1%

Summary: The Waynesboro real estate market had 102 homes for sale in May 2024, a 12.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 4754
+14.9%
4 2121
0.0%
5+ 1214
+16.7%

Summary: The Waynesboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 14.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were 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. 44% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Waynesboro in May 2024, up by 19.0% month-over-month. Of the 25 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% 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

May 2023May 2024CHANGE
32 Days33 Days+4.5%

Summary: Homes in Waynesboro had an average of 33 days on market in May 2024, up by 4.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

8 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 May 2024, 25 homes were sold in Waynesboro; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in Waynesboro, PA

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