Is Waynesburg, 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, Waynesburg has remained a Seller's Market.
Key Takeaway
Waynesburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waynesburg, PA
How much do homes in Waynesburg, PA cost?
Median Sold Price
$225,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Waynesburg have sold for 70.5% more than they did a year ago.
Summary: The median home sold price in Waynesburg was $225,000 in March 2024, up 70.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109.9K | $108K | -1.8% |
| 3 Bedrooms | $137K | $227.5K | +66.1% |
| 4 Bedrooms | $150K | $300K | +100.0% |
| 5+ Bedrooms | $195K | $280K | +43.6% |
Summary: Waynesburg 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 decreased by 1.8%, 3 bedroom homes increased by 66.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 43.6%.
Housing Supply in Waynesburg, PA
How many homes are available in Waynesburg, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Summary: The Waynesburg real estate market had 26 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Waynesburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesburg, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Waynesburg in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Waynesburg, PA
How long does it take to sell a home in Waynesburg, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 70 Days | -5.6% |
Summary: Homes in Waynesburg had an average of 70 days on market in Mar 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waynesburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Waynesburg; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
