Is Wayne County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wayne County has remained a Seller's Market.
Housing Prices in Wayne County, OH
How much do homes in Wayne County, OH cost?
Median Sold Price
$230,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wayne County was $230,000 in April 2024, up 8.8% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.7K | $106.4K | +48.4% |
2 Bedrooms | $150K | $175K | +16.7% |
3 Bedrooms | $210.4K | $225K | +6.9% |
4 Bedrooms | $285K | $295K | +3.5% |
5+ Bedrooms | $302.5K | $335K | +10.7% |
Summary: Wayne County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Counties
Medina County | $289.9K | $319.6K | +10.2% |
Wayne County | $211.4K | $230K | +8.8% |
Stark County | $179.9K | $194.2K | +7.9% |
Ashland County | $200K | $195K | -2.5% |
Housing Supply in Wayne County, OH
How many homes are available in Wayne County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
217 | 243 | +12.0% |
Summary: The Wayne County real estate market had 243 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 34 | 38 | +11.8% |
3 Bedrooms | 113 | 131 | +15.9% |
4 Bedrooms | 51 | 58 | +13.7% |
5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Wayne County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 75 | +13.6% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Wayne County in April 2024, up by 13.6% month-over-month. Of the 73 sold homes, 49% were sold under asking, 14% were sold at asking, and 37% were sold over asking.
Days on Market for Wayne County, OH
How long does it take to sell a home in Wayne County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 37 Days | -0.6% |
Summary: Homes in Wayne County had an average of 37 days on market in Apr 2024, down by 0.6% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 75 homes were sold in Wayne County; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.