Is Wayne Township, 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 Township has remained a Seller's Market.
Housing Prices in Wayne Township, OH
How much do homes in Wayne Township, OH cost?
Median Sold Price
$253,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wayne Township was $253,000 in April 2024, up 6.5% 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 | - | $30K | N/A |
2 Bedrooms | $140K | $37.5K | -73.2% |
3 Bedrooms | $222.5K | $227.5K | +2.2% |
4 Bedrooms | $315.1K | $415K | +31.7% |
5+ Bedrooms | $452.5K | $637.5K | +40.9% |
Summary: Wayne Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 73.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 40.9%.
Median Sold Price Compared To Nearby Cities
Canaan Township | $173K | $199.9K | +15.5% |
Wayne Township | $237.5K | $253K | +6.5% |
Wooster | $225K | $234.3K | +4.1% |
Green Township | $203.5K | $190K | -6.6% |
Housing Supply in Wayne Township, OH
How many homes are available in Wayne Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Summary: The Wayne Township real estate market had 18 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 13 | +62.5% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wayne Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Wayne Township in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Wayne Township, OH
How long does it take to sell a home in Wayne Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 103 Days | +135.7% |
Summary: Homes in Wayne Township had an average of 103 days on market in Apr 2024, up by 135.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Wayne Township; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.