Is Wayne Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$314,800
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wayne Township was $314,800 in May 2024, up 9.3% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $162.5K | $180K | +10.8% |
3 Bedrooms | $280K | $280K | 0.0% |
4 Bedrooms | $492K | $401K | -18.5% |
5+ Bedrooms | $147.7K | $415K | +180.9% |
Summary: Wayne Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 180.9%.
Median Sold Price Compared To Nearby Cities
Wayne Township | $288K | $314.8K | +9.3% |
Waynesville | $360K | $380K | +5.6% |
Housing Supply in Wayne Township, OH
How many homes are available in Wayne Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The Wayne Township real estate market had 28 homes for sale in May 2024, a 21.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Wayne Township 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 100%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Wayne Township in May 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 35 Days | -9.1% |
Summary: Homes in Wayne Township had an average of 35 days on market in May 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Wayne Township; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.