Is Wayne Township, IN 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, IN
How much do homes in Wayne Township, IN cost?
Median Sold Price
$194,025
$130/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 $194,025 in April 2024, up 4.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $80K | -20.0% |
2 Bedrooms | $130K | $140K | +7.7% |
3 Bedrooms | $200K | $204.7K | +2.4% |
4 Bedrooms | $245K | $255K | +4.1% |
5+ Bedrooms | $354.9K | $322.5K | -9.2% |
Summary: Wayne Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
Wayne Township | $185K | $194K | +4.9% |
Pike Township | $235K | $245K | +4.2% |
Speedway | $240K | $249K | +3.8% |
Washington Township | $315K | $322.5K | +2.4% |
Clermont | $247.9K | $197K | -20.5% |
Housing Supply in Wayne Township, IN
How many homes are available in Wayne Township, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
370 | 347 | -6.2% |
Summary: The Wayne Township real estate market had 347 homes for sale in April 2024, a 6.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 100 | 94 | -6.0% |
3 Bedrooms | 184 | 178 | -3.3% |
4 Bedrooms | 58 | 47 | -19.0% |
5+ Bedrooms | 26 | 26 | 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 decreased by 6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 111 | -6.7% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Wayne Township in April 2024, down by 6.7% month-over-month. Of the 111 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for Wayne Township, IN
How long does it take to sell a home in Wayne Township, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 25 Days | -21.6% |
Summary: Homes in Wayne Township had an average of 25 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 111 homes were sold in Wayne Township; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.