Is Wayne County, GA 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 County has remained a Seller's Market.
Housing Prices in Wayne County, GA
How much do homes in Wayne County, GA cost?
Median Sold Price
$218,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wayne County was $218,000 in May 2024, down 3.1% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $10K | - | N/A |
2 Bedrooms | $137.5K | $180K | +30.9% |
3 Bedrooms | $205.4K | $210K | +2.2% |
4 Bedrooms | $264.9K | $292.5K | +10.4% |
5+ Bedrooms | $318.4K | $417K | +31.0% |
Summary: Wayne County 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 30.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 31%.
Median Sold Price Compared To Nearby Counties
Appling County | $175K | $177.5K | +1.4% |
Long County | $288K | $286K | -0.7% |
Wayne County | $225K | $218K | -3.1% |
Housing Supply in Wayne County, GA
How many homes are available in Wayne County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 59 | -10.6% |
Summary: The Wayne County real estate market had 59 homes for sale in May 2024, a 10.6% decrease 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 | 6 | 8 | +33.3% |
3 Bedrooms | 43 | 35 | -18.6% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Wayne County 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 33.3%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Wayne County in May 2024, up by 28.6% month-over-month. Of the 17 sold homes, 35% were sold under asking, 53% were sold at asking, and 12% were sold over asking.
Days on Market for Wayne County, GA
How long does it take to sell a home in Wayne County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 52 Days | -19.8% |
Summary: Homes in Wayne County had an average of 52 days on market in May 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Wayne County; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.