Is Waynesville, 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, Waynesville has remained a Seller's Market.
Key Takeaway
Waynesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Waynesville, OH
How much do homes in Waynesville, OH cost?
Median Sold Price
$380,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Waynesville have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Waynesville was $380,000 in May 2024, up 5.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $245K | +29.0% |
| 3 Bedrooms | $314.8K | $301K | -4.4% |
| 4 Bedrooms | $562.5K | $475K | -15.6% |
| 5+ Bedrooms | $739K | $680K | -8.0% |
Summary: Waynesville 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 29%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Wayne Township | $288K | $314.8K | +9.3% |
| Waynesville | $360K | $380K | +5.6% |
Housing Supply in Waynesville, OH
How many homes are available in Waynesville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Waynesville real estate market had 32 homes for sale in May 2024, a 6.7% 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 | 1 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Waynesville 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waynesville, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Waynesville in May 2024, up by 116.7% month-over-month. Of the 13 sold homes, 69% were sold under asking, 0% were sold at asking, and 31% were sold over asking.
Days on Market for Waynesville, OH
How long does it take to sell a home in Waynesville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 49 Days | +22.4% |
Summary: Homes in Waynesville had an average of 49 days on market in May 2024, up by 22.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Waynesville has remained consistent over time.
Summary: During May 2024, 13 homes were sold in Waynesville; 31% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.