Is Waynesboro, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Waynesboro was a Seller's Market.
Housing Prices in Waynesboro, TN
How much do homes in Waynesboro, TN cost?
Median Sold Price
$163,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Waynesboro was $163,000 in May 2024, down 27.6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.4K | $62K | +14.0% |
2 Bedrooms | $135.5K | $195K | +43.9% |
3 Bedrooms | $225K | $157K | -30.2% |
4 Bedrooms | $382.5K | $130K | -66.0% |
5+ Bedrooms | $458.5K | - | N/A |
Summary: Waynesboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 43.9%, 3 bedroom homes decreased by 30.2%, 4 bedroom homes decreased by 66%, and 5+ bedroom homes did not change.
Housing Supply in Waynesboro, TN
How many homes are available in Waynesboro, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Summary: The Waynesboro real estate market had 21 homes for sale in May 2024, a 23.5% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Waynesboro 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 decreased by 16.7%, 3 bedroom homes increased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Waynesboro in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Waynesboro, TN
How long does it take to sell a home in Waynesboro, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 92 Days | +75.8% |
Summary: Homes in Waynesboro had an average of 92 days on market in May 2024, up by 75.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Waynesboro; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.