Wayne County, IN Home Values & Market Trends

The median home price in Wayne County, IN is $115,589.86. There were 1,511 home sales in Wayne County, IN over the past 12 months. The median residential Wayne County, IN home value for transactions over the previous year is $58,000. The number of current listings in Wayne County, IN is 41, and the percentage of properties for sale is 41.00%. The county has 64 foreclosures, 5 bank owned properties, 9 headed for auction, and 41 properties for sale.

Wayne County, IN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Richmond

$ 72,021

$ 50/sqft

Dublin

$ --

$ --

Centerville

$ 192,959

$ 115/sqft

Cambridge City

$ --

$ --

Fountain City

$ 299,900

$ 150/sqft

Williamsburg

$ --

$ --

Webster

$ --

$ --

Milton

$ --

$ --

Pershing

$ --

$ --

Hagerstown

$ --

$ --

Economy

$ --

$ --

Boston

$ --

$ --

Greens Fork

$ --

$ --

Housing Market Summary for Wayne County, IN

Apr 2023March 2024Change
Median Listing Price$182.9K$114.7K-37.30%
Median Sold Price$105.1K$114.7K9.15%
Homes For Sale333815.15%
Homes Sold4785137.32%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Wayne County, IN

Wayne County, IN home values range from $20,096 to $9,302,868. Fountain City is the priciest city with a median listing home price of $297,400, and Richmond is most affordable with average house prices of around $109,900.

Foreclosure
There are 13 cities within Wayne County, IN; within these cities, the median estimated home value for homes in foreclosure ranges from $127,832 in Richmond to the lowest value of $26,047 in Richmond. Foreclosure homes account for 0.00% of properties in Wayne County, IN with Richmond containing 40 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in Wayne County, IN with Richmond containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 13 cities within Wayne County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $833,694 in Fountain City to the lowest home value of $47,527 in Richmond.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wayne County, IN ranges from the highest value of $256,750 in Cambridge City to the lowest value of $26,047 in Richmond. Bank owned homes and properties account for 0.02% of properties in Wayne County, IN. There are 13 cities within Wayne County, IN; Richmond containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Richmond has 6 auction properties, the highest number of properties going to auction in a single city in the state of Wayne County, IN. Auction homes and other auction properties account for 0.04% of all properties in Wayne County, IN. There are 13 cities within Wayne County, IN; of those cities, the median estimated home value for homes going to auction ranges from $187,100 in Centerville to the lowest value of $69,516 in Centerville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in Wayne County, IN with Richmond containing 31 homes for sale, the highest number of listed properties in a single city. There are 13 cities within Wayne County, IN; homes for sale in those cities, have a range of median values from $311,840 in Fountain City to the lowest value of $23,210 in Richmond.
    Sold Homes
    The median value for recently sold homes ranges from $112,325 in Pershing to the lowest price of $21,061 in Pershing. There are 13 cities within Wayne County, IN. Richmond has 380 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.29% of properties in Wayne County, IN.

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      Guide for Wayne County, IN

      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.