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Housing in Wayne Township

60 homes sold in Wayne Township in the last year, at a typical $255K

Redfin reports Wayne Township’s sales by ZIP code, so these figures are for ZIP 46148, which takes in Wayne Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wayne Township homes are listed.

Homes for sale in Wayne TownshipZillowRealtor.comMore places to look ↓
Homes sold
60
ZIP 46148 · June 2025 to May 2026
Typical sale price
$255K
median, weighted by sales
Price per square foot
$120
Indiana $148
Paid vs. asking
95.8%
15% sold over asking
For sale now
13
May 2026 · 5 sold that month
What sold · last 12 months · ZIP 46148

Houses are 95% of Wayne Township’s sales, at a typical $244K

60 homes sold in the year to May 2026.

Houses$244K

typical sale · 57 sold in 12 months

Per square foot
$117IN $148
Days to sell
21
Sold over asking
12%
14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

60 sales in the last year, against 88 in 2020 and a low of 40 in 2012. The typical sale went from $94K in 2016 to $255K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 40 sold, typical $68K’122013: 42 sold, typical $104K2014: 51 sold, typical $83K’142015: 65 sold, typical $79K2016: 65 sold, typical $94K’162017: 63 sold, typical $90K2018: 63 sold, typical $107K’182019: 82 sold, typical $129K2020: 88 sold, typical $149K’202021: 69 sold, typical $157K2022: 71 sold, typical $183K’222023: 56 sold, typical $183K2024: 62 sold, typical $247K’242025: 52 sold, typical $282KLast 12 months: 60 sold, typical $255KNow

Source: Redfin Data Center, MLS sales; for ZIP 46148, which takes in Wayne Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Wayne Township

Houseat $117 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Wayne Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Wayne Township are rarer than before the pandemic, but 38% fewer homes come up for sale

We read every month of home sales in ZIP 46148 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 60 sales.

If you’re buying in Wayne Township

  • Shop in September. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Offer under asking. Buyers paid 95.8% of the list price on average; 15% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 8 a month), but May is the most competitive: 29% of May sales close over asking. August and September offer nearly as much choice with fewer homes bid up (21%). January has the least competition (19%) but only about 4 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 19% sold over asking, 79 days to sellJFeb: 4 new listings a month, 20% sold over asking, 79 days to sellFMar: 5 new listings a month, 20% sold over asking, 92 days to sellMApr: 6 new listings a month, 26% sold over asking, 93 days to sellAMay: 7 new listings a month, 29% sold over asking, 79 days to sellMJun: 8 new listings a month, 27% sold over asking, 62 days to sellJJul: 8 new listings a month, 24% sold over asking, 50 days to sellJAug: 8 new listings a month, 21% sold over asking, 52 days to sellASep: 7 new listings a month, 20% sold over asking, 50 days to sellSOct: 7 new listings a month, 21% sold over asking, 48 days to sellONov: 6 new listings a month, 20% sold over asking, 58 days to sellNDec: 5 new listings a month, 24% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Wayne Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price15%21%39%19%
Gone within two weeksShare of homes under contract within 14 days47%3%2%37%
Listings with a price cutShare of homes for sale that cut their price———33%
Price paid vs. askingAverage sale price ÷ list price95.8%97.8%99.5%97.7%
Days to sellMedian days from listing to contract21725135
Supply

14 homes for sale on a typical day

That’s 1.5 times the 2023 low (10), 38% fewer than in 2017–19 and well under 2014’s 39.

2012: 32 for sale’122013: 32 for sale2014: 39 for sale2015: 34 for sale’152016: 29 for sale2017: 27 for sale2018: 18 for sale’182019: 23 for sale2020: 22 for sale2021: 29 for sale’212022: 13 for sale2023: 10 for sale2024: 12 for sale’242025: 15 for saleLast 12 months: 14 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 46148, which takes in Wayne Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wayne Township home costs about $1,476 a month

Mortgage
Property tax
Insurance
Rent

Price: Wayne Township’s typical sale, last 12 months. Property tax at Wayne Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wayne Township is affordable on local pay is on Cost of living.

Before you buy in Wayne Township

Six things worth knowing

8

New listings in July

The month with the most choice. February has the fewest, about 4.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $255K home, about $1,740 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Wayne Township, from test results, graduation and how much students grow.

Schools in Wayne Township
29 min

Typical commute

The average one-way trip to work for people who live in Wayne Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Knightstown, New Castle and Middletown sell for less a square foot; Greenfield, Ingalls and Pendleton for far more

The busier markets within 25 miles of Wayne Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Greenfield363$272K$15513%36
New Castle229$138K$10124%28
Pendleton94$324K$1667%49
Ingalls68$315K$15813%41
Wayne Township (ZIP 46148)60$255K$12015%21
Middletown34$163K$10818%22
Knightstown32$196K$9722%57

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Wayne Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wayne Township. People who follow the town see it, and so do people comparing Wayne Township with their own town. No commission, no listing fee.

Questions about buying a home in Wayne Township

What do homes sell for in Wayne Township, IN?

60 homes sold in the year to May 2026 at a typical $255K, $120 a square foot.

Is Wayne Township a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in May 2026 and 5 sold, about 2.3 months of supply. Buyers paid 95.8% of asking on average.

When is the best time to buy in Wayne Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Wayne Township?

About 0.7% of a home’s value a year. On a $255K home that’s near $1,740.

Where can I see homes for sale in Wayne Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Wayne Township’s MLS listings; the search links above open each one filtered to Wayne Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46148, which takes in Wayne Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).