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Wayne County Courthouse in Richmond, western side distantPhoto: Nyttend · Public domain
Housing in Wayne Township

594 homes sold in Wayne Township in the last year, at a typical $148K

Redfin reports Wayne Township’s sales by ZIP code, so these figures are for ZIP 47374, 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
594
ZIP 47374 · June 2025 to May 2026
Typical sale price
$148K
median, weighted by sales
Price per square foot
$110
Indiana $148
Paid vs. asking
95.1%
12% sold over asking
For sale now
119
May 2026 · 46 sold that month
What sold · last 12 months · ZIP 47374

Houses are 92% of Wayne Township’s sales, at a typical $155K

594 homes sold in the year to May 2026.

Houses$155K

typical sale · 546 sold in 12 months

Per square foot
$114IN $148
Days to sell
38
Sold over asking
13%
Fewer sales

Condos: 9 sold, typical $142K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

594 sales in the last year, against 747 in 2021 and a low of 7 in 2012. The typical sale went from $82K in 2016 to $148K.

Homes soldTypical sale price
0187375562750$50K$100K$150K$200K2012: 7 sold, typical $40K’122013: 19 sold, typical $25K2014: 286 sold, typical $76K’142015: 587 sold, typical $78K2016: 613 sold, typical $82K’162017: 692 sold, typical $84K2018: 631 sold, typical $88K’182019: 662 sold, typical $91K2020: 643 sold, typical $100K’202021: 747 sold, typical $115K2022: 648 sold, typical $124K’222023: 598 sold, typical $135K2024: 560 sold, typical $141K’242025: 594 sold, typical $148KLast 12 months: 594 sold, typical $148KNow

Source: Redfin Data Center, MLS sales; for ZIP 47374, 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 $150K buys in Wayne Township

Houseat $114 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 back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of home sales in ZIP 47374 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, 594 sales.

If you’re buying in Wayne Township

  • Shop in April. It brings about 53 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
  • Offer under asking. Buyers paid 95.1% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 38 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 63 a month), but August is the most competitive: 16% of August sales close over asking. April and May offer nearly as much choice with fewer homes bid up (12%). February has the least competition (10%).

New listings a monthShare sold over asking
016.332.548.8657%13%20%Sweet spotJan: 42 new listings a month, 10% sold over asking, 77 days to sellJFeb: 42 new listings a month, 10% sold over asking, 78 days to sellFMar: 49 new listings a month, 11% sold over asking, 77 days to sellMApr: 53 new listings a month, 12% sold over asking, 77 days to sellAMay: 58 new listings a month, 14% sold over asking, 73 days to sellMJun: 60 new listings a month, 14% sold over asking, 67 days to sellJJul: 63 new listings a month, 15% sold over asking, 64 days to sellJAug: 63 new listings a month, 16% sold over asking, 61 days to sellASep: 60 new listings a month, 16% sold over asking, 60 days to sellSOct: 59 new listings a month, 15% sold over asking, 60 days to sellONov: 53 new listings a month, 14% sold over asking, 62 days to sellNDec: 46 new listings a month, 12% sold over asking, 67 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Indiana

Wayne Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price12%8%24%19%
Gone within two weeksShare of homes under contract within 14 days31%1%3%37%
Listings with a price cutShare of homes for sale that cut their price———33%
Price paid vs. askingAverage sale price ÷ list price95.1%93.3%96.5%97.7%
Days to sellMedian days from listing to contract38805135
Supply

131 homes for sale on a typical day

That’s 13 times the 2012 low (10), 28% fewer than in 2017–19 and well under 2015’s 226.

2012: 10 for sale’122013: 29 for sale2014: 184 for sale2015: 226 for sale’152016: 221 for sale2017: 196 for sale2018: 177 for sale’182019: 174 for sale2020: 154 for sale2021: 135 for sale’212022: 108 for sale2023: 108 for sale2024: 114 for sale’242025: 136 for saleLast 12 months: 131 for saleNow
Prices by type

Since 2019, houses are up 65%, condos 32%

A house typically sold for $155K in the last year (546 sales), a condo for $142K (9).

$50K$100K$150K$200K2013201520172019202120232025NowHouses 2013: $27K, 18 salesHouses 2014: $77K, 273 salesHouses 2015: $80K, 556 salesHouses 2016: $83K, 590 salesHouses 2017: $86K, 659 salesHouses 2018: $89K, 604 salesHouses 2019: $94K, 620 salesHouses 2020: $104K, 611 salesHouses 2021: $118K, 706 salesHouses 2022: $127K, 603 salesHouses 2023: $141K, 557 salesHouses 2024: $145K, 514 salesHouses 2025: $156K, 539 salesHouses last 12 months: $155K, 546 salesHouses $155KCondos 2014: $110K, 6 salesCondos 2015: $96K, 11 salesCondos 2016: $102K, 10 salesCondos 2017: $101K, 10 salesCondos 2018: $96K, 7 salesCondos 2019: $108K, 14 salesCondos 2020: $109K, 9 salesCondos 2021: $140K, 12 salesCondos 2022: $155K, 10 salesCondos 2023: $159K, 7 salesCondos 2024: $180K, 10 salesCondos 2025: $136K, 11 salesCondos last 12 months: $142K, 9 salesCondos $142K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 47374, 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 $873 a month

Mortgage
Property tax
Insurance
Rent

Price: Wayne Township’s typical sale, last 12 months. Property tax at Wayne Township’s 0.8% (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

63

New listings in July

The month with the most choice. January has the fewest, about 42.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $148K home, about $1,210 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Wayne Township
20 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

Richmond, Hagerstown and Connersville sell for less a square foot

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
Wayne Township (ZIP 47374)594$148K$11012%38
Richmond469$131K$10012%41
Connersville205$128K$9316%43
Centerville50$176K$12620%39
Arcanum43$208K$13523%48
Liberty26$191K$12023%28
Hagerstown22$130K$9823%42

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?

594 homes sold in the year to May 2026 at a typical $148K, $110 a square foot.

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

A seller’s market: 119 homes were for sale in May 2026 and 46 sold, about 2.6 months of supply. Buyers paid 95.1% 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 0.8% of a home’s value a year. On a $148K home that’s near $1,210.

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 47374, 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).