Wayne County Housing Market Report April 2025•Wayne County, Tennessee

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Housing Prices in Wayne County, TN

How much do homes in Wayne County, TN cost?

Housing Market Conditions

Is Wayne County, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Wayne County is a Buyer's Market

Difference Since March 2025

Last month, Wayne County has remained a Buyer's Market.

Insight

Wayne County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$239,900$156/SqFt
+$34,900
+17.0%

Based on all homes sold in April 2025

Insight

Homes in Wayne County have sold for 17% more than they did a month ago.

Summary: The median home sold price in Wayne County was $239,900 in April 2025, up 17% from last month, and the median price per square foot was $156.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Hardin County
+59.9%
Wayne County
+17.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2-$185K
N/A
3-$267.4K
N/A
4$230K-
N/A
5$180K-
N/A

Summary: Wayne County housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Wayne County, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Wayne County, TN

Housing supply in Wayne County, TN

How many homes are available in Wayne County, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
50Last MonthApr 2025
412 months agoMar 2025
+22.0 %
Change MoMMar – Apr

Summary: The Wayne County real estate market had 50 homes for sale in Apr 2025, a 22.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
42 months agoMar 2025
+25.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
133
0.0%
289
+12.5%
31421
+50.0%
468
+33.3%
5109
-10.0%

Summary: Wayne County housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes decreased by -10.0%.

Asking Price vs. Sold Price

How much do homes in Wayne County, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Wayne County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Wayne County in April 2025, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Wayne County, TN

How long does it take to sell a home in Wayne County, TN?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days3 Homes

Insight

Most homes in Wayne County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 5 homes were sold in Wayne County; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
133 DaysLast MonthApr 2025
69 Days1 month agoMar 2025
+93.5 %
Change MoMMar – Apr

Summary: Homes in Wayne County had an average listing age of 133 days in Apr 2025, up by 93.5% compared to the previous month.

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Newest Listings in Wayne County, TN

What homes are available in Wayne County, TN?

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Memphis MLS for the period 03/01/2025 - 05/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:18:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.