Wayne County, TN Home Values & Market Trends

The median home price in Wayne County, TN is $130,742.44. There were 197 home sales in Wayne County, TN over the past 12 months. The median residential Wayne County, TN home value for transactions over the previous year is $79,695. The number of current listings in Wayne County, TN is 12, and the percentage of properties for sale is 12.00%. The county has 2 foreclosures, 1 bank owned properties, 1 headed for auction, and 12 properties for sale.

Wayne County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Clifton

$ 205,800

$ 139/sqft

Cypress Inn

$ --

$ --

Waynesboro

$ 108,822

$ 99/sqft

Collinwood

$ --

$ --

Lutts

$ 218,000

$ 145/sqft

Housing Market Summary for Wayne County, TN

Apr 2023March 2024Change
Median Listing Price$169K$142.9K-15.42%
Median Sold Price$128.6K$142.9K11.15%
Homes For Sale1110-9.09%
Homes Sold13081-37.69%
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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, TN

Wayne County, TN home values range from $8,055 to $1,548,400. Lutts is the priciest city with a median listing home price of $218,000, and Clifton is most affordable with average house prices of around $189,500.

Foreclosure
There are 5 cities within Wayne County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $81,176 in Clifton to the lowest value of $71,626 in Clifton. Foreclosure homes account for 0.00% of properties in Wayne County, TN with Clifton containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Wayne County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Wayne County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Wayne County, TN ranges from the highest value of $81,176 in Clifton to the lowest value of $81,176 in Clifton. Bank owned homes and properties account for 0.02% of properties in Wayne County, TN. There are 5 cities within Wayne County, TN; Clifton containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Clifton has 1 auction properties, the highest number of properties going to auction in a single city in the state of Wayne County, TN. Auction homes and other auction properties account for 0.02% of all properties in Wayne County, TN. There are 5 cities within Wayne County, TN; of those cities, the median estimated home value for homes going to auction ranges from $71,626 in Clifton to the lowest value of $71,626 in Clifton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Wayne County, TN with Waynesboro containing 7 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Wayne County, TN; homes for sale in those cities, have a range of median values from $218,000 in Lutts to the lowest value of $40,257 in Waynesboro.
    Sold Homes
    The median value for recently sold homes ranges from $411,201 in Cypress Inn to the lowest price of $27,270 in Cypress Inn. There are 5 cities within Wayne County, TN. Waynesboro has 54 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.95% of properties in Wayne County, TN.

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      Guide for Wayne County, TN

      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      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.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Recently Listed Homes Wayne County, TN

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