Waynesburg, OH 44688 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The neighborhood’s primary market indicator, median sold price = 197,000, signals recent transaction values near this level and should be treated as the representative recent sale benchmark for pricing decisions; up price momentum is indicated by broader trend data.
2. Liquidity appears slow given a median days on market = 269, which suggests longer listing-to-sale cycles and pricing friction — sellers may need to be patient or price opportunistically to match buyer expectations.
3. Relative valuation context is provided by the median price per square foot = 126 and a median market rent = 900, which together frame purchase vs. rental cost comparisons for investors and owner-occupiers without implying a specific yield; use these as local comparables when setting offers or rents.
4. Broader market forces show a neutral market temperature alongside elevated interest rate pressure, which may constrain affordability and supports conservative underwriting and longer sales timelines despite the up year-over-year price trend.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.