Waynesburg, OH 44688 Real Estate Market Report

ZIP Code: 44688
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Waynesburg, OH are averaging 6.4%, which remains elevated compared to historical lows, indicating that property owners who secured rates below this threshold are holding favorable financing.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood's primary indicator, the median sold price, is 174,500, which aligns with observed price appreciation and is supported by a up price year-over-year trend, indicating transaction-level strength in valuations.

2. The market shows slower sales velocity with a median days on market of 317, which may indicate pricing friction or extended negotiation windows rather than outright market failure; expect moderate liquidity conditions as sellers and buyers reconcile expectations.

3. Relative valuation signals show a median price per square foot of 139 alongside a median market rent of 900, and with rent year-over-year trending up, rental demand appears to be strengthening even as pricing remains measured.

4. Market balance is broadly neutral—market temperature is reported as neutral—but interest rate pressure is moderate; Current 30-year fixed mortgage rates in Waynesburg, OH are averaging 6.4%, which remains elevated compared to historical lows, indicating that property owners who secured rates below this threshold are holding favorable financing.

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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.