Is Waynetown, IN 47990 a buyer’s or seller’s market?
Waynetown is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Waynetown housing market right now
In the three months ending August 31, 2026, 0% of homes in Waynetown, IN 47990 sold above their list price, the typical home went under contract in 3 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (6 days then) and the median sale price fell 56% to $89,861. Overall, Waynetown is less competitive than a year ago, which gives buyers more room.
Within Montgomery County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Linden 47955 (71% sold over asking) and Wingate 47994 (50% sold over asking) are even more competitive.
Run the numbers for 47990
Nearby markets
Crawfordsville 47933Seller’s market $137 /sq ftDarlington 47940Seller’s market $157 /sq ftLadoga 47954Seller’s market $140 /sq ftLinden 47955Seller’s market $158 /sq ft Browse all markets →Towns like Waynetown nearby
Find towns like Waynetown in other states →Where Waynetown is
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Questions about Waynetown real estate
Is Waynetown a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Waynetown, IN 47990 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Waynetown?
The typical home went under contract in 3 days in the latest three months.
Do homes in Waynetown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Waynetown?
About 0.65% of a home’s value a year in Montgomery County, or roughly $2,600 on a $400,000 home.
What is the median home price in Waynetown?
The median sale price was $89,861 in the three months ending August 31, 2026, about $81 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology