Valley Realty Associates Localized Market Report
Waynesboro, VA 22980
Single-Family Homes
"Impossible Becomes Possible With The Right People On Your Side"
Waynesboro, VA 22980
Wed Jul 02 2025
This week the median list price for Waynesboro, VA 22980 is $419,000 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has held steady at or around 69.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $419,000 | |
| Median Price of New Listings | $417,000 | |
| Per Square Foot | $210 | |
| Average Days on Market | 68 | |
| Median Days on Market | 42 | |
| Price Decreased | 20% | |
| Price Increased | 1% | |
| Relisted | 12% | |
| Inventory | 69 | |
| Median Rent | ||
| Market Action | 53 | |
| Strong Seller's Market | ||
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $675,000 | 3,085 | 0.5 - 1 acre | 4 | 3 | 29 | 2 | 2 | 45 |
| $470,000 | 2,117 | 0.25 - 0.5 acre | 3 | 2.5 | 3 | 4 | 0 | 28 |
| $375,000 | 1,917 | 0.25 - 0.5 acre | 3 | 2 | 17 | 3 | 4 | 63 |
| $290,000 | 1,253 | 4,500 - 6,500 sqft | 3 | 2 | 32 | 3 | 8 | 35 |