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LOCAL

Wayne County home listings asked for more money in May – see the current median price here

USA TODAY Network

The median home in Wayne County listed for $342,450 in May, up 19.1% from the previous month's $287,450, an analysis of data from .

Compared to May 2023, the median home list price increased 28.3% from $267,000.

The statistics in this article only pertain to houses listed for sale in Wayne County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at .

Wayne County's median home was 2,143 square feet, listed at $161 per square foot. The price per square foot of homes for sale is up 22.8% from May 2023.

Listings in Wayne County moved briskly, at a median 18 days listed compared to the May national median of 44 days on the market. In the previous month, homes had a median of 29 days on the market. Around 82 homes were newly listed on the market in May, the same number of new listings from May 2023.

The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

In Ohio, median home prices were $298,750, a 0.1% increase from April. The median Ohio home listed for sale had 1,796 square feet, with a price of $164 per square foot.

Throughout the United States, the median home price was $442,450, a slight increase from the month prior. The median American home for sale was listed at 1,859 square feet, with a price of $233 per square foot.

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from . Please leave any feedback or corrections for this story . This story was written by Ozge Terzioglu.