Waynesville

## Market Commentary

April brought a sharp uptick in activity to the Waynesville market, consistent with the beginning of PCS season when military families stationed at Fort Leonard Wood receive relocation orders and need to move quickly. Homes that hit the market well-priced are going under contract fast—averaging just 28 days compared to 88 days in March—and buyers are paying close to ask with a list-to-sale ratio near 99%. The median sold price jumped nearly 20% month-over-month to $292,450, which reflects both the seasonal demand surge and a likely shift in the mix of homes closing, with more move-in-ready properties and newer construction changing hands. With 35 homes currently pending and only 54 active listings, competition remains stiff for buyers, particularly those targeting properties in the Waynesville R-VI school district.

Inventory remains tight at just 2.45 months of supply, keeping this firmly in seller's market territory. New listings are coming on at a healthy pace—36 this month—but they're being absorbed quickly by motivated buyers working against PCS timelines. Sellers with updated homes in desirable locations continue to have the upper hand, while older inventory that hasn't kept pace with buyer expectations may sit longer as competition from new construction along the Highway 17 corridor gives buyers more options. If you're planning to sell this spring, now is the time to capitalize on the momentum, and if you're buying, be ready to move decisively when the right property hits the market.

April brought a significant jump in home prices in Waynesville, with the median sale price climbing nearly 20% to $292,450. Homes are moving quickly—averaging just 28 days on the market—and buyers are paying close to asking price at 98.9%. If you're house hunting here, especially during PCS season, be prepared to act fast and come in strong with your offer.

This is a solid seller's market with only 2.45 months of inventory available, meaning well-priced homes are attracting offers quickly. The 22 homes that sold this month moved in less than a month on average, and sellers are getting within 1% of their asking price. If you're thinking of listing in Waynesville, now is an excellent time—just make sure your home is priced competitively and shows well to stand out, especially if you're competing with newer construction.