Waynesville

# Market Commentary

Waynesville's housing market entered May showing signs of early seasonal rhythm, with 35 new listings hitting the market and 34 homes closing during the month. While the median sold price dipped to $267,500—down about 8.5% from April—this shift reflects typical spring composition changes rather than softening demand. As PCS season ramps up and more military families begin their searches around Fort Leonard Wood, we're seeing a broader mix of inventory come to market, including more moderately priced homes that appeal to first-time buyers and those prioritizing the Waynesville R-VI school district. With homes still selling at 99.3% of list price and going under contract in under 50 days on average, buyer urgency remains strong even as inventory climbs modestly to 60 active listings.

The 1.76 months of supply confirms this is still very much a seller's market—anything under three months typically favors sellers—but the slight uptick in available homes gives buyers more options than they've had in recent months. That said, well-priced properties in desirable neighborhoods near the post gates continue to move quickly, often with multiple showings in the first week. The ongoing commercial expansion along Highway 17 and steady new construction activity point to Waynesville's long-term growth trajectory, though newer builds are creating healthy competition for older existing homes that haven't been updated. For sellers, pricing strategically and ensuring your home shows well remains critical. For buyers, especially those working within PCS timelines, being prepared to act decisively when the right property appears is still the name of the game.

The Waynesville market is still moving quickly, but there are early signs of a slight slowdown. Homes are taking about three weeks longer to sell than last month, and there are a few more options on the market now with 60 active listings. That said, buyers are still paying very close to asking price—99.3% on average—so this remains a competitive environment where well-priced homes near the fort or in the Waynesville R-VI school district won't last long.

Even with median prices dipping about 8.5% from last month, this is still very much a seller's market in Waynesville. With less than two months of inventory available, qualified buyers outnumber homes for sale, and most properties are selling at or near asking price within seven weeks. If your home is priced right and shows well—especially if it's move-in ready or located near Fort Leonard Wood gates—expect solid activity during PCS season.