Wayne, IL Housing Market & Real Estate

Buyer's market+135.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Wayne, IL is $1.90M, up 135.3% year-over-year. Homes sell in an average of 125 days with 5 active listings. The market is currently a buyer's market.

$1.90Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

125

Average pace

Active listings

5

5.0 months supply

Sale-to-list

95.0%

Below asking

Wayne, IL market data

Current housing market statistics for Wayne, IL
MetricValue
Median sale price$1.90M
Median list price$875,000
Year-over-year price change+135.3%
Average days on market125 days
Active inventory5 listings
Months of supply5.0 months
Sale-to-list price ratio95.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Wayne housing market is currently classified as a buyer's market with a median sale price of $1.90M. Prices have risen 135.3% compared to last year, with homes spending an average of 125 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Wayne

There are currently 5 homes listed for sale in Wayne, Illinois. The median listing price is $875K.

Active listings

5

Homes on market

Median list price

$875K

Avg. days on market

125

Days until sale

New this week

1

Newly listed

Price drops:20.0%of listings
Sale-to-list:95.0%

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Frequently asked questions

What is the average home price in Wayne?

The median home sale price in Wayne is $1.90M, up 135.3% from last year.

How long do homes stay on market in Wayne?

Homes typically spend 125 days on market before going under contract.

Is Wayne a buyer's or seller's market?

With 5.0 months of supply, Wayne is currently a buyer's market.

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