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Featured local agent — Wayne, IL
Sarah Mitchell
Compass Real Estate · Wayne, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wayne, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$899,900median sale price
How is the Wayne, IL housing market right now?
The median home sale price in Wayne, IL is $899,900, up 10.0% year-over-year. Homes sell in an average of 11 days with 10 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wayne a buyer's or seller's market?
Wayne, IL is currently a seller's market, based on 3.3 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
11
Fast-moving
Active listings
10
3.3 months supply
Sale-to-list
100.8%
Above asking
What does the Wayne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $899,900 |
| Median list price | $825,000 |
| Year-over-year price change | +10.0% |
| Average days on market | 11 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Listings with a price cut | 30.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wayne by property type?
How the Wayne, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $899,900 | $230/sq ft | 3 | 11 days |
Source: Redfin · Updated monthly
The Wayne housing market is currently classified as a seller's market with a median sale price of $899,900. Prices have risen 10.0% compared to last year, with homes spending an average of 11 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Wayne
There are currently 10 homes listed for sale in Wayne, Illinois. The median listing price is $825K.
Active listings
10
Homes on market
Median list price
$825K
Avg. days on market
11
Days until sale
New this week
3
Newly listed
Who lives in Wayne?
Population
2,284
Median income
$169,583/yr
Median age
50.6 years
Owner-occupied
94.3%
College grads
59.5%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Wayne?
Zillow home value
$788,826
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Wayne?
Wayne is a community of approximately 2K residents with a median age of 50.6 years.The median household income is $169,583, which reflects a relatively affluent area with strong earning potential. 59.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 94.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wayne offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wayne?
1 schools tracked · 363 students
The largest public schools serving Wayne, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wayne Elem School
Grades K-6 · 363 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wayne, IL?
Want a head-to-head view? Compare Wayne side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wayne?
The median home sale price in Wayne is $899,900, up 10.0% from last year.
How long do homes stay on market in Wayne?
Homes typically spend 11 days on market before going under contract.
What is the median income in Wayne?
The median household income is $169,583 per year.
Is Wayne a buyer's or seller's market?
With 3.3 months of supply, Wayne is currently a seller's market.
What is the Zillow home value estimate for Wayne?
The Zillow Home Value Index (ZHVI) for Wayne is $788,826, representing the typical home value in the area.
How much does a single-family home cost in Wayne?
The median single-family home price in Wayne, IL is $899,900 (about $230 per square foot).
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