Is Wayne, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wayne was a Neutral Market.
Housing Prices in Wayne, IL
How much do homes in Wayne, IL cost?
Median Sold Price
$730,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wayne was $730,000 in May 2024, up 12.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $377.5K | $676K | +79.1% |
3 Bedrooms | $565K | $700.7K | +24.0% |
4 Bedrooms | $650K | $727.5K | +11.9% |
5+ Bedrooms | $950K | $972.5K | +2.4% |
Summary: Wayne housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.1%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Wayne | $650K | $730K | +12.3% |
Wayne Township | $342.6K | $379.6K | +10.8% |
Saint Charles Township | $415K | $441K | +6.3% |
Bartlett | $350K | $370.3K | +5.8% |
Saint Charles | $377.1K | $393.6K | +4.4% |
Housing Supply in Wayne, IL
How many homes are available in Wayne, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Wayne real estate market had 14 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 1 | -75.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Wayne housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Wayne in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wayne, IL
How long does it take to sell a home in Wayne, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
195 Days | 127 Days | -34.9% |
Summary: Homes in Wayne had an average of 127 days on market in May 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Wayne; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.