Wayne, WV—25570
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wayne, WV
As of Oct '25, the median home price in Wayne, WV is $124,000, with a year-over-year change of -5.1%. This indicates that home prices in Wayne, WV are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | -5.1% |
| Single Family | $124,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $94,000 | -10.5% |
3 Bed | $136,000 | -3.5% |
4 Bed | $179,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wayne, WV
Wayne, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wayne, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Wayne, WV is 66. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $212,000 | -10.0% |
Listing Count | 17 | 96.0% |
| Listings as % of Homes | 0.4% | 96.0% |
Days on Market | 66 | 28.0% |
Demographics — Wayne, WV
As of the latest ACS Survey released in 2023, Wayne, WV has a population of 6,080, which has remained stable by 0.9% over the past 5 years. Wayne, WV is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,080 | 0.9% |
% Under 18 | 23.6% | 7.3% |
% Seniors | 25.2% | 8.6% |
% WFH | 3.5% | -27.1% |
% w/ College Degree | 13.4% | 8.1% |
As of the latest ACS Survey released in 2023, Wayne, WV is a predominantly white area, with 97.9% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Wayne, WV is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.0% of the population in Wayne, WV, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.9% | -1.1% |
% Black | 0.3% | 200.0% |
% Hispanic | 1.0% | 11.1% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Wayne, WV
According to HUD data as of 2023, there were 98 mortgage originations in Wayne, WV, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Wayne, WV. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Wayne, WV
Wayne, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 252 |
Total Units Section 8 | 240 |
% Rentals under Section 8 | 54.0% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Wayne, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $124,000 |
| Median Household Income | $45,600 |