Wayne, IL—60184
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wayne, IL
As of Oct '25, the median home price in Wayne, IL is $754,000, with a year-over-year change of 6.5%. This indicates that home prices in Wayne, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $754,000 | 6.5% |
| Single Family | $755,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $647,000 | 5.4% |
4 Bed | $773,000 | 4.7% |
| 5 Bed | $947,000 | 5.1% |
% of Housing Stock
Rental Trends — Wayne, IL
As of July '25, Rentcast reports the average rent in Wayne, IL is $3,000, with a year-over-year rent change of 123.9%. Per bedroom, the median rent as of July '25 in Wayne, IL is 4-bedrooms: $3,000. The most common rental property sizes in Wayne, IL are 3-bedroom and 1-bedroom, accounting for 29.8% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,000 |
| 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 | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Wayne, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Wayne, IL is 113. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,520,000 | 177.0% |
Listing Count | 8 | 9.0% |
| Listings as % of Homes | 0.8% | 9.0% |
Days on Market | 113 | -22.0% |
Demographics — Wayne, IL
As of the latest ACS Survey released in 2023, Wayne, IL has a population of 2,280, which has decreased by -3.3% over the past 5 years. Wayne, IL is a moderately popular place for families, as children make up 16.4% of the population. The area has a highly educated workforce, with 59.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,280 | -3.3% |
% Under 18 | 16.4% | 7.9% |
% Seniors | 21.8% | 10.1% |
% WFH | 16.9% | 131.5% |
% w/ College Degree | 59.6% | 30.7% |
As of the latest ACS Survey released in 2023, Wayne, IL is a predominantly white area, with 75.6% of the population identifying as white. The white population has shrunk by 16.8% in the last 5 years. The second most common race or ethnicity in Wayne, IL is asian, making up 11.6% of the population. Foreign-born residents account for 19.3% of the population in Wayne, IL, and this percentage has increased by 27.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.6% | -16.8% |
% Black | 2.5% | ∞% |
% Hispanic | 5.3% | 211.8% |
% Asian | 11.6% | 56.8% |
% Foreign Born | 19.3% | 27.0% |
Mortgage and Risk — Wayne, IL
Wayne, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Wayne, IL
Wayne, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,820 |
| 2 Bedroom | N/A | N/A | $2,060 |
| 3 Bedroom | N/A | N/A | $2,650 |
| 4 Bedroom | $100 | $3,000 | $3,100 |
Affordability — Wayne, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $754,000 |
| Median Household Income | $170,000 |