Wayne City, IL 62895 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wayne City, IL—62895

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$143,000

14.4% YoY Growth

Household Income

$53,300

10.9% YoY Growth

Days on Market

52.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Wayne City, IL

Wayne City, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$143,000	14.4%
Single Family	$143,000	17.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Wayne City, IL

Wayne City, IL 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

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% of Rental Stock

1 Bedroom

13.5%

2 Bedrooms

36.8%

3 Bedrooms

48.0%

4 Bedrooms

1.8%

Property Listings — Wayne City, IL

As of May '26, Realtor.com reports that the median days on market for a home in Wayne City, IL is 80. This is a decrease of -52.0% 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	$128,000	46.0%
Listing Count	4	-24.0%
Listings as % of Homes	N/A	-24.0%
Days on Market	80	-52.0%

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Demographics — Wayne City, IL

As of the latest ACS Survey released in 2023, Wayne City, IL has a population of 2,090, which has increased by 3.1% over the past 5 years. Wayne City, IL is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,090	3.1%
% Under 18	19.9%	-18.8%
% Seniors	24.9%	1.2%
% WFH	6.9%	-6.8%
% w/ College Degree	16.4%	26.2%

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Wayne City, IL lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	97.8%	0.1%
% Black	0.0%	N/A
% Hispanic	0.0%	-100.0%
% Asian	0.0%	N/A
% Foreign Born	0.0%	N/A

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Mortgage and Risk — Wayne City, IL

According to HUD data as of 2023, there were 14 mortgage originations in Wayne City, IL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wayne City, IL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	14
% Conventional Loans	57.0%
% Government Loans	43.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

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Rentals and Section 8 — Wayne City, IL

Wayne City, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	41
Total Units Section 8	11
% 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	$750
2 Bedroom	N/A	N/A	$970
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,390

Wayne City, IL—62895

Key Metrics at a Glance

Home Price Trends — Wayne City, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wayne City, IL

% of Rental Stock

Property Listings — Wayne City, IL

Demographics — Wayne City, IL

Race and Ethnicity

Mortgage and Risk — Wayne City, IL

Mortgages

Rentals and Section 8 — Wayne City, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wayne City, IL

Home Price to Income Ratio

Wayne City, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Piopolis, IL

Keenesville, IL

Bluford, IL

Springerton, IL

Belle Rive, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	$143,000
Median Household Income	$53,300

Wayne City, IL—62895

Key Metrics at a Glance

Home Price Trends — Wayne City, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wayne City, IL

% of Rental Stock

Property Listings — Wayne City, IL

Demographics — Wayne City, IL

Race and Ethnicity

Mortgage and Risk — Wayne City, IL

Mortgages

Rentals and Section 8 — Wayne City, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wayne City, IL

Home Price to Income Ratio

Wayne City, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Piopolis, IL

Keenesville, IL

Bluford, IL

Springerton, IL

Belle Rive, IL

Frequently Asked Questions

What is the average home price in Wayne City, IL 62895?

How have home prices in Wayne City, IL 62895 changed over the past year?

What is the home price projection for Wayne City, IL 62895?

What are the demographics of Wayne City, IL 62895?

How long does it take homes to sell in Wayne City, IL 62895?

What is the average rent price in Wayne City, IL 62895?