Is Wayne, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Wayne has remained a Neutral Market.
Housing Prices in Wayne, IL
How much do homes in Wayne, IL cost?
Median Sold Price
$684,500
$221/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Wayne was $684,500 in June 2024, down 57.6% from last month, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $927K | $684.5K | -26.2% |
5+ Bedrooms | $2.3M | - | N/A |
Summary: Wayne housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes did not change.
Housing Supply in Wayne, IL
How many homes are available in Wayne, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Summary: The Wayne real estate market had 14 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Wayne housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Wayne in June 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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 2024 | Jun 2024 | CHANGE |
---|---|---|
75 Days | 10 Days | -86.8% |
Summary: Homes in Wayne had an average of 10 days on market in Jun 2024, down by 86.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 2 homes were sold in Wayne; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.