Is Wayne, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wayne is a seller's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Wayne was a Buyer's Market.

Key Takeaway

Wayne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Wayne, IL cost?

Median Sold Price

$643,500

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$68,500(+11.9%)

Key Takeaway

Homes in Wayne have sold for 11.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $185.5K$550K
+196.5%
2 $417.5K$450K
+7.8%
3 $390K$480K
+23.1%
4 $560K$633.5K
+13.1%
5+ $857.5K$875K
+2.0%

Median Sold Price Compared To Nearby Cities

Wayne
+11.9%
Saint Charles
+11.1%
Bartlett
+10.7%
Saint Charles Township
+8.4%
Wayne Township
+6.3%

How many homes are available in Wayne, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
13130.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 10
-100.0%
3 00
0.0%
4 1011
+10.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayne, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days9 Days-70.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wayne are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wayne, IL

Wayne, IL has 13 homes on the market. In November 2022 median list price was $643,500 and the average listing age was 9 days. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties prices increased by 196.5%, the cost of 2 bedrooms properties went up by 7.8%, 3 bedrooms properties prices increased by 23.1%, 4 bedrooms properties became 13.1% more expensive, the cost of 5 bedrooms properties went up by 2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 100%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 10%, number of 5 bedrooms homes remained the same. In November 2022 more than 0 listings in Wayne, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.

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