Housing in Wayne City, IL is a great investment when considering the median value. According to the data given, the median value of a house in Wayne City is $95,100, which is significantly lower than the US House median value of $338,100. Additionally, the one-year appreciation in house values for Wayne City was recorded at 18.28%, more than double the US House appreciation rate of 8.27%. These figures portray a strong and steady housing market in Wayne City that encourages potential buyers to consider investing in the area.
The median home cost in Wayne City is $95,100. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Wayne City is up 11.3%.
Average Age of Homes
- The median age of Wayne City real estate is 50 years old
The Rental Market in Wayne City
- Renters make up 20.9% of the Wayne City population
- 0.0% of houses and apartments in Wayne City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.