The housing market in Wayne, NY is highly attractive due to its median value of $273,800, which is significantly lower than the US median value of $338,100. Over the past year, the house appreciation rate in Wayne, NY has been 7.27%, slightly lower than the US average of 8.27%. This makes it a great place for potential homeowners looking for a good deal or investors who are interested in reaping rewards from an appreciating real estate market. With its moderate cost of living and more affordable housing prices compared to other parts of the country, Wayne, NY is a great location for many.
The median home cost in Wayne is $273,800. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Wayne is up 12.7%.
Average Age of Homes
- The median age of Wayne real estate is 51 years old
The Rental Market in Wayne
- Renters make up 4.2% of the Wayne population
- 0.2% of houses and apartments in Wayne, 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.