Zip 62895 (Wayne City, IL) Housing

The housing situation in 62895 Wayne City, IL is much more favorable than the national average. The median value of a house in 62895 Wayne City, IL is $91,800, much lower than the US median value of $338,100. Furthermore, while the US 1 year House Appreciation rate is only 8.27%, the appreciation rate for homes in 62895 Wayne City, IL is 18.28%. This makes it an attractive prospect for potential home buyers looking for a good deal in the area.

The median home cost in Wayne City (zip 62895) is $91,800. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Wayne City (zip 62895) is up 11.3%.

Average Age of Homes

- The median age of Wayne City (zip 62895) real estate is 48 years old

The Rental Market in Wayne City (zip 62895)

- Renters make up 16.5% of the Wayne City (zip 62895) population
- 0.0% of houses and apartments in Wayne City (zip 62895), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wayne City, Illinois	United States
	885.0	139,647,020.0
	44	42
	$91,800	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$14.79	$10.98
	$1,349	$2,690
	74.1%	57.4%
	9.0%	11.2%
	16.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	8.1%	4.1%
Value of Owner-Occupied Housing
	6.7%	2.6%
	5.8%	2.4%
	14.6%	2.8%
	12.3%	3.9%
	16.3%	4.5%
	26.5%	11.3%
	8.8%	13.0%
	7.2%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.9%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	15.8%	13.6%
	14.6%	13.2%
	11.8%	14.8%
	15.8%	13.6%
	14.9%	10.0%
	7.3%	4.7%
	12.5%	12.2%

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