Altos Market Data for Realtors

Wayne, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com


Wayne, IL

Fri Apr 26 2024
This week the median list price for Wayne, IL is $1,320,000 with the market action index hovering around 33. This is an increase over last month's market action index of 26. Inventory has held steady at or around 5. Click here to stay informed with the Wayne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Wayne, IL

Fri Apr 26 2024
This week the median list price for Wayne, IL is $1,320,000 with the market action index hovering around 33. This is an increase over last month's market action index of 26. Inventory has held steady at or around 5. Click here to stay informed with the Wayne market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Wayne market.
Median List Price $1,320,000
Median Price of New Listings $750,000
Per Square Foot $244
Average Days on Market 90
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,195,000 8,400 5 - 10 acres 5 7.5 16 0 0 385
$1,995,900 5,685 2.5 - 5 acres 4 4.5 22 0 0 35
$1,320,000 6,527 5 - 10 acres 4 4.5 26 0 0 7
$774,500 3,551 1 - 2.5 acres 4 3.8 27 1 0 10