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Wayne, IL Real Estate


According to census data in the year 2000 there were 716 housing units in Wayne. This represents a 29.9% growth from 551 in 1990.

Of those housing units, 683 were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.

Homeownership rate in Wayne is about 98.3%. Wayne's vacancy rate, including seasonal lodging, is about 2.2%. Average household size is 3 people.

The majority of houses, apartments or condos in Wayne were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.40%
Two Bedrooms8.40%
Three Bedrooms26.10%
Four Bedrooms42.50%
Five Bedrooms or more21.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1981
Median Value of occupied units$442,500
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1939
Median Monthly Rent asked for vacant units$188

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.80%
Home Equity Loan22.20%
Simple Mortgage59.30%
Debt Free17.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%