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Foreclosure Homes in Wayne City, IL 62895

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Wayne City, IL Foreclosures

How much do homes sell for in Wayne City, IL?
The average home price is currently $121,918.
In Wayne City, IL, how many homes are available?
There are currently 4 active home listings available in Wayne City.
What’s the average rental cost in Wayne City, IL?
The average rental price in Wayne City is $1,018.
What is the most expensive home in Wayne City?
The most expensive home sold in Wayne City had a price of $499,437.
What is currently the cheapest priced home in Wayne City, IL?
The cheapest home for sale in Wayne City is priced at $10,260.

Living in Wayne City, IL

Wayne City, IL, is a charming rural community known for its serene lifestyle, friendly neighbors, and commitment to education. Its local amenities offer the convenience of modern living while preserving the tranquility of small-town life. Enjoy outdoor activities in local parks and connect with the community at various events throughout the year.

Current Market Conditions in Wayne City, IL

The real estate market in Wayne City is stable with a modest growth trend observed in recent months. Homes typically appeal to families and retirees looking for a peaceful environment away from the hustle of urban areas.

With its affordable housing and a close-knit community, Wayne City has attracted a mix of young families, retirees, and those looking for second homes. As demand increases, home prices have seen a slight uplift, reflecting the area's desirability.

Home Value Estimator For Wayne City, IL

There are currently 453 real estate properties in Wayne City, IL, with a median automated valuation model (AVM) price of $103,396.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wayne City, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wayne City, IL, is $121,918.00, with the most expensive house in Wayne City, IL, topping out at $499,437.00 and the cheapest home in Wayne City, IL, clocking in at $10,260.00. In other words, there’s something for every potential homebuyer or savvy investor in Wayne City, IL!

Rent Prices In Wayne City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wayne City, IL, is on a rollercoaster ride. The average rent price in Wayne City, IL, is $1,018.00. Indeed, when looking to rent in Wayne City, IL, you can expect to pay as little as $570.00 or as much as $1,830.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Wayne City, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wayne City, IL 62895 Foreclosures


Market Trend for Wayne City, IL

Total Listings Available: 4

Market Values:

Home Prices from $10,260 to $499,437

Average Sales Price: $121,918

Rental Values:

Rental from $570 to $1,830

Average Rent Value: $1,018 / month

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