Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$140,476+5.2% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$30,452About 0.5× the local median income ($62,202): affordable for a typical household
Days on market79 daysSlower than a year ago: buyers have time to negotiate
The typical home in Wayne County, IA is worth $140,476, up 5.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $121,848, so the area is 15.3% overvalued. It is a seller's market: homes take about 79 days to sell, listings are down 32% from a year ago, 0% of listings have had a price cut. A household needs about $30,452 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,202. In the latest IRS figures, 48 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$140,476
Change in 1 year
+5.2%
Overvalued %
+15.3%
Show 6 more
Fair home value
$121,848
Change in 5 years
+32.9%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$761
Income needed to afford it
$30,452
Property tax rate
1.36%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$927
Market activity
Listings vs a year ago
−32.0%
Days on market
79
Listings with a price cut
0.0%
Show 3 more
Homes for sale
17
Pending sales per 100 listings
41
Asking price per sq ft
$102
People and jobs
Median household income
$62,202
Population change (1 year)
+1.6%
Unemployment rate
2.9%
Show 4 more
Population
6,738
Income adjusted for cost of living
$73,962
Net moves in (IRS)
+48
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
22.0
Flood risk score
14.0
Show 3 more
Wildfire risk score
43.2
Walkability (1 to 20)
5.6
Road, rail and air noise
52 dB
Questions people ask
Is Wayne County, IA overvalued?
Home prices in Wayne County, IA are well above what local incomes have historically supported: fair value is about $121,848, so the area is 15.3% overvalued.
Is Wayne County, IA a buyer's or seller's market?
Wayne County, IA is a seller's market: homes take about 79 days to sell, listings are down 32% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Wayne County, IA?
Home values in Wayne County, IA are up 5.2% over the last year.
How much do you need to earn to buy a home in Wayne County, IA?
A household needs about $30,452 a year to afford the typical home in Wayne County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,202.