Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$173,653+6.5% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$37,644About 0.7× the local median income ($53,395): affordable for a typical household
Days on market58 daysAbout the same pace as a year ago
The typical home in Wayne County, IN is worth $173,653, up 6.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $132,399, so the area is 31.2% overvalued. It is a seller's market: homes take about 58 days to sell, listings are down 6% from a year ago, 19% of listings have had a price cut. A household needs about $37,644 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 $53,395. Typical rent is $901 a month. In the latest IRS figures, 191 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
$173,653
Change in 1 year
+6.5%
Overvalued %
+31.2%
Show 6 more
Fair home value
$132,399
Change in 5 years
+41.1%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$941
Income needed to afford it
$37,644
Property tax rate
0.81%
Rent and investing
Typical rent
$901
Price-to-rent ratio
16.1×
HUD Fair Market Rent, 2 bedrooms
$1,014
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Gross rental yield
6.23%
Cap rate (estimate)
4.05%
Market activity
Listings vs a year ago
−5.6%
Days on market
58
Listings with a price cut
19.4%
Show 3 more
Homes for sale
167
Pending sales per 100 listings
46
Asking price per sq ft
$121
People and jobs
Median household income
$53,395
Population change (1 year)
−0.3%
Unemployment rate
5.4%
Show 4 more
Population
66,169
Income adjusted for cost of living
$60,197
Net moves in (IRS)
+191
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
4.6
FEMA hazard risk score (0 to 100)
74.1
Flood risk score
79.7
Show 3 more
Wildfire risk score
20.7
Walkability (1 to 20)
6.9
Road, rail and air noise
52 dB
Questions people ask
Is Wayne County, IN overvalued?
Home prices in Wayne County, IN are well above what local incomes have historically supported: fair value is about $132,399, so the area is 31.2% overvalued.
Is Wayne County, IN a buyer's or seller's market?
Wayne County, IN is a seller's market: homes take about 58 days to sell, listings are down 6% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Wayne County, IN?
Home values in Wayne County, IN are up 6.5% over the last year.
How much do you need to earn to buy a home in Wayne County, IN?
A household needs about $37,644 a year to afford the typical home in Wayne County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,395.