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Wayne County, PA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$307,695+3.6% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$66,702About 1.0× the local median income ($67,672): affordable for a typical household
Days on market74 daysAbout the same pace as a year ago

The typical home in Wayne County, PA is worth $307,695, up 3.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $269,307, so the area is 14.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 74 days to sell, listings are up 12% from a year ago, 16% of listings have had a price cut. A household needs about $66,702 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 $67,672. In the latest IRS figures, 266 more people moved in than out.

Home value over time

$0K$100K$200K$300K1990200020102020
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$307,695
Change in 1 year+3.6%
Overvalued %+14.3%
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Fair home value$269,307
Change in 5 years+26.7%
Home value to income4.5×
Monthly mortgage payment (20% down)$1,668
Income needed to afford it$66,702
Property tax rate1.25%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,184

Market activity

Listings vs a year ago+11.6%
Days on market74
Listings with a price cut16.2%
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Homes for sale347
Pending sales per 100 listings33
Asking price per sq ft$208

People and jobs

Median household income$67,672
Population change (1 year)+0.7%
Unemployment rate6.0%
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Population51,703
Income adjusted for cost of living$74,941
Net moves in (IRS)+266
Cost of living (US = 100)90.3

Schools, risk and environment

School rating (1 to 10)8.3
FEMA hazard risk score (0 to 100)56.3
Flood risk score71.3
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Wildfire risk score20.1
Walkability (1 to 20)6.4
Road, rail and air noise54 dB

Questions people ask

Is Wayne County, PA overvalued?
Home prices in Wayne County, PA are well above what local incomes have historically supported: fair value is about $269,307, so the area is 14.3% overvalued.
Is Wayne County, PA a buyer's or seller's market?
Wayne County, PA is a balanced market, leaning toward buyers: homes take about 74 days to sell, listings are up 12% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Wayne County, PA?
Home values in Wayne County, PA are up 3.6% over the last year.
How much do you need to earn to buy a home in Wayne County, PA?
A household needs about $66,702 a year to afford the typical home in Wayne County, PA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,672.

Nearby and similar counties

ZIP codes in Wayne County (open on the map)

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