60184, Wayne, IL

The 60184 zip code of Wayne, IL has a median home value of $101,000. This is lower than the Illinois median home value of $157,500. The 60184 zip code also has a lower percentage of homeownership than the Illinois average. This indicates that more homes are rented or owned by individuals or families who are not primarily responsible for paying mortgage or rent payments.

There are several factors that could contribute to the lower home values in the 60184 zip code of Wayne, IL. One possibility is that there may be fewer homes available for sale in this area due to low population growth rates and limited availability of land. Additionally, many homeowners in this area may be underwater on their mortgages and have difficulty selling their homes due to high levels of debt and negative equity. Finally, prices may be impacted by local economic conditions such as joblessness or inflation rates.