Wayne County, New York Housing Market Prices
Wayne County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 84% below the New York median Among the top 3 cheapest counties in New York$77,413
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Median rent 42% below the New York median$937
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wayne County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $77,413 | $471,885 | $248,835 |
| Price Trend (Annual %) | 0.1% | 7.1% | 7.5% |
| Median Gross Rent | $937 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wayne County is about 84% lower than in New York. Rent is about 42% lower than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Wayne County, up about 0.1% and 3.5% a year respectively. Rent is changing faster.
Median rent in Wayne County rose about 35.3% between 2015 and 2024, from $693 to $937. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Wayne County.
Buying the median-priced home in Wayne County costs roughly 6.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Wayne County. The price-to-rent ratio in New York is about 24.3.
| Metric | Wayne County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $77,413 | $471,885 | $248,835 |
| Median Household Income | $74,507 | $86,556 | $80,455 |
| Price-to-Income Ratio | 1.0 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wayne County fell about 11.2%, while median household income rose about 38.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Wayne County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.1% | 48.8% | 58.5% |
| Rental Rate | 18.2% | 41.1% | 31.2% |
| Vacancy Rate | 9.8% | 10.1% | 10.2% |
| Median Tenure (years) | 18.0 | 17.0 | 15.0 |
| Median Year Moved In | 2008 | 2009 | 2011 |
Wayne County has a homeownership rate of 72.1%, higher than the New York average of 48.8%. Its housing vacancy rate is 9.8%, compared with 10.1% in New York.
Housing Stock
| Metric | Wayne County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1967 | 1960 | 1978 |
| Median Number of Rooms | 6.2 | 5.0 | 5.5 |
The typical housing unit in Wayne County was built around 1967. On average, 2.3 people live in a home with about 6.2 rooms, staying for about 18.0 years on average.
Wayne County, NY Housing Compared With Nearby Counties
Wayne County, NY is the 3rd largest of the 4 counties compared here, 90,929 residents against a local median of 112,625. Wayne County, NY's median home price, at $77,413, runs 42% below the $133,854 typical of the counties around it.
Median rent tells the same story from another angle: $937 against a local median of $1,149, 18% below it. The counties themselves spread $77,255 on median home price, so Wayne County, NY sits at one end of an already wide local range rather than apart from it. Wayne County, NY has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wayne County, NY | 90,929 | $77,413 #4/4 | $937 #4/4 | 79.9% #1/4 |
| Ontario County, NY | 112,625 | $133,854 | $1,149 | 73.7% |
| Cayuga County, NY | 75,102 | $82,647 | $941 | 71.4% |
| Monroe County, NY | 753,564 | $159,902 | $1,172 | 63.7% |
Frequently Asked Questions
Common questions about the housing market in Wayne County, New York.
What is the median home price in Wayne County, New York?
The median home price in Wayne County, New York is $77,413, lower than the New York average of $471,885.
What is the average home price in Wayne County, New York?
The typical home price in Wayne County, New York, reported as the median sale price, is $77,413. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Wayne County, New York?
The median gross rent in Wayne County, New York is $937 per month, lower than the New York average of $1,621.
What was the median gross rent in Wayne County in 2020?
In 2020, the median gross rent in Wayne County, New York was $771 per month.
What is the price-to-rent ratio in Wayne County, New York?
The price-to-rent ratio in Wayne County, New York is about 6.9, meaning it would take roughly 6.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Wayne County.
Are home prices or rent rising faster in Wayne County, New York?
Both home prices and rent are rising in Wayne County, up about 0.1% and 3.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Wayne County, New York?
72.1% of households in Wayne County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Wayne County, New York?
The housing vacancy rate in Wayne County, New York is 9.8%, lower than the New York average of 10.1%.
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