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Wayne, PA

Full City Profile · Pennsylvania · Montgomery County County

3.7 /5.0
B+ Good
6,902 Population 3,256/sq mi density
$143,981 Median Income $81,153 per capita
$664,900 Home Value $911,783 Zillow
$1,993 Median Rent 31.1% income on rent
55°F Avg Temperature 271 sunny days/yr
143 Violent Crime/100K 1,361 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$143,981 median income, 4.4% unemployment
A
Affordability
4.1 / 5.0
$664,900 home value, $1,993/mo rent
F
Safety
1.0 / 5.0
143 violent crimes/100K
A+
Education
5.0 / 5.0
72.6% bachelor's degree or higher

Housing Overview

Median Home Value
$664,900
136% above
US avg: $281,900
Median Rent
$1,993/mo
71% above
US avg: $1,163/mo
Homeownership Rate
59.5%
9% below US avg (65.4%)
Total Housing Units
2,816
Median year built: 1959

Home Value by Source

Census Median
$664,900
Zillow (ZHVI)
$911,783
Median Sale Price
$530,000
Median List Price
$737,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

59.5%
Owner-Occupied
40.5%
Renter-Occupied
60%
41%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$824/mo
1 Bedroom
$927/mo
2 Bedroom
$1,132/mo
3 Bedroom
$1,417/mo
4 Bedroom
$1,899/mo
Census median rent: $1,993/mo · Zillow rent: $1,962/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$291
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
59.5%

Complete Housing Data

Home Values

Census Median Value$664,900
Zillow Home Value (ZHVI)$911,783
Median Sale Price$530,000
Median List Price$737,450
Price Per Sq Ft$291

Rent

Census Median Rent$1,993
Zillow Rent (ZORI)$1,962
FMR Studio$824
FMR 1-Bedroom$927
FMR 2-Bedroom$1,132
FMR 3-Bedroom$1,417
FMR 4-Bedroom$1,899

Market

Days on Market39
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory5
Price Per Sq Ft$291

Ownership & Stock

Owner-Occupied59.5%
Renter-Occupied40.5%
Homeownership Rate59.5%
Total Housing Units2,816
Median Year Built1959
Rent Burden31.1%