Is Waynesville, IL 61778 a buyer’s or seller’s market?
Waynesville is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Waynesville housing market right now
In the three months ending August 31, 2026, 100% of homes in Waynesville, IL 61778 sold above their list price, the typical home went under contract in 12 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within De Witt County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wapella 61777 (0% sold over asking) or Kenney 61749 (0% sold over asking).
Run the numbers for 61778
Nearby markets
Clinton 61727Seller’s market $93 /sq ftDewitt 61735Buyer’s market $222 /sq ftFarmer City 61842Seller’s market $127 /sq ftKenney 61749Seller’s market $131 /sq ft Browse all markets →Where Waynesville is
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Questions about Waynesville real estate
Is Waynesville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Waynesville, IL 61778 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Waynesville?
The typical home went under contract in 12 days in the latest three months.
Do homes in Waynesville sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Waynesville?
About 1.78% of a home’s value a year in De Witt County, or roughly $7,120 on a $400,000 home.
What is the median home price in Waynesville?
The median sale price was $40,482 in the three months ending August 31, 2026, about $31 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology