Is Wayland, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wayland is a buyer's market

Buyer's
Market

Difference Since May 2021

At the same time last year, Wayland was a Seller's Market.

Key Takeaway

Wayland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Wayland, MA cost?

Median Sold Price

$955,000

$387/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$145,000(+17.9%)

Key Takeaway

Homes in Wayland have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $467.5K$637.5K
+36.4%
2 $655K$740K
+13.0%
3 $729K$851.5K
+16.8%
4 $940K$1.1M
+17.6%
5+ $1.6M$1.7M
+6.6%

Median Sold Price Compared To Nearby Cities

Weston
+32.4%
Sudbury
+29.9%
Wayland
+17.9%
Framingham
+16.6%
Natick
+8.2%

How many homes are available in Wayland, MA?

Number of Homes For Sale

Apr 2022May 2022%
5379+49.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 1518
+20.0%
3 1624
+50.0%
4 1426
+85.7%
5+ 811
+37.5%

Number of Homes Sold

Apr 2022May 2022%
1110-9.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wayland, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
31 Days17 Days-44.9%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wayland are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wayland, MA

Number of homes for sale in Wayland, MA real estate market have reached 79. The inventory of homes for sale in Wayland, MA between April 2022 and May 2022 increased by 49.1%. The median list price of listings available in May 2022 was $955,000, while the average time on the real estate market was 17 days. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 36.4% more expensive, prices of 2 bedrooms properties went up by 13%, the cost of 3 bedrooms properties went up by 16.8%, the cost of 4 bedrooms properties went up by 17.6%, prices of 5 bedrooms properties increased by 6.6%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 20%, number of 3 bedrooms homes increased by 50%, 4 bedrooms homes became 85.7% more available, volume of 5 bedrooms homes went up by 37.5%. Over 7 listings were sold over their listed price in May 2022 in Wayland, MA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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