Is Wayland, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
Since last year, Wayland has remained a Seller's Market.
Key Takeaway
Wayland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Wayland, MI cost?
Median Sold Price
$209,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
+$16,500(+8.6%)
Key Takeaway
Homes in Wayland have sold for 8.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165.5K | $175K | +5.7% |
| 3 Bedrooms | $186.5K | $200K | +7.2% |
| 4 Bedrooms | $220K | $244K | +10.9% |
| 5+ Bedrooms | $341K | $232.4K | -31.8%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Hopkins Township | +34.5% |
| Wayland Township | +25.0% |
| Leighton Township | +24.3% |
| Wayland | +8.6% |
How many homes are available in Wayland, MI?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 12 | 7 | -41.7% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wayland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
