$10,000 Closing Credit*
$900,000
1,884 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73308090, Aimee Siers, Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
Is Wayland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Wayland, MA
How much do homes in Wayland, MA cost?
Median Sold Price
$1,052,500
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$67,550(+6.9%)
Key Takeaway
Homes in Wayland have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Wayland was $1,052,500 in September 2024, up 6.9% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $525K | $655K | +24.8% |
| 2 Bedrooms | $742.5K | $889.9K | +19.9% |
| 3 Bedrooms | $902.5K | $859K | -4.8% |
| 4 Bedrooms | $1.1M | $1.4M | +26.7% |
| 5+ Bedrooms | $1.8M | $1.8M | +1.2% |
Summary: Wayland housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes increased by 19.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Sudbury | $1.0M | $1.1M | +9.4% |
| Framingham | $600.8K | $650K | +8.2% |
| Wayland | $984.9K | $1.0M | +6.9% |
| Natick | $800.1K | $850K | +6.2% |
| Weston | $2.2M | $2.2M | -0.6% |
Housing Supply in Wayland, MA
How many homes are available in Wayland, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 49 | 50 | +2.0% |
Summary: The Wayland real estate market had 50 homes for sale in September 2024, a 2.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 12 | +100.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Wayland housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wayland, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wayland in September 2024, down by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Wayland, MA
How long does it take to sell a home in Wayland, MA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | +0.9% |
Summary: Homes in Wayland had an average of 34 days on market in Sep 2024, up by 0.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wayland has remained consistent over time.
Summary: During September 2024, 9 homes were sold in Wayland; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
