$10,000 Closing Credit*
$1,439,000
3,272 SqFt
4 Beds
•4 Full Baths
#73314546, Jason Saphire, Listing Office: www.HomeZu.com
Is Wayland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,039,500
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,500(+3.4%)
Key Takeaway
Homes in Wayland have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Wayland was $1,039,500 in October 2024, up 3.4% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $620K | +24.0% |
| 2 Bedrooms | $801K | $850K | +6.1% |
| 3 Bedrooms | $937.5K | $859K | -8.4% |
| 4 Bedrooms | $1.2M | $1.4M | +20.5% |
| 5+ Bedrooms | $1.7M | $1.8M | +4.2% |
Summary: Wayland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Sudbury | $1.0M | $1.1M | +10.6% |
| Framingham | $606.6K | $650K | +7.1% |
| Natick | $823.5K | $858K | +4.2% |
| Wayland | $1.0M | $1.0M | +3.4% |
| Weston | $2.2M | $2.2M | 0.0% |
Housing Supply in Wayland, MA
How many homes are available in Wayland, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 57 | +11.8% |
Summary: The Wayland real estate market had 57 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Wayland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wayland, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Wayland in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 39 Days | +15.2% |
Summary: Homes in Wayland had an average of 39 days on market in Oct 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wayland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Wayland; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
