$10,000 Closing Credit*
$995,000
3,460 SqFt
5 Beds
•4 Full Baths, 1 Partial
Sarah A McAuliffe, Listing Office: Tru Agent Real Estate
Is Wayland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wayland was a Neutral Market.
Key Takeaway
Wayland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wayland, NY
How much do homes in Wayland, NY cost?
Median Sold Price
$151,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,900(-1.2%)
Key Takeaway
Homes in Wayland have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Wayland was $151,000 in October 2024, down 1.2% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $122.1K | +31.4% |
| 2 Bedrooms | $221K | $207.7K | -6.0% |
| 3 Bedrooms | $143.3K | $155K | +8.1% |
| 4 Bedrooms | $125K | $138K | +10.4% |
| 5+ Bedrooms | $184.9K | $151K | -18.4% |
Summary: Wayland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.4%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 18.4%.
Housing Supply in Wayland, NY
How many homes are available in Wayland, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Summary: The Wayland real estate market had 18 homes for sale in October 2024, a 21.7% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 5 | -50.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was 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 could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Wayland in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Wayland, NY
How long does it take to sell a home in Wayland, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 5 Days | -76.7% |
Summary: Homes in Wayland had an average of 5 days on market in Oct 2024, down by 76.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were 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, 4 homes were sold in Wayland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
