The housing market in Wayland, MI is very strong. The median value for a home in Wayland is $272,600, which is significantly lower than the US median of $338,100. This presents a great opportunity for potential buyers looking to purchase a home in the area. Additionally, the appreciation of homes in Wayland has outpaced the national average over the past year at 12.54%. This means that homeowners are seeing significant gains on their investments and that the housing market is likely to remain relatively strong in the near-term future.
The median home cost in Wayland is $272,600. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Wayland is up 16.2%.
Average Age of Homes
- The median age of Wayland real estate is 34 years old
The Rental Market in Wayland
- Renters make up 32.7% of the Wayland population
- 0.0% of houses and apartments in Wayland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.