Home Values

Town of Wayland Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$88,900

  • 12.1% 1-year change
  • None 1-year forecast

The median home value in Town of Wayland is $88,900. Town of Wayland home values have gone up 12.1% over the past year. The median price of homes currently listed in Town of Wayland is $89,499.

Foreclosures will be a factor impacting home values in the next several years. In Town of Wayland 6.3 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Wayland is 5.3%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Wayland homeowners underwater on their mortgage is 14.5%.

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Relative ZHVI
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Town of Wayland Market Overview

Data through Sep 30, 2014
  • $88,900 ZHVI
  • No data 1-yr forecast
  • $89,499 Median listing price (Jul 31, 2014)
  • No data Median sale price
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Town of Wayland Market Health

Data through Sep 30, 2014
  • 9.8/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 14.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.3 homes(Aug 31, 2014) Town of Wayland
4 homes United States
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Nearby Cities

Name Median ZHVI
Conesus $128,700
Hornellsville $99,200
Springwater $80,800
Name Median ZHVI
Town of Avoca $74,000
Dansville $71,400
Town of Cohocton $69,700

Listings & Sales

Data through Jul 31, 2014
  • $59 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.0% Listings with price cut
21.4%
Sold below listing
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Town of Wayland Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,446 Town of Wayland
    $1,454 Corning Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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