Home Values

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

$637,300

  • 1.7% 1-year change
  • -0.8% 1-year forecast

The median home value in Wayland is $637,300. Wayland home values have gone up 1.7% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Wayland is $313, which is higher than the Boston Metro average of $224. The median price of homes currently listed in Wayland is $720,000 while the median price of homes that sold is $619,100.

Foreclosures will be a factor impacting home values in the next several years. In Wayland 1.3 homes are foreclosed (per 10,000). This is lower 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 Wayland is 5.7%, 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 Wayland homeowners underwater on their mortgage is 3.1%, which is lower than Boston Metro at 10.6%.

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Relative ZHVI
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Wayland Market Overview

Data through Sep 30, 2014
  • $637,300 ZHVI
  • -0.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $720,000 Median listing price
  • $619,100 Median sale price (Aug 31, 2014)
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Wayland Market Health

Data through Sep 30, 2014
  • 2.9/10 Less 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
  • 3.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Weston $1,303,800
Wellesley $1,109,100
Lincoln $945,600
Name Median ZHVI
Concord $775,100
Sudbury $669,700
Natick $443,600
Name Median ZHVI
Waltham $432,500
Framingham $327,400
Maynard $312,300

Listings & Sales

Data through Sep 30, 2014
  • $313 Median list price / sq ft
  • $300 Median sale price / sq ft (Aug 31, 2014)
  • 40.2% Listings with price cut
11.6%
Sold below listing
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Wayland Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,853 Wayland
    $2,131 Boston 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

  • 3.1 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
  • $1.64 Rent list price / sq ft
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