Wayland Home Prices & Values

$640,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.9% 1-year change
  • -0.7% 1-year forecast

The median home value in Wayland is $640,700. Wayland home values have gone up 3.9% over the past year and Zillow predicts they will fall -0.7% within the next year. The median list price per square foot in Wayland is $324, which is higher than the Boston Metro average of $227. The median price of homes currently listed in Wayland is $675,000 while the median price of homes that sold is $708,412.

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 4.4

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 Jul 31, 2014
  • $640,700 ZHVI
  • -0.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $675,000 Median listing price
  • $708,412 Median sale price
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Wayland Market Health

Data through Jul 31, 2014
  • 4.8/10 Stable What's This?  
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    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 Name Median ZHVI Name Median ZHVI
Weston $1,296,900 Wellesley $1,074,800 Lincoln $936,800
Concord $760,600 Sudbury $673,900 Natick $443,800
Waltham $435,600 Framingham $328,100 Maynard $312,700

Listings & Sales

Data through Jul 31, 2014
  • $324 Median list price / sq ft
  • $325 Median sale price / sq ft
  • 34.7% Listings with price cut
10.8%
Sold below listing
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Wayland Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,782 Wayland
$2,091 Boston Metro
$1,318 United States
  • 5.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.57 Rent list price / sq ft
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