Wayland, MA—01778
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wayland, MA
As of Oct '25, the median home price in Wayland, MA is $1,132,000, with a year-over-year change of 1.2%. This indicates that home prices in Wayland, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,132,000 | 1.2% |
| Single Family | $1,172,000 | 1.0% |
| Condos | $937,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $621,000 | 1.0% |
2 Bed | $862,000 | 0.8% |
3 Bed | $993,000 | 0.3% |
4 Bed | $1,331,000 | 1.8% |
| 5 Bed | $1,873,000 | 3.7% |
% of Housing Stock
Rental Trends — Wayland, MA
As of July '25, Rentcast reports the average rent in Wayland, MA is $3,870, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Wayland, MA is studios: $1,770, 1-bedrooms: $2,150, 2-bedrooms: $3,320, 3-bedrooms: $4,660, 4-bedrooms: $7,200. The most common rental property sizes in Wayland, MA are 2-bedroom and 1-bedroom, accounting for 39.4% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $3,870 |
| Studio Rent | $1,750 | $1,770 |
| 1 Bed Rent | $2,150 | $2,150 |
| 2 Bed Rent | $2,800 | $3,320 |
| 3 Bed Rent | $4,500 | $4,660 |
| 4 Bed Rent | $7,300 | $7,200 |
% of Rental Stock
Property Listings — Wayland, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wayland, MA is 35. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,090,000 | -6.0% |
Listing Count | 39 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 35 | 8.0% |
Demographics — Wayland, MA
As of the latest ACS Survey released in 2023, Wayland, MA has a population of 13,900, which has remained stable by -0.4% over the past 5 years. Wayland, MA is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 77.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | -0.4% |
% Under 18 | 25.0% | -5.3% |
% Seniors | 19.6% | 8.9% |
% WFH | 33.2% | 183.8% |
% w/ College Degree | 77.7% | -6.5% |
As of the latest ACS Survey released in 2023, Wayland, MA is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Wayland, MA is asian, making up 14.0% of the population. Foreign-born residents account for 18.3% of the population in Wayland, MA, and this percentage has increased by 31.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.8% | -7.9% |
% Black | 0.8% | 33.3% |
% Hispanic | 5.2% | 26.8% |
% Asian | 14.0% | 23.9% |
% Foreign Born | 18.3% | 31.7% |
Mortgage and Risk — Wayland, MA
According to HUD data as of 2023, there were 244 mortgage originations in Wayland, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Wayland, MA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Wayland, MA
As of 2024, the percent of homes in Wayland, MA under the Section 8 program is 6.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Wayland, MA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 174 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $2,150 | $2,570 |
| 2 Bedroom | $250 | $2,800 | $3,050 |
| 3 Bedroom | -$830 | $4,500 | $3,670 |
| 4 Bedroom | -$3,260 | $7,300 | $4,040 |
Affordability — Wayland, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $1,132,000 |
| Median Household Income | $220,000 |