Wayland, NY—14572
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wayland, NY
As of Oct '25, the median home price in Wayland, NY is $160,000, with a year-over-year change of 1.1%. This indicates that home prices in Wayland, NY are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | 1.1% |
| Single Family | $160,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | 0.0% |
3 Bed | $164,000 | 0.6% |
4 Bed | $168,000 | 0.0% |
| 5 Bed | $196,000 | 3.7% |
% of Housing Stock
Rental Trends — Wayland, NY
Wayland, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wayland, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Wayland, NY is 55. This is a increase of 16.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | 53.0% |
Listing Count | 17 | -23.0% |
| Listings as % of Homes | 0.3% | -23.0% |
Days on Market | 55 | 16.0% |
Demographics — Wayland, NY
As of the latest ACS Survey released in 2023, Wayland, NY has a population of 4,740, which has decreased by -3.4% over the past 5 years. Wayland, NY is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,740 | -3.4% |
% Under 18 | 27.0% | 37.1% |
% Seniors | 15.9% | -14.5% |
% WFH | 4.1% | 28.1% |
% w/ College Degree | 18.0% | 16.1% |
As of the latest ACS Survey released in 2023, Wayland, NY is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Wayland, NY is hispanic, making up 3.8% of the population. Foreign-born residents account for 0.5% of the population in Wayland, NY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.5% | -6.0% |
% Black | 0.6% | 0.0% |
% Hispanic | 3.8% | 216.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | 0.0% |
Mortgage and Risk — Wayland, NY
According to HUD data as of 2023, there were 57 mortgage originations in Wayland, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Wayland, NY. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Wayland, NY
Wayland, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 9.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Wayland, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $160,000 |
| Median Household Income | $68,100 |