Wayland, IA—52654
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wayland, IA
Wayland, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 1.1% |
| Single Family | $200,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $140,000 | -1.4% |
3 Bed | $193,000 | 1.0% |
4 Bed | $233,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wayland, IA
Wayland, IA 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, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wayland, IA is 85. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | 90.0% |
Listing Count | 5 | 13.0% |
| Listings as % of Homes | 0.7% | 13.0% |
Days on Market | 85 | -60.0% |
Demographics — Wayland, IA
As of the latest ACS Survey released in 2023, Wayland, IA has a population of 1,890, which has increased by 20.1% over the past 5 years. Wayland, IA is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,890 | 20.1% |
% Under 18 | 23.0% | -8.4% |
% Seniors | 15.3% | -18.6% |
% WFH | 5.3% | 20.5% |
% w/ College Degree | 23.7% | 17.3% |
As of the latest ACS Survey released in 2023, Wayland, IA is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Wayland, IA is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.1% of the population in Wayland, IA, and this percentage has decreased by 95.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -2.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -89.2% |
% Asian | 0.1% | -90.9% |
% Foreign Born | 0.1% | -95.5% |
Mortgage and Risk — Wayland, IA
According to HUD data as of 2023, there were 51 mortgage originations in Wayland, IA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Wayland, IA. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Wayland, IA
Wayland, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Wayland, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $199,000 |
| Median Household Income | $81,700 |