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Foreclosure Homes in Wayland, MI

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Wayland, MI Foreclosures

How much do homes sell for in Wayland, MI?
The average home price is currently $383,331.
In Wayland, MI, how many homes are available?
There are currently 14 active home listings available in Wayland.
What’s the average rental cost in Wayland, MI?
The average rental price in Wayland is $1,568.
What is the most expensive home in Wayland?
The most expensive home sold in Wayland had a price of $2,477,670.
What is currently the cheapest priced home in Wayland, MI?
The cheapest home for sale in Wayland is priced at $28,330.

Living in Wayland, MI

Wayland, MI, is a picturesque small city with a strong sense of community and abundant outdoor activities. Known for its rural charm, residents enjoy access to beautiful parks and nature trails. With convenient amenities and a family-friendly atmosphere, Wayland offers a wonderful lifestyle for those seeking a serene yet connected environment.

Current Market Conditions in Wayland, MI

The real estate market in Wayland, MI, has shown significant growth over the past year, driven by increasing demand for housing and a limited supply of inventory. Home prices have risen steadily as more people are drawn to the area's appealing lifestyle, peaceful neighborhoods, and proximity to larger cities like Grand Rapids and Kalamazoo.

Currently, listings tend to sell quickly, often above the asking price, showcasing the area's popularity. The consistent influx of families and young professionals looking for affordable housing options has created a competitive market, making it an attractive opportunity for both buyers and investors.

Home Value Estimator For Wayland, MI

There are currently 3,935 real estate properties in Wayland, MI, with a median automated valuation model (AVM) price of $339,198.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wayland, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wayland, MI, is $383,331.00, with the most expensive house in Wayland, MI, topping out at $2,477,670.00 and the cheapest home in Wayland, MI, clocking in at $28,330.00. In other words, there’s something for every potential homebuyer or savvy investor in Wayland, MI!

Rent Prices In Wayland, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wayland, MI, is on a rollercoaster ride. The average rent price in Wayland, MI, is $1,568.00. Indeed, when looking to rent in Wayland, MI, you can expect to pay as little as $630.00 or as much as $2,740.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Wayland, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wayland, MI Foreclosures


Market Trend for Wayland, MI

Total Listings Available: 14

Market Values:

Home Prices from $28,330 to $2,477,670

Average Sales Price: $383,331

Rental Values:

Rental from $630 to $2,740

Average Rent Value: $1,568 / month

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