Is Wayland, MI 49348 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wayland is a seller’s market. With about 2.1 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.1Under 4 months = seller’s market
Sold above original list38.8%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market8Listing to accepted offer
Median price per sq ft$206▼ −1.9% vs. last year

Nearby markets

Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftDouglas 49406Balanced $426 /sq ftFennville 49408Seller’s market $264 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology