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WAYLAND, MI 49348

Real Estate Market Report  ·  Allegan County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The WAYLAND, MI real estate market (49348) currently shows 55 active listings, with 22 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 34 days last year.

The median listing price has risen 9.9% year-over-year, from $443,700 to $487,413.

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Market Context

Market Context

Population: 13,280  ·  Density: 78.0/mi²  ·  Median household income: $76,020

Typical home value: $233,406  ·  Homeownership: 79.4%

Market Overview

Active Listings
55
⇧ 57.1% vs 35 last year
Pending
22
40% pending ratio
Median Price
$487,413
⇧ 9.9% vs $443,700 last year
Average Price
$559,450
⇩ 3.2% vs $577,845 last year
Days on Market
41
⇧ 20.6% vs 34 days last year

Price Per Square Foot

Median $/sqft
$232
⇧ 6.4% vs $218/sqft last year
Median Home Size
1,828 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 35 last year
  • Days on market: 41 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $487,413 (+9.9% YoY)
  • Average: $559,450 (-3.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.4 miles — 454 listings ($225,960,227 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49348Wayland, MI 493480.0 mi23$10,936,799$372,450$475,513
49333Middleville, MI 493337.8 mi27$15,145,893$463,725$560,959
49316Caledonia, MI 493168.4 mi75$43,635,750$527,150$581,810
49070Martin, MI 490709.9 mi2$908,300$485,000$454,150
49548Grand Rapids, MI 4954812.9 mi44$11,252,560$247,425$255,740
49512Grand Rapids, MI 4951214.1 mi56$20,418,104$348,652$364,609
49509Wyoming, MI 4950915.3 mi29$6,677,627$251,475$230,263
49418Grandville, MI 4941815.5 mi68$35,862,044$431,475$527,383
49046Delton, MI 4904616.1 mi21$9,901,353$349,900$471,493
49010Allegan, MI 4901016.7 mi45$22,759,065$356,250$505,757
49325Freeport, MI 4932516.8 mi4$1,950,900$487,725$487,725
49546Grand Rapids, MI 4954617.4 mi42$36,699,474$572,950$873,797
49419Hamilton, MI 4941918.4 mi18$9,812,358$561,200$545,131

Frequently Asked Questions

How many homes are for sale in WAYLAND, MI 49348?

As of September 2026, there are 55 active listings in WAYLAND, MI (zip code 49348), compared to 35 the prior year.

What is the median home price in WAYLAND, MI 49348?

The median listing price in WAYLAND, MI 49348 is $487,413 as of September 2026, a 9.9% increase from $443,700 the prior year.

How long do homes stay on the market in WAYLAND, MI?

Homes in WAYLAND, MI 49348 spend an average of 41 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in WAYLAND, MI 49348?

Based on current inventory and days-on-market data as of September 2026, WAYLAND, MI 49348 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 34 days last year.

How much can I save on real estate commission in WAYLAND, MI?

With SELL123.com's maximum 3% commission, sellers in WAYLAND, MI 49348 save an estimated $9,748 compared to a typical 5% commission on the median listing price of $487,413. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.