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Wayland, MI
Full City Profile · Michigan · Barry County County
3.3
/5.0
B
Good
4,430
Population
1,497/sq mi density
$71,797
Median Income
$35,170 per capita
$201,200
Home Value
$328,791 Zillow
$1,085
Median Rent
28.8% income on rent
47°F
Avg Temperature
261 sunny days/yr
328
Violent Crime/100K
1,358 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$71,797 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$201,200 home value, $1,085/mo rent
F
Safety
1.0 / 5.0
328 violent crimes/100K
B
Education
3.0 / 5.0
25.6% bachelor's degree or higher
Housing Overview
Median Home Value
$201,200
29% below
US avg: $281,900
Median Rent
$1,085/mo
7% below
US avg: $1,163/mo
Homeownership Rate
69.8%
7% above US avg (65.4%)
Total Housing Units
1,832
Median year built: 1982
Home Value by Source
Census Median
$201,200
Zillow (ZHVI)
$328,791
Median Sale Price
$302,500
Median List Price
$181,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.8%
Owner-Occupied
30.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,085/mo
· Zillow rent:
$1,488/mo
Market Indicators (Redfin)
Median Days on Market
92 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
69.8%
Complete Housing Data
Home Values
| Census Median Value | $201,200 |
| Zillow Home Value (ZHVI) | $328,791 |
| Median Sale Price | $302,500 |
| Median List Price | $181,000 |
| Price Per Sq Ft | $170 |
Rent
| Census Median Rent | $1,085 |
| Zillow Rent (ZORI) | $1,488 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 92 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 4 |
| Active Inventory | 3 |
| Price Per Sq Ft | $170 |
Ownership & Stock
| Owner-Occupied | 69.8% |
| Renter-Occupied | 30.2% |
| Homeownership Rate | 69.8% |
| Total Housing Units | 1,832 |
| Median Year Built | 1982 |
| Rent Burden | 28.8% |