Comprehensive market data and analysis• Updated Oct 2026
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 3 |
Acreage buckets
The median price for land in Wayland, Michigan is currently $26K per acre. For a typical parcel, the median sale price is $228K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $178K while premium lots reached $278K.
Wayland, Michigan is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Wayland, Michigan currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Wayland, Michigan is 3.7%. The 12-month rate is 1.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Wayland, Michigan is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Greenridge Realty (Caledonia).
Land in Wayland, Michigan averages $26K per acre. The median price per acre is $26K, which may be more representative of typical transactions. Most parcels sold are around 10.1 acres.
The median land price in Wayland, Michigan stands at $228K. This translates to roughly $26K per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Wayland on LandyDandy.
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