Wayland Twp Real Estate
4 active listings · 39 sold in the past 12mo
$404,950
Median List Price
39
Sold (past 12mo)
50
Avg Days on Market
+18.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(4)
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For Sale
1/43
$699,900
13117 Lakeshore Drive, Shelbyville, MI 49344
3 bd2 ba1,585 sqft0.22 ac
Single Family
For Sale
1/13
$534,900
3286 Stonehill Court, Wayland, MI 49348
3 bd3 ba1,611 sqft1 ac
Single Family
For Sale
1/20
$275,000
2681 Geneva Lake Drive S, Shelbyville, MI 49344
2 bd1 ba546 sqft1.56 ac
Single Family
For Sale
1/22
$49,000
12865 Yost Street, Wayland, MI 49348
3 bd2 ba1,200 sqft
Mfg Home
Recently Sold(39)
Frequently Asked Questions about Wayland Twp
Are there homes available in Wayland Twp right now?
Wayland Twp currently has 4 homes listed for sale. The median asking price is $404,950.
What is the median home price in Wayland Twp?
The median sale price in Wayland Twp is $404,950, based on 39 closed sales over the past 12 months.
How fast do homes sell in Wayland Twp?
Homes in Wayland Twp sell in an average of 50 days, based on 39 sales over the past 12 months.
What school districts serve Wayland Twp?
Wayland Twp is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Wayland Twp may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Wayland Twp a buyer's or seller's market?
With 1.2 months of inventory, Wayland Twp is currently a seller's market. This is based on 4 active listings and 39 sales in the past 12 months.
How are property taxes calculated in Wayland Twp?
Michigan property taxes in Wayland Twp are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Wayland Twp?
Per U.S. Census ACS data, Wayland Twp has a +18.6% Household Formation Gap over the past 15 years. Average household size decreased from 2.62 to 2.53, creating demand for approximately 275 additional housing units even as population grew 14.6%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.