Is Wayland, NY 14572 a buyer’s or seller’s market?
Wayland is a seller’s market. With about 0.6 months of supply and 73% 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.
The Wayland housing market right now
In the three months ending August 31, 2026, 73% of homes in Wayland, NY 14572 sold above their list price, the typical home went under contract in 10 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold faster (19 days then) and the median sale price fell 3% to $199,913. Overall, Wayland is more competitive than a year ago, so tougher for buyers.
Within Steuben County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 90%.
Nearby, buyers who want less competition could look at Woodhull 14898 (0% sold over asking) or Troupsburg 14885 (0% sold over asking), while Jasper 14855 (100% sold over asking) and Pulteney 14874 (100% sold over asking) are even more competitive.
Run the numbers for 14572
Nearby markets
Addison 14801Seller’s market $104 /sq ftArkport 14807Seller’s market $114 /sq ftAtlanta 14808 — /sq ftAvoca 14809Seller’s market $81 /sq ft Browse all markets →Towns like Wayland nearby
Find towns like Wayland in other states →Where Wayland is
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Questions about Wayland real estate
Is Wayland a buyer’s or seller’s market?
A seller’s market: there were 0.6 months of supply in Wayland, NY 14572 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wayland?
The typical home went under contract in 10 days in the latest three months.
Do homes in Wayland sell over asking?
73% of homes sold above their original list price, and the typical sale closed at 108.4% of the list price.
What are property taxes in Wayland?
About 2.46% of a home’s value a year in Steuben County, or roughly $9,840 on a $400,000 home.
What is the median home price in Wayland?
The median sale price was $199,913 in the three months ending August 31, 2026, about $121 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology