Commercial Real Estate Market in Wayland, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 161 off-market properties in Wayland, MA. Commercial property asks $202/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Wayland, MA spans 15.0 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wayland, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Wayland, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Wayland, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Wayland, MA asks $318/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 94.4%
- Planned_development 3.7%
- Commercial 1.4%
- Industrial 0%
Largest Zones share of zoned land by district
Residence Zone 40000 Square Feet
Residence Zone 60000 Square Feet
Residence Zone 20000 Square Feet
Residence Zone 30000 Square Feet
Planned Development Districts
Wayland, MA zones 9,888 acres across 11 districts. Commercial zoning covers 1.4% of zoned land, residential 94.4% and industrial 0%. The largest single district is Residence Zone 40000 Square Feet at 45.2%. For commercial buyers the practical constraint is that only 1.5% of land carries a commercial or industrial designation.
Residence Zone 40000 Square Feet (R-40)
This zone is intended to be used for residential uses.
Market overview
Demographics & Economy
Wayland, MA has 14,132 residents in 5,136 households. Density runs 940 people per square mile. Median household income here is $219,531 and median gross rent $1,403 a month.
14,132
Population
5,136
Households
2.8
Avg Household Size
45
Median Age
78%
College-Educated
98%
High-School Grad
15 sq mi
ZIP Area
940
Density / Sq Mi
$219,531
Median Household Income
$106,935
Median Earnings
$1,403
Median Rent
$935,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Weston | — | — |
| Sudbury | — | $27.17 |
| Lincoln | — | — |
| Framingham | — | $22.21 |
Commercial property in Wayland, MA asks $202/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wayland?
Commercial property in Wayland, MA asks an average of $202 per square foot. The 5 most recent recorded sales traded at a median of $297/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Wayland?
Asking lease rates in Wayland, MA average $18.00 per square foot per year.
What zoning applies to commercial property in Wayland?
Wayland, MA zones 9,888 acres across 11 districts, of which 1.4% is commercial and 0% industrial. The largest single district is Residence Zone 40000 Square Feet at 45.2% of zoned land. This zone is intended to be used for residential uses. Residential zoning covers 94.4% and open space 0%.
Where does Realmo's Wayland market data come from?
Realmo compiles Wayland, MA figures from 5 recent recorded sales, 9 active sale listings, 7 active lease listings, 161 tracked off-market properties, the current Wayland zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 7 active for-lease listings in Wayland, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,888 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
