Why Live in Wayland
Wayland, a walkable neighborhood in Providence, overlooks the Seekonk River and is known for its vibrant local shops and restaurants. Residents enjoy the proximity to Blackstone Boulevard, making it a popular spot for running, bicycling, and socializing across all age groups. Local dining favorites include L’Artisan Cafe & Bakery, known for its sandwiches and desserts, and Mare Rooftop, which offers 360-degree views and a menu featuring local seafood and pastas. Wayland Square serves as a central meeting point, with popular spots like L’Artisan’s outdoor patio hosting various community clubs. The neighborhood also participates in Providence Restaurant Weeks, offering fine dining at discounted rates. Homes in Wayland are well-maintained and date back to the late 19th and early 20th centuries, featuring Colonial Revivals and Queen Annes, with options ranging from single-family homes to condominiums. The area is convenient for commuters, with the Providence train station just 1.5 miles away and easy access to Interstate 95 and the Henderson Bridge. Families frequent Gladys Potter Park for its unique playground, while the Blackstone Park Conservation District offers 45 acres of natural woodland, ponds, and wildlife habitats. Public schools in Wayland have mixed ratings, but the neighborhood also offers private schooling options like The Croft School. With its mix of historic charm and modern amenities, Wayland provides a dynamic living experience in Providence.
Frequently Asked Questions
Is Wayland a good place to live?
Wayland is a good place to live. Wayland is considered fairly walkable and bikeable with some transit options. Wayland has 6 parks for recreational activities. It is fairly dense in population with 14.6 people per acre and a median age of 35. The average household income is $98,348 which is above the national average. College graduates make up 85.6% of residents. A majority of residents in Wayland are renters, with 71.6% of residents renting and 28.4% of residents owning their home. A
local real estate agent serving Wayland can help you decide if this neighborhood is the right one for you. Learn more on our
Wayland neighborhood guide.
How much do you need to make to afford a house in Wayland?
The median home price in Wayland is $750,000. If you put a 20% down payment of $150,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $3,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $157K a year to afford the median home price in Wayland. The average household income in Wayland is $98K.
What are the best private schools in Wayland?
The best private schools that serve Wayland are:
- Wheeler School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
- Moses Brown School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.6.
- Providence Country Day School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.4.
What are the most popular zip codes in Wayland, Providence, RI?
What are the most popular neighborhoods near Wayland, Providence, RI?
Are home prices dropping in Wayland?
Yes, home prices in Wayland are down 6% in the last 12 months.
Home Trends in Wayland, RI
On average, homes in Wayland, Providence sell after 34 days on the market compared to the national average of 53 days. The median sale price for homes in Wayland, Providence over the last 12 months is $750,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$750,000
Median Single Family Sale Price
$1,199,500
Median Townhouse Sale Price
$931,250
Median 2 Bedroom Sale Price
$622,500
Median 1 Bedroom Sale Price
$297,500
Average Price Per Sq Ft
$465
Number of Homes for Sale
6
Last 12 months Home Sales
41
Median List Price
$750,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%