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Featured local agent — Wellesley, MA
Sarah Mitchell
Compass Real Estate · Wellesley, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wellesley, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.54Mmedian sale price
How is the Wellesley, MA housing market right now?
The median home sale price in Wellesley, MA is $2.54M, up 8.0% year-over-year. Homes sell in an average of 14 days with 22 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wellesley a buyer's or seller's market?
Wellesley, MA is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
14
Fast-moving
Active listings
22
1.8 months supply
Sale-to-list
102.8%
Above asking
What does the Wellesley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.54M |
| Median list price | $1.85M |
| Year-over-year price change | +8.0% |
| Average days on market | 14 days |
| Active inventory | 22 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $647/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 19 |
| Listings with a price cut | 36.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wellesley by property type?
How the Wellesley, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.54M | $647/sq ft | 12 | 14 days |
| Townhouse | $825,000 | $514/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Wellesley housing market is currently classified as a strong seller's market with a median sale price of $2.54M. Prices have risen 8.0% compared to last year, with homes spending an average of 14 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
Homes for sale in Wellesley
There are currently 22 homes listed for sale in Wellesley, Massachusetts. The median listing price is $1.8M.
Active listings
22
Homes on market
Median list price
$1.8M
Avg. days on market
14
Days until sale
New this week
19
Newly listed
Who lives in Wellesley?
Population
29,906
Median income
$250,001/yr
Median age
38.1 years
Owner-occupied
84.0%
College grads
87.1%
Avg commute
28.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Wellesley?
Zillow home value
$2.08M
Zillow rent index
$3,868/mo
Price-to-rent ratio
44.9x
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Wellesley?
Wellesley is a community of approximately 30K residents with a median age of 38.1 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 87.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wellesley offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wellesley?
10 schools tracked · 4,101 students
The largest public schools serving Wellesley, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wellesley Sr High
Grades 9-12 · 1,358 students
Wellesley Middle
Grades 6-8 · 919 students
Joseph E Fiske
Grades K-5 · 316 students
Schofield
Grades K-5 · 299 students
Sprague Elementary School
Grades K-5 · 293 students
Katharine Lee Bates
Grades K-5 · 253 students
John D Hardy
Grades K-5 · 225 students
Hunnewell
Grades K-5 · 200 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wellesley, MA?
Want a head-to-head view? Compare Wellesley side-by-side with any other U.S. city using our market-comparison tool.
Is Wellesley a good real estate investment market?
For investors evaluating Wellesley, the price-to-rent ratio of 44.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wellesley's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wellesley's median home price.
Frequently asked questions
What is the average home price in Wellesley?
The median home sale price in Wellesley is $2.54M, up 8.0% from last year.
How long do homes stay on market in Wellesley?
Homes typically spend 14 days on market before going under contract.
What is the median income in Wellesley?
The median household income is $250,001 per year.
Is Wellesley a buyer's or seller's market?
With 1.8 months of supply, Wellesley is currently a strong seller's market.
What is the Zillow home value estimate for Wellesley?
The Zillow Home Value Index (ZHVI) for Wellesley is $2.08M, representing the typical home value in the area.
How much does a single-family home cost in Wellesley?
The median single-family home price in Wellesley, MA is $2.54M (about $647 per square foot).
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