Housing in Wellfleet, MA is significantly more expensive than the US House Median Value at $820,300. In addition to having a higher median value than the US average, housing in Wellfleet has experienced a greater appreciation rate of 12.73%, compared to the US 1 year House Appreciation of 8.27%. This indicates that real estate in Wellfleet is highly sought after and that property values are likely to continue increasing.
The median home cost in Wellfleet is $820,300. Home appreciation the last 10 years has been 91.5%. Home Appreciation in Wellfleet is up 16.3%.
Average Age of Homes
- The median age of Wellfleet real estate is 42 years old
The Rental Market in Wellfleet
- Renters make up 7.5% of the Wellfleet population
- 0.2% of houses and apartments in Wellfleet, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.