Zip 02481 (Wellesley, MA) Housing

The housing market in 02481 Wellesley, MA is booming. The median value for a house in the area is $1,853,500 compared to the nationwide median value of $338,100 which is more than five times higher. In addition, the one-year appreciation rate for homes in Wellesley is 16.14%, significantly higher than the 8.27% appreciation rate seen nationally. This makes investing in real estate in this community an attractive opportunity for potential homeowners and investors alike.

The median home cost in Wellesley (zip 02481) is $1,853,500. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Wellesley (zip 02481) is up 10.8%.

Average Age of Homes

- The median age of Wellesley (zip 02481) real estate is 70 years old

The Rental Market in Wellesley (zip 02481)

- Renters make up 11.9% of the Wellesley (zip 02481) population
- 0.6% of houses and apartments in Wellesley (zip 02481), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wellesley, Massachusetts	United States
	4,955.0	139,647,020.0
	70	42
	$1,853,500	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$12.15	$10.98
	$10,001	$2,690
	83.8%	57.4%
	4.3%	11.2%
	11.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.4%	0.4%
	1.9%	0.7%
	1.2%	0.4%
	0.2%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.0%	13.0%
	0.3%	20.1%
	0.6%	13.6%
	1.3%	8.3%
	5.9%	9.7%
	16.9%	3.9%
	31.5%	2.2%
	18.8%	0.8%
	23.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	4.2%	13.6%
	3.6%	13.2%
	5.4%	14.8%
	4.2%	13.6%
	17.2%	10.0%
	11.8%	4.7%
	35.6%	12.2%

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