Housing in Wellesley, MA (02482) is significantly more expensive than the US median value. The median housing value in 02482 is $1,420,500, nearly four times greater than that of the US median value at $338,100. Furthermore, house appreciation in 02482 has been far greater than the US average of 8.27%. In fact, over the past year house appreciation in Wellesley has been 16.14%, nearly double that of the national average. This indicates that housing prices in Wellesley have been rapidly increasing and are likely to continue to do so into the future.
The median home cost in Wellesley (zip 02482) is $1,420,500. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Wellesley (zip 02482) is up 10.8%.
Average Age of Homes
- The median age of Wellesley (zip 02482) real estate is 64 years old
The Rental Market in Wellesley (zip 02482)
- Renters make up 22.3% of the Wellesley (zip 02482) population
- 1.0% of houses and apartments in Wellesley (zip 02482), 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.