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Wellesley, MA
Full City Profile · Massachusetts · Norfolk County County
3.6
/5.0
B+
Good
29,906
Population
2,985/sq mi density
$250,001
Median Income
$113,079 per capita
$1,513,400
Home Value
$1,976,477 Zillow
$2,849
Median Rent
24.1% income on rent
49°F
Avg Temperature
246 sunny days/yr
24
Violent Crime/100K
405 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 2.0% unemployment
B
Affordability
3.3 / 5.0
$1,513,400 home value, $2,849/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
87.1% bachelor's degree or higher
Housing Overview
Median Home Value
$1,513,400
437% above
US avg: $281,900
Median Rent
$2,849/mo
145% above
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
9,320
Median year built: 1954
Home Value by Source
Census Median
$1,513,400
Zillow (ZHVI)
$1,976,477
Median Sale Price
$1,305,000
Median List Price
$1,685,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.0%
Owner-Occupied
16.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$2,849/mo
· Zillow rent:
$3,274/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$790
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
84.0%
Complete Housing Data
Home Values
| Census Median Value | $1,513,400 |
| Zillow Home Value (ZHVI) | $1,976,477 |
| Median Sale Price | $1,305,000 |
| Median List Price | $1,685,000 |
| Price Per Sq Ft | $790 |
Rent
| Census Median Rent | $2,849 |
| Zillow Rent (ZORI) | $3,274 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 4 |
| Active Inventory | 12 |
| Price Per Sq Ft | $790 |
Ownership & Stock
| Owner-Occupied | 84.0% |
| Renter-Occupied | 16.0% |
| Homeownership Rate | 84.0% |
| Total Housing Units | 9,320 |
| Median Year Built | 1954 |
| Rent Burden | 24.1% |