Wellesley, MA Housing Market
The Wellesley housing market is very competitive. Homes in Wellesley receive 2 offers on average and sell in around 19 days. The median sale price of a home in Wellesley was $2.2M last month, up 45.2% since last year. The median sale price per square foot in Wellesley is $688, up 15.7% since last year.
Wellesley Housing Market Trends
In April 2024, Wellesley home prices were up 45.2% compared to last year, selling for a median price of $2.2M. On average, homes in Wellesley sell after 19 days on the market compared to 10 days last year. There were 31 homes sold in April this year, up from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Wellesley housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 14 days.
- Hot homescan sell for about 9% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 19 days.
- Hot homescan sell for about 9% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 13 days.
- Hot homescan sell for about 10% above list price and go pending in around 6 days.
Wellesley Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Wellesley from outside metros.
- New York homebuyers searched to move into Wellesley more than any other metro followed by Hartford and Washington.
- 83% of Wellesley homebuyers searched to stay within the Wellesley metropolitan area.
- Portland was the most popular destination among Wellesley homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Wellesley
Recent offers
View houses in Wellesley that sold recently
Recently sold homes
- $2,002,000 Last Sold Price4 beds2.5 baths2,510 sq ft6 Crestwood Dr, Wellesley, MA 02481List Price$1,750,000Sale to List14% over listDays on Market35 days6 Crestwood Dr, Wellesley, MA 02481
- $2,700,008 Last Sold Price4 beds4.5 baths4,500 sq ft45 Marshall Rd, Wellesley, MA 02482List Price$2,798,000Sale to List4% under listDays on Market55 days45 Marshall Rd, Wellesley, MA 02482
- $2,420,000 Last Sold Price4 beds4 baths4,950 sq ft268 Grove St, Wellesley, MA 02482List Price$2,395,000Sale to List1% over listDays on Market87 days268 Grove St, Wellesley, MA 02482
- $4,750,000 Last Sold Price6 beds6.5 baths9,260 sq ft60 Abbott Rd, Wellesley, MA 02481List Price$5,250,000Sale to List10% under listDays on Market116 days60 Abbott Rd, Wellesley, MA 02481
- $1,500,000 Last Sold Price3 beds1.5 baths2,096 sq ft4 High Ledge Ave, Wellesley, MA 02481List Price$1,375,000Sale to List9% over listDays on Market61 days4 High Ledge Ave, Wellesley, MA 02481
- $1,025,000 Last Sold Price3 beds2 baths1,178 sq ft6 Oakland St, Wellesley, MA 02481List Price$995,000Sale to List3% over listDays on Market37 days6 Oakland St, Wellesley, MA 02481
- $715,000 Last Sold Price2 beds1.5 baths1,200 sq ft37 Linden St #16, Wellesley, MA 02482List Price$718,000Sale to List0% under listDays on Market74 days37 Linden St #16, Wellesley, MA 02482
- $1,950,000 Last Sold Price4 beds2.5 baths2,790 sq ft24 Garrison Rd, Wellesley, MA 02482List Price$1,699,000Sale to List15% over listDays on Market85 days24 Garrison Rd, Wellesley, MA 02482
See all recently sold homes in Wellesley.
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Schools in Wellesley
- Elementary
- Middle
- High
GreatSchools Rating
9/10 John D. Hardy Elementary School Public • K-5 | 223 Students | 3 reviews |
9/10 Katharine Lee Bates Elementary School Public • K-5 | 284 Students | 1 reviews |
9/10 High Rock School Public • 6 | 394 Students | 2 reviews |
9/10 Lilja Elementary School Public • K-4 | 373 Students | 5 reviews |
9/10 Angier Elementary School Public • K-5 | 428 Students | 3 reviews |
Climate's impact on Wellesley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wellesley.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Wellesley
Walk Score®
Bike Score®
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