The housing market in 02457 Wellesley, MA is highly desirable and benefits from a median value of $699,600 which is significantly higher than the US median value of $338,100. The appreciation rate for houses in this area has been particularly strong over the past year at 16.14%, compared to 8.27% nationally. This suggests that the housing market in this area is growing rapidly and is likely to remain in high demand due to its prime location and attractive homes.
The median home cost in Wellesley (zip 02457) is $699,600. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Wellesley (zip 02457) is up 10.8%.
Average Age of Homes
- The median age of Wellesley (zip 02457) real estate is 72 years old
The Rental Market in Wellesley (zip 02457)
- Renters make up 0.0% of the Wellesley (zip 02457) population
- 50.0% of houses and apartments in Wellesley (zip 02457), 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.