The town of Wellesley, located approximately 13 miles west of Boston, is a highly desirable residential community and home to many Boston commuters and their families. With several attractive office parks, Wellesley is also a considerable employment center. The many students at Wellesley College, Babson College and Massachusetts Bay Community College support Wellesley’s prestigious academic character. The strong emphasis on education is also reflected in Wellseley’s public education system. In 2007, Wellesley High School was ranked the 70th best high school in the nation by U.S. News & World Report and earned the Gold Medal status. The proximity of Route 128/95 allows Wellesley residents easy access to the many cultural and culinary opportunities of slotsdad Boston as well as the option to enjoy both the north shore and south shore recreational facilities. The town of Wellesley has proven a true leader in environmental issues. The town’s ascetics and clean appearance are true testaments to the emphasis on garbage disposal, recycling and preservation of the natural environment.
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Wellesley Real Estate Market Stats

Average Home Values

Price Distribution

Home Averages

$1,245,000 Average Price
2,418 Avg Home Size
1945 Avg Year Built

Owners vs Renters

Local vs National Home Values

Local National
Zillow Home Value Index $1,074,800 $174,800
Median Single Family Home Value $1,082,900 $174,200
Median Condo Value $527,300 $178,900
Median 2-Bedroom Home Value $648,400 $134,000
Median 3-Bedroom Home Value $798,400 $168,100
Median 4-Bedroom Home Value $1,156,000 $282,900
Percent Homes Decreasing 8.2% 27.2%
Percent Listing Price Reduction 34.7% 34.8%
Median List Price Per Sq Ft $459 $111
Median List Price $1,595,000 $215,000
Median Sale Price $1,245,000 $217,800
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $10,213 $2,083
Turnover (Sold Within Last Yr.) 6% 4%
Median Value Per Sq Ft $493 $120
1-Yr. Change 10.4% 6.5%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Local vs National Demographics

Local National
Median Household Income 113,686 44,512
Single Males 9.8% 14.6%
Single Females 17.3% 12.5%
Median Age 36 36
Homes With Kids 40.9% 31.4%
Average Household Size 2 2
Average Commute Time (Minutes) 26 26

Walk Score for Wellesley

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