The Wellesley housing market is very competitive. The median sale price of a home in Wellesley was $2.6M last month, up 43.9% since last year. The median sale price per square foot in Wellesley is $661, up 7.5% since last year.
What is the housing market like in Wellesley today?
In February 2024, Wellesley home prices were up 43.9% compared to last year, selling for a median price of $2.6M. On average, homes in Wellesley sell after 25 days on the market compared to 49 days last year. There were 16 homes sold in February this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,553,750
+43.9% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Wellesley, MA
$2,553,750
+43.9%
United States
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How hot is the Wellesley housing market?
Wellesley is very competitive. Homes sell in 18.5 days.
0
100
76
Very Competitive
Redfin Compete Score™
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 around list price and go pending in around 19 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Wellesley
Explore recent offers and recently sold homes in Wellesley
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wellesley has a moderate risk of flooding. 1,034 properties in Wellesley are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Wellesley. Flood risk is increasing slower than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wellesley has a moderate risk of wildfire. There are 3,139 properties in Wellesley that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in Wellesley.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Wellesley has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wellesley is most at risk from hurricanes. 8,382 properties in Wellesley have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 104 mph.