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Wellesley CDP, MA

ZIP 02481 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02481

Median Home Value
$1,642,700
Median Rent
$2,861
Affordability Snapshot
$452,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$10,552/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

47.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02481 in Wellesley CDP, MA, a household would need roughly $452,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $10,552. That is about 81% above the local median household income ($250,001), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.2%+33% vs US avg
x
Vacancy Rate
3.5%-66% vs US avg
x
Broadband Access
97.9%+13% vs US avg
x
4+ Bedrooms
30.6%+107% vs US avg
x
Built Pre-1939
11.5%-10% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
22.2%-55% vs US avg
x
Mortgage-Free
32.5%-15% vs US avg
x
$1,642,700
Home Value
$2,861
Rent
1950
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached88.6%
  • 1-unit attached0.5%
  • 2-9 units5.2%
  • 10+ units5.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,642,700
Median rent$2,861
Owner-occupied87.2%
Vacant3.5%
Price-to-income6.6x
Est. income to buy$452,000