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Wellesley CDP, MA

ZIP 02482 — 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 02482

Median Home Value
$1,255,200
Median Rent
$2,628
Affordability Snapshot
$346,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$8,063/mo PITI).

13%
Rent-to-Income Ratio

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

5.2x
Home Price-to-Income Ratio

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

39.8 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 02482 in Wellesley CDP, MA, a household would need roughly $346,000 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 $8,063. That is about 44% above the local median household income ($240,069), 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
80.0%+22% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
93.5%+7% vs US avg
x
4+ Bedrooms
13.9%-6% vs US avg
x
Built Pre-1939
6.3%-50% vs US avg
x
Built Post-2014
1.1%-83% vs US avg
x
Rent Burden >30%
13.7%-72% vs US avg
x
Mortgage-Free
38.6%+1% vs US avg
x
$1,255,200
Home Value
$2,628
Rent
1962
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 detached74.7%
  • 1-unit attached5.3%
  • 2-9 units9.2%
  • 10+ units10.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,255,200
Median rent$2,628
Owner-occupied80.0%
Vacant3.0%
Price-to-income5.2x
Est. income to buy$346,000