Is Wellesley, MA 02482 a buyer’s or seller’s market?
Wellesley is a seller’s market. With about 0.9 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 87% of U.S. ZIP codes, and #205 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wellesley housing market right now
In the three months ending August 31, 2026, 44% of homes in Wellesley, MA 02482 sold above their list price, the typical home went under contract in 18 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 37%, homes sold more slowly (16 days then) and the median sale price fell 9% to $1,864,193. Overall, Wellesley is more competitive than a year ago, so tougher for buyers.
Within Norfolk County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, Wellesley ranks #205 of 362 MA ZIP codes with enough sales (score 81 out of 100).
Nearby, buyers who want less competition could look at Dover 02030 (5% sold over asking) or South Walpole 02071 (20% sold over asking), while East Walpole 02032 (73% sold over asking) and Holbrook 02343 (71% sold over asking) are even more competitive.
Run the numbers for 02482
Nearby markets
Avon 02322Seller’s market $335 /sq ftBellingham 02019Seller’s market $282 /sq ftBraintree 02184Seller’s market $428 /sq ftBrookline 02445Balanced $776 /sq ft Browse all markets →Towns like Wellesley nearby
Find towns like Wellesley in other states →Where Wellesley is
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Questions about Wellesley real estate
Is Wellesley a buyer’s or seller’s market?
A seller’s market: there were 0.9 months of supply in Wellesley, MA 02482 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wellesley?
The typical home went under contract in 18 days in the latest three months.
Do homes in Wellesley sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Wellesley?
About 1.06% of a home’s value a year in Norfolk County, or roughly $4,240 on a $400,000 home.
What is the median home price in Wellesley?
The median sale price was $1,864,193 in the three months ending August 31, 2026, about $680 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology