The story of this market
The typical home in ZIP 02481 sells for about $2,719,500, or $682 per square foot.
Prices are up +32.9% from a year ago, so sellers still have some momentum. Homes take about 67 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,054 a month.
ZIP 02481 — Wellesley
The 02481 housing market remains highly competitive with significant year-over-year price appreciation. While inventory is limited, demand for luxury properties continues to drive market activity. Several data points, including specific tax rates and detailed census breakdowns, were not available at the ZIP level.
This ZIP is ideal for affluent families and professionals seeking high-quality schools, a suburban atmosphere, and convenient access to Boston's economic core.
Median prices moved up 32.9% year over year.
Homes spend a median of 67 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 2.4% — a stable, low-distress profile.
ZCTA 02481, Norfolk County, MA
Wellesley is widely recognized for its high-performing public school system, which consistently ranks among the top in Massachusetts.
The area maintains a stable, high-value residential character with ongoing interest in luxury housing segments between $2 million and $4 million.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from proximity to major employment hubs in the Greater Boston area, with access to commuter rail and highway corridors.
The area features extensive green spaces, local parks, and a robust retail and dining district centered in Wellesley Square.
The rental market is characterized by high demand and limited inventory, with median rents reflecting the area's affluent status.
The local economy is anchored by education, professional services, and proximity to the broader Boston-Cambridge innovation and biotech clusters.
Data sourced from local market reports and census-based estimates.
- Boston Tea Party Ships & Museum4.612.1 mi
- Kimball Farm Westford4.619 mi
- Supercharged Entertainment4.518.3 mi
- Apex Entertainment Marlborough4.415.6 mi
- F1 Arcade Boston4.512.4 mi
- Fenway Park4.89.8 mi
- TD Garden4.611.9 mi
- Gillette Stadium4.615.1 mi
- Thomas M. Menino Convention & Exhibition Center4.512.2 mi
- Topgolf Boston - Canton3.910.4 mi
- Fenway Park4.89.8 mi
- Museum of Fine Arts, Boston4.89.8 mi
- Boston Common4.711.5 mi
- New England Aquarium4.412.4 mi
- Harvard Square4.69.4 mi
- Museum of Fine Arts, Boston4.89.8 mi
- Boston Public Library4.810.7 mi
- Isabella Stewart Gardner Museum4.79.5 mi
- Museum of Science4.711.5 mi
- Boston Tea Party Ships & Museum4.612.1 mi
- Boston Common4.711.5 mi
- Franklin Park Zoo4.49.8 mi
- Public Garden4.811.2 mi
- Charles River Esplanade4.810.8 mi
- Arnold Arboretum of Harvard University4.88.2 mi
- Topgolf Boston - Canton3.910.4 mi
- Granite Links Golf Club4.612.7 mi
- Robert T. Lynch Municipal Golf Course3.96.2 mi
- George Wright4.58.1 mi
- Newton Commonwealth Golf Course46.2 mi
- Natick Mall4.55.3 mi
- Encore Boston Harbor4.312.3 mi
- Burlington Mall4.412.5 mi
- Prudential Center Boston4.510.5 mi
- Quincy Market4.512.1 mi
- Boston Logan International Airport4.114.4 mi
- Worcester Regional Airport4.630.5 mi
- Park Shuttle & Fly4.514.7 mi
- The Lounge3.414.2 mi
- Boston Skydive Center528.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The primary commercial hub featuring local boutiques and restaurants.
A prestigious liberal arts college with a historic campus and public walking trails.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).