The story of this market
The typical home in ZIP 02482 sells for about $1,998,804, or $645 per square foot.
Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,701 a month.
ZIP 02482 — Wellesley
The Wellesley 02482 housing market remains highly competitive with high median home values, though it has seen a slight year-over-year price correction. Demand is driven by the area's reputation for excellent schools and proximity to Boston, despite headwinds for investors due to high entry costs. Some specific metrics, such as effective tax rates and detailed demographic breakdowns, are not currently published at the ZIP level.
This ZIP is best suited for affluent families and professionals seeking a high-quality school district, community-oriented lifestyle, and proximity to Boston.
Median prices moved down 3.0% year over year.
Homes spend a median of 15 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 6.2% — a stable, low-distress profile.
ZCTA 02482, Norfolk County MA
Wellesley is widely recognized for its high-performing public school system, which is a primary driver of local housing demand.
The area is characterized by a stable, upscale residential environment with proximity to major Boston-area employment hubs and academic institutions.
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 transit corridors and commuter rail access providing direct service to Boston's employment core.
The area features extensive greenbelts, local parks, and proximity to Wellesley's historic shopping districts and recreational facilities.
The rental market is characterized by high demand and premium pricing, though it faces headwinds regarding yield for investors due to high asset values.
The local economy is anchored by proximity to Boston's professional services, technology, and academic sectors.
Census data for ZCTA 02482 is limited in current public ACS vintages.
- Boston Tea Party Ships & Museum4.613.2 mi
- Kimball Farm Westford4.619.8 mi
- Supercharged Entertainment4.517 mi
- Apex Entertainment Marlborough4.415.1 mi
- F1 Arcade Boston4.513.5 mi
- Fenway Park4.810.9 mi
- TD Garden4.613.1 mi
- Gillette Stadium4.613.9 mi
- Thomas M. Menino Convention & Exhibition Center4.513.3 mi
- Topgolf Boston - Canton3.910 mi
- Fenway Park4.810.9 mi
- Museum of Fine Arts, Boston4.810.9 mi
- Boston Common4.712.6 mi
- Harvard Square4.610.7 mi
- Isabella Stewart Gardner Museum4.710.6 mi
- Museum of Fine Arts, Boston4.810.9 mi
- Boston Public Library4.811.8 mi
- Isabella Stewart Gardner Museum4.710.6 mi
- Museum of Science4.712.7 mi
- Boston Tea Party Ships & Museum4.613.2 mi
- Boston Common4.712.6 mi
- Franklin Park Zoo4.410.6 mi
- Public Garden4.812.4 mi
- Charles River Esplanade4.812 mi
- Arnold Arboretum of Harvard University4.89 mi
- Topgolf Boston - Canton3.910 mi
- Robert T. Lynch Municipal Golf Course3.97.1 mi
- George Wright4.58.5 mi
- Newton Commonwealth Golf Course47.4 mi
- William J. Devine Golf Course at Franklin Park4.210.6 mi
- Natick Mall4.54.6 mi
- Prudential Center Boston4.511.6 mi
- Legacy Place4.47.3 mi
- CambridgeSide4.312.5 mi
- Macy's4.212.8 mi
- Boston Logan International Airport4.115.5 mi
- Worcester Regional Airport4.629.6 mi
- Park Shuttle & Fly4.515.9 mi
- The Lounge3.415.3 mi
- Boston Skydive Center527.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prestigious liberal arts college that serves as a major cultural and architectural anchor for the town.
A historic downtown area featuring upscale retail, dining, and professional services.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).