9 hours on Rocket
#73354421, Jean Piazza, Listing Office: Gibson Sotheby's International Realty
Wellesley Housing Market Report March 2025•Norfolk County, Massachusetts
Housing Prices in Wellesley, MA
How much do homes in Wellesley, MA cost?
Housing Market Conditions
Is Wellesley, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wellesley is a Buyer's Market
Difference Since March 2024
At the same time last year, Wellesley was a Seller's Market.
Insight
Wellesley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$2,092,500$665/SqFt
+$230,000
+12.3%
Based on all homes sold in the last 12 months
Insight
Homes in Wellesley have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Wellesley was $2,092,500 in March 2025, up 12.3% from last year, and the median price per square foot was $665.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Needham | $1.4M | $1.6M | +16.1% |
| Wellesley | $1.8M | $2.0M | +12.3% |
| Wellesley Hills | $2.2M | $2.1M | -0.3% |
| Needham Heights | $1.3M | $1.2M | -8.0% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $712.5K | $870.5K | +22.2% |
| 22 Bedrooms | $1.0M | $1.7M | +63.0% |
| 33 Bedrooms | $1.3M | $1.4M | +6.1% |
| 44 Bedrooms | $1.9M | $2.0M | +3.8% |
| 55+ Bedrooms | $2.9M | $2.8M | -4.1% |
Summary: Wellesley housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +22.2%. The home price for 2 bedroom homes increased by +63.0%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes increased by +3.8%. The home price for 5 bedroom homes decreased by -4.1%.
How does Wellesley, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Wellesley, MA
Housing supply in Wellesley, MA
How many homes are available in Wellesley, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 118Last MonthMar 2025 | ||
| 712 months agoFeb 2025 | +66.2 % Change MoMFeb – Mar |
Summary: The Wellesley real estate market had 118 homes for sale in Mar 2025, a 66.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthMar 2025 | ||
| 92 months agoFeb 2025 | +44.4 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 6 | 14 | +133.3% |
| 33 Bedrooms | 15 | 13 | -13.3% |
| 44 Bedrooms | 18 | 34 | +88.9% |
| 55+ Bedrooms | 30 | 55 | +83.3% |
Summary: Wellesley housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +133.3%. The inventory for 3 bedroom homes decreased by -13.3%. The inventory for 4 bedroom homes increased by +88.9%. The inventory for 5 bedroom homes increased by +83.3%.
Asking Price vs. Sold Price
How much do homes in Wellesley, MA cost?
Over Asking Price6 Homes
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Wellesley, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Wellesley in March 2025, up by 44.4% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and and 46% were sold over asking.
Days on Market for Wellesley, MA
How long does it take to sell a home in Wellesley, MA?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Insight
Many homes in Wellesley are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 13 homes were sold in Wellesley; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 48 DaysThis YearMar 2025 | ||
| 29 Days1 year agoMar 2024 | +66.6 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Wellesley had an average listing age of 48 days in Mar 2025, up by 66.6% compared to the previous year.
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Newest Listings in Wellesley, MA
What homes are available in Wellesley, MA?
11 hours on Rocket
#73354346, Petrone-Hunter Realty Group, Listing Office: Coldwell Banker Realty - Wellesley
12 hours on Rocket
$10,000 Closing Credit¹
#73351929, Dalgiza Barros, Listing Office: Keller Williams Realty Signature Properties
13 hours on Rocket
#73354254, Dream Team, Listing Office: Dreamega International Realty LLC
1 day on Rocket
$9,203 Closing Credit¹
#73353888, Steve & Nicole Connolly Group, Listing Office: Coldwell Banker Realty - Wellesley
1 day on Rocket
#73353835, Melissa Dailey, Listing Office: Coldwell Banker Realty - Wellesley
1 day on Rocket
$10,000 Closing Credit¹
#73353824, The Lara & Chelsea Collaborative, Listing Office: Coldwell Banker Realty - Wellesley
1 day on Rocket
$10,000 Closing Credit¹
#73353646, Betsy Kessler, Listing Office: Rutledge Properties
1 day on Rocket
$10,000 Closing Credit¹
#73353139, Betsy Millane, Listing Office: Gibson Sotheby's International Realty
1 day on Rocket
$10,000 Closing Credit¹
#73353723, Susan Sullivan, Listing Office: Coldwell Banker Realty - Wellesley
1 day on Rocket
#73353510, Melissa Dailey, Listing Office: Coldwell Banker Realty - Wellesley
1 day on Rocket
$10,000 Closing Credit¹
#73353429, Susan Evans, Listing Office: Hammond Residential Real Estate
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 04/01/2023 - 04/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.