2 hours on Rocket
$10,000 Closing Credit¹
#73395333, Bell Petrini Group, Listing office: Coldwell Banker Realty - Boston
Wellesley Housing Market Report May 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 Seller's Market
Difference Since May 2024
Since last year, Wellesley has remained a Seller's Market.
Insight
Wellesley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$2,078,666$664/SqFt
+$143,166
+7.4%
Based on all homes sold in the last 12 months
Insight
Homes in Wellesley have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Wellesley was $2,078,666 in May 2025, up 7.4% from last year, and the median price per square foot was $664.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Needham | $1.5M | $1.6M | +8.0% |
| Wellesley | $1.9M | $2.0M | +7.4% |
| Weston | $2.2M | $2.3M | +4.4% |
| Wellesley Hills | $2.2M | $2.1M | -3.5% |
| Needham Heights | $1.4M | $1.2M | -10.9% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $716K | $1.1M | +61.8% |
| 22 Bedrooms | $1.3M | $1.4M | +6.8% |
| 33 Bedrooms | $1.4M | $1.3M | -0.4% |
| 44 Bedrooms | $1.9M | $2.0M | +6.8% |
| 55+ Bedrooms | $2.9M | $2.8M | -3.4% |
Summary: Wellesley housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +61.8%. The home price for 2 bedroom homes increased by +6.8%. The home price for 3 bedroom homes decreased by -0.4%. The home price for 4 bedroom homes increased by +6.8%. The home price for 5 bedroom homes decreased by -3.4%.
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 |
|---|---|---|
| 170Last MonthMay 2025 | ||
| 1482 months agoApr 2025 | +14.9 % Change MoMApr – May |
Summary: The Wellesley real estate market had 170 homes for sale in May 2025, a 14.9 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthMay 2025 | ||
| 232 months agoApr 2025 | +82.6 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 14 | 16 | +14.3% |
| 33 Bedrooms | 21 | 23 | +9.5% |
| 44 Bedrooms | 40 | 51 | +27.5% |
| 55+ Bedrooms | 70 | 77 | +10.0% |
Summary: Wellesley housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes increased by +9.5%. The inventory for 4 bedroom homes increased by +27.5%. The inventory for 5 bedroom homes increased by +10.0%.
Asking Price vs. Sold Price
How much do homes in Wellesley, MA cost?
Over Asking Price18 Homes
At Asking Price5 Homes
Under Asking Price19 Homes
Insight
If you're buying a home in Wellesley, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Wellesley in May 2025, up by 82.6% month-over-month. Of the 42 sold homes, 45% were sold under asking, 12% were sold at asking, and and 43% 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 Days31 Homes
30 – 90 Days7 Homes
Over 90 Days4 Homes
Insight
Many homes in Wellesley are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 42 homes were sold in Wellesley; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 32 DaysThis YearMay 2025 | ||
| 31 Days1 year agoMay 2024 | +1.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Wellesley had an average listing age of 32 days in May 2025, up by 1.9% compared to the previous year.
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Newest Listings in Wellesley, MA
What homes are available in Wellesley, MA?
3 days on Rocket
#73394573, Donahue Maley and Burns Team, Listing office: Compass
3 days on Rocket
#73394327, Kathy Kelley, Listing office: Berkshire Hathaway HomeServices Town and Country Real Estate
3 days on Rocket
#73394155, Debi Benoit, Listing office: William Raveis R.E. & Home Services
5 days on Rocket
$10,000 Closing Credit¹
#73393133, Team Coyle, Listing office: Compass
5 days on Rocket
$10,000 Closing Credit¹
#73392925, The Sarkis Team, Listing office: Douglas Elliman Real Estate - The Sarkis Team
#73390651, Alina Wang Team, Listing office: Coldwell Banker Realty - Lexington
$10,000 Closing Credit¹
#73390453, Susan Sullivan, Listing office: Coldwell Banker Realty - Wellesley
$10,000 Closing Credit¹
#73390360, Debi Benoit, Listing office: William Raveis R.E. & Home Services
Backup offers
$10,000 Closing Credit¹
#73390306, Patricia Bradley, Listing office: Rutledge Properties
$10,000 Closing Credit¹
#73390286, Debi Benoit, Listing office: William Raveis R.E. & Home Services
$10,000 Closing Credit¹
#73390215, Phyllis Black, Listing office: Berkshire Hathaway HomeServices Town and Country Real Estate
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 06/01/2023 - 06/01/2025
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: 6/23/2025, 5:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.