Wellesley Hills Housing Market Report February 2025•Norfolk County, Massachusetts

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Housing Prices in Wellesley Hills, MA

How much do homes in Wellesley Hills, MA cost?

Housing Market Conditions

Is Wellesley Hills, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Wellesley Hills is a Neutral Market

Difference Since February 2024

Since last year, Wellesley Hills has remained a Neutral Market.

Insight

Wellesley Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,200,000$652/SqFt

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Wellesley Hills has remained the same since last year.

Summary: The median home sold price in Wellesley Hills was $2,200,000 in February 2025, the same as last year, and the median price per square foot was $652.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Wellesley
+15.1%
Weston
+5.4%
Newton
+4.6%
Wellesley Hills
0.0%
Needham Heights
-7.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$750K$670K
-10.7%
2$975K$1.0M
+2.6%
3$1.2M$1.3M
+14.3%
4$1.9M$2.1M
+8.6%
5$3.0M$2.9M
-3.3%

Summary: Wellesley Hills housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.7%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +14.3%. The home price for 4 bedroom homes increased by +8.6%. The home price for 5 bedroom homes decreased by -3.3%.

How does Wellesley Hills, MA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Wellesley Hills, MA

Housing supply in Wellesley Hills, MA

How many homes are available in Wellesley Hills, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
36Last MonthFeb 2025
332 months agoJan 2025
+9.1 %
Change MoMJan – Feb

Summary: The Wellesley Hills real estate market had 36 homes for sale in Feb 2025, a 9.1 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthFeb 2025
122 months agoJan 2025
-50.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
212
+100.0%
368
+33.3%
479
+28.6%
51817
-5.6%

Summary: Wellesley Hills housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes decreased by -5.6%.

Asking Price vs. Sold Price

How much do homes in Wellesley Hills, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Wellesley Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Wellesley Hills in February 2025, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Wellesley Hills, MA

How long does it take to sell a home in Wellesley Hills, MA?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Wellesley Hills are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 6 homes were sold in Wellesley Hills; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
31 DaysThis YearFeb 2025
48 Days1 year agoFeb 2024
-34.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Wellesley Hills had an average listing age of 31 days in Feb 2025, down by 34.4% compared to the previous year.

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Newest Listings in Wellesley Hills, MA

What homes are available in Wellesley Hills, MA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025

IDX 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: 3/14/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.