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Wellesley

Wellesley

Located in Norfolk County

$2,242,807 Average Value
$775 Average Price per Sq Ft
14 Homes For Sale

Peaceful suburban living in Wellesley

Wellesley is a peaceful academic town approximately 15 miles outside of Boston. Home to Wellesley College and Babson College, the community also boasts one of the best public school systems in the state. Of its nearly 30,000 residents, over 85 percent of the population are college graduates, and half the town’s citizens hold advanced degrees. The median household income is approximately $250,000, which is significantly higher than the state’s median. Many people work in the education, finance and medical sectors, and top employers include Sun Life Financial, Wellesley College and Babson College. “This is an upscale residential community with an easy commute into Boston,” says Elke Cardella, a Realtor at Compass Realty with seven years of experience in the Wellesley and MetroWest markets. “There is a good trail system, and the green spaces are spread out.”

Wellesley's town sign welcomes visitors and residents daily.
Wellesley's town sign welcomes visitors and residents daily.
Passengers board the MBTA Commuter Rail at Wellesley Square station.
Passengers board the MBTA Commuter Rail at Wellesley Square station.
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Stately homes dot a Norfolk County community

Wellesley's median home price is $2,035,000, which is almost five times higher than the national median. While spacious colonial-inspired properties dominate Wellesley’s housing inventory, ranch-style homes, Cape Cods and raised ranches can also be spotted around town. Built from the late 1800s and onward, single-family homes under 3,000 square feet may list from just under $1 million to $2 million. A majority of the grand estate properties between 5,000 and 8,000 square feet are in Wellesley Farms , and these often run from $2.5 million to $6 million. Mansions over 10,000 square feet may fetch over $10 million. Tree-lined and winding residential streets connect the homes, and well-landscaped yards are usually a quarter-acre to 1 acre in size. Townhouses and condominiums, most of which are concentrated in Wellesley Square , start around $700,000 and can reach $2 million and over $3 million, respectively.

Colonials homes with driveways in Morses Pond, Wellesley.
Colonials homes with driveways in Morses Pond, Wellesley.
Homes in Dana Hall include large newly built colonial homes with beautiful landscaped yards.
Homes in Dana Hall include large newly built colonial homes with beautiful landscaped yards.
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Wellesley Public Schools is a top school district in Massachusetts

The town’s public school system, Wellesley Public Schools, is ranked by Niche as the No. 2 best school district in Norfolk County with an A-plus Niche score. Wellesley has six primary schools, one preschool, one middle school and Wellesley High School, which scores an A-plus and offers dual enrollment courses in partnership with nearby colleges. The famous liberal arts college, Prestigious private schools also dot the area, including the A-plus Dana Hall School. Wellesley College, and Babson College, a highly reputable business school, are both located in town. Massachusetts Bay Community College also has a satellite campus in Wellesley.

Newman Elementary School in Wellesley decorates the walls to help keep spirits high.
Newman Elementary School in Wellesley decorates the walls to help keep spirits high.
Wellesley High School has a massive campus for Wellesley locals to enjoy.
Wellesley High School has a massive campus for Wellesley locals to enjoy.
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Myriad trails in Wellesley

Wellesley, with its wooded landscape, has close to 50 miles of trails, 29 of which are interconnected and link the various conservation lands in town. Sports fields, playgrounds and parks are also scattered throughout. “Warren Park is the main playground, and lots of kids go there to hang out,” Cardella says. Residents can go boating or fishing at the 100-acre Morses Pond, just west of Fells and Woodlands . The pond also has a public beach area for swimming in the summer. Wellesley Country Club features a championship golf course and is also a social club for town residents. The town experiences short, humid summers and snow-heavy winters.

Morses Pond in Wellesley offers stunning views and residents many water activities to choose from.
Morses Pond in Wellesley offers stunning views and residents many water activities to choose from.
Wellesley Country Club features a championship golf course for the town residents along with a social club.
Wellesley Country Club features a championship golf course for the town residents along with a social club.
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Shopping and dining around Wellesley Square

Central Plaza and Linden Square , the town’s main shopping district, are located around Wellesley Square Station, featuring chain grocery stores, local restaurants, cafes, boutiques and businesses. Additional retailers, bakeries, eateries and service shops are along Washington Street and Route 9, which turns into Worcester Street in Wellesley.

Cafe Mangal is a Turkish-inspired Mediterranean BYOB restaurant in Wellesley.
Cafe Mangal is a Turkish-inspired Mediterranean BYOB restaurant in Wellesley.
Linden Square offers Cliff Estates residents many shopping opportunites.
Linden Square offers Cliff Estates residents many shopping opportunites.
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Navigating into Boston

Wellesley is accessible via Massachusetts State Route 9 and Interstate 95. There are three MBTA commuter rail stations in town for rail service to Boston, and the MetroWest Regional Transit Authority (MWRTA) buses take commuters to areas in the Boston MetroWest. Logan International Airport is approximately 20 miles east, and the Newton-Wellesley Hospital is across from Interstate 95.

Community celebrations in Wellesley

Many of the town’s festivals revolve around the seasons and the holidays, including a spring festival, the July Jubilation Sidewalk Sale & Festival for Independence Day, a fall harvest festival and a Festival of Trees ceremony in winter. Notably, Wellesley’s Wonderful Weekend is the town’s annual celebration featuring a Veterans parade, a pancake festival and picnic, fireworks and a “paint the town” event. “They close down Central Street,” Cardella says. “There are live performances, lots of fun activities for kids and the shops are open late so parents can do some shopping.”

Crime data from recent years

According to Wellesley’s police department, while violent crimes decreased in 2023, property crimes slightly increased compared to 2022.

Christina Xu
Written By
Christina Xu
Anhella Sanchez
Photography Contributed By
Anhella Sanchez
Jason Jacot
Video By
Jason Jacot

Interested in learning more about homes in this area? Reach out to Paul Cottone, an experienced agent in this area.

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Wellesley Housing Trends

Housing Trends

Median List Price
$1,985,000
Median Sale Price
$1,960,500
Median Single Family Sale Price
$2,382,250
Median Townhouse Sale Price
$1,700,000
Median 2 Bedroom Sale Price
$1,323,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
80
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$775

Area Facts

Number of Homes
1,431
Number of Homes for Sale
14
Median Year Built
1940
Months of Supply
2.10
Average Single Family Home Size Sq Ft
2,959
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
2,093
Average 2 Bedroom Size Sq Ft
1,619
Average 1 Bedroom Size Sq Ft
1,167
Average Studio Size Sq Ft
300
Median Lot Size Sq Ft
13,503

Open Houses

  • Saturday, Nov 1
    Open Sat 1PM - 2:30PM

    16 Stearns Rd Unit 207, Wellesley, MA 02482

    $1,399,125

    • 3 Beds
    • 2.5 Baths
    • 1,435 Sq Ft
    • 16 Stearns Rd
    • Unit 207
    • New 4 days ago

    Masterfully crafted, the 24 unit condominiums at The Albion feature luxury living spaces with open floor plans, high end finishes & bordering green spaces. The Albion is the ultimate mix of contemporary design, modern amenities and is set in a prime location near Linden Square in Wellesley. This three bedroom, 2.5 bathroom residence features 9 foot high ceilings, hardwood floors, quartz

    Kennedy Lynch Gold Team Hammond Residential Real Estate

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  • Saturday, Nov 1
    Open Sat 11AM - 12PM

    11 Oak St Unit 62, Wellesley, MA 02482

    $989,000

    • 2 Beds
    • 1.5 Baths
    • 1,171 Sq Ft
    • 11 Oak St
    • Unit 62
    • New 7 days ago

    The first & only unit in Linden Square to have undergone large scale "gut" renovation. Reimagined first floor w/ full open floor plan allowing kitchen, dining room, living room & outdoor patio to work together as one. Plus south facing direction allows the light to pour in! Wood-Mode kitchen cabinetry filled w/ great storage, Bosch appliances w/ induction range & vented outside. Cabinetry extends

    Melissa Dailey Coldwell Banker Realty - Wellesley

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  • Saturday, Nov 1
    Open Sat 1PM - 2:30PM

    16 Stearns Rd Unit 101, Wellesley, MA 02482

    $1,698,600

    • 2 Beds
    • 2.5 Baths
    • 1,788 Sq Ft
    • 16 Stearns Rd
    • Unit 101
    • New 14 days ago

    Masterfully crafted, the 24 unit condominiums at The Albion feature luxury living spaces with open floor plans, high end finishes & bordering green spaces. The Albion is the ultimate mix of contemporary design, modern amenities and is set in a prime location near Linden Square in Wellesley. This two bedroom, 2.5 bathroom residence features 9 foot high ceilings, hardwood floors, quartz

    Kennedy Lynch Gold Team Hammond Residential Real Estate

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Wellesley

Property Mix - Square Feet

Wellesley Has More Owners

Demographics

Total Population
28,921
Median Age
40
Population under 18
27.3%
On par with the national average
23.8%
Population over 65
18.4%
On par with the national average
19.1%

Finances

Median Household Income
$230,774
Significantly above the national average
$71,702
Average Household Income
$219,358

Education and Workforce

High School Graduates
98.1%
College Graduates
85.2%
Significantly above the national average
34.1%
Advanced Degrees
52.9%
Significantly above the national average
13.3%
% Population in Labor Force
63.3%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
21°F
Average Summer High Temperature
86°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®®

17 / 100

Car-Dependent

Walk Score®®

43 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Wellesley
Paul Cottone
The Cottone Co., Real Estate
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