Why Live in Wellesley Square
Wellesley Square is characterized by its historic homes, including center-entrance Colonial Revivals, Victorian Colonial Revivals, and Cape Cods, with many properties dating from the 1850s to the 1950s. The neighborhood features smaller lots compared to nearby areas, with sizes ranging from several thousand square feet to a quarter acre. Residents enjoy numerous parks and outdoor spaces such as Morton Park, Sprague Field, and Morses Pond, which offers a public swim beach and winter ice-skating. The area is well-connected with walking trails like Crosstown Trail and Brook Path. Wellesley Square serves as the town center, hosting a mix of independent and chain stores, restaurants, and businesses along Central Street and Linden Square. Notable dining options include Cafe Mangal and Juniper. The neighborhood is home to highly rated schools, including John D. Hardy Elementary School, Isaac Sprague Elementary School, Wellesley Middle School, Wellesley High School, and the private Dana Hall School. The Wellesley Square train station provides convenient access to Boston’s South Station, and major routes like Massachusetts Route 9 and interstates 90 and 95 are nearby. Community events such as Wellesley Wonderful Weekend and the Taste of Wellesley fundraiser foster a strong sense of community. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and professionals alike.
Frequently Asked Questions
Is Wellesley Square a good place to live?
Wellesley Square is a good place to live. Wellesley Square is considered fairly walkable and somewhat bikeable. It has a median age of 48. The average household income is $197,438 which is above the national average. College graduates make up 68.1% of residents. A majority of residents in Wellesley Square are home owners, with 29.2% of residents renting and 70.8% of residents owning their home. A
local real estate agent serving Wellesley Square can help you decide if this neighborhood is the right one for you. Learn more on our
Wellesley Square neighborhood guide.
How much do you need to make to afford a house in Wellesley Square?
The median home price in Wellesley Square is $2,172,500. If you put a 20% down payment of $434,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $11,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $474K a year to afford the median home price in Wellesley Square. The average household income in Wellesley Square is $197K.
What are the best public schools in Wellesley Square?
The best public schools that serve Wellesley Square are:
What are the best private schools in Wellesley Square?
The best private schools that serve Wellesley Square are:
- The Rivers School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.4.
- Dana Hall School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.3.
- Tenacre Country Day School has a B+ Niche grade, a student teacher ratio of 6:1 and an average review score of 3.3.
What are the most popular zip codes in Wellesley Square, Wellesley, MA?
What are the most popular neighborhoods near Wellesley Square, Wellesley, MA?
Home Trends in Wellesley Square, MA
On average, homes in Wellesley Square, Wellesley sell after 25 days on the market compared to the national average of 52 days. The median sale price for homes in Wellesley Square, Wellesley over the last 12 months is $1,985,000, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$1,985,000
Median Single Family Sale Price
$1,730,000
Median Townhouse Sale Price
$790,000
Median 2 Bedroom Sale Price
$2,249,900
Median 1 Bedroom Sale Price
$1,310,450
Average Price Per Sq Ft
$1,002
Number of Homes for Sale
4
Last 12 months Home Sales
34
Median List Price
$2,172,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%