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Babson Park (Babson) Waban

WELLESLEY HILLS, MA 02481

Real Estate Market Report  ·  Norfolk County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02481

Babson Park (Babson) · Waban

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WELLESLEY HILLS, MA real estate market (02481) currently shows 32 active listings, with 4 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 17 days on market compared to 25 days last year.

The median listing price has fallen 12% year-over-year, from $3,295,000 to $2,899,000.

Whether you are buying or selling in WELLESLEY HILLS, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,100  ·  Density: 1,084.2/mi²  ·  Median household income: $250,001

Typical home value: $1,536,300  ·  Homeownership: 88.8%

Market Overview

Active Listings
32
⇧ 10.3% vs 29 last year
Pending
4
13% pending ratio
Median Price
$2,899,000
⇩ 12% vs $3,295,000 last year
Average Price
$3,557,776
⇩ 17.6% vs $4,318,070 last year
Days on Market
17
⇩ 32% vs 25 days last year

Price Per Square Foot

Median $/sqft
$667
⇧ 0.5% vs $664/sqft last year
Median Home Size
4,785 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 29 last year
  • Days on market: 17 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $2,899,000 (-12% YoY)
  • Average: $3,557,776 (-17.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.8 miles — 270 listings ($742,551,032 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02481Wellesley Hills, MA 024810.0 mi23$89,821,049$3,436,500$3,905,263
02462Newton Lower Falls, MA 024621.8 mi1$3,100,000$3,100,000$3,100,000
02468Waban, MA 024682.6 mi10$28,421,730$2,656,250$2,842,173
02492Needham, MA 024922.9 mi24$66,438,336$3,136,000$2,768,264
02493Weston, MA 024933.5 mi25$206,582,500$5,014,500$8,263,300
02465West Newton, MA 024653.8 mi11$28,431,942$1,595,000$2,584,722
02459Newton Center, MA 024594.4 mi30$99,843,180$3,295,750$3,328,106
02460Newtonville, MA 024604.6 mi12$20,490,528$1,901,250$1,707,544
01778Wayland, MA 017785.3 mi16$22,596,528$1,162,500$1,412,283
02467Chestnut Hill, MA 024676.0 mi35$88,388,265$1,531,000$2,525,379
02132West Roxbury, MA 021326.4 mi22$18,464,820$764,500$839,310
02472Watertown, MA 024726.6 mi36$29,334,204$642,500$814,839
02026Dedham, MA 020266.8 mi25$40,637,950$1,212,222$1,625,518

Frequently Asked Questions

How many homes are for sale in WELLESLEY HILLS, MA 02481?

As of March 2026, there are 32 active listings in WELLESLEY HILLS, MA (zip code 02481), compared to 29 the prior year.

What is the median home price in WELLESLEY HILLS, MA 02481?

The median listing price in WELLESLEY HILLS, MA 02481 is $2,899,000 as of March 2026, a 12% decrease from $3,295,000 the prior year.

How long do homes stay on the market in WELLESLEY HILLS, MA?

Homes in WELLESLEY HILLS, MA 02481 spend an average of 17 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in WELLESLEY HILLS, MA 02481?

Based on current inventory and days-on-market data as of March 2026, WELLESLEY HILLS, MA 02481 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 17 days on market compared to 25 days last year.

How much can I save on real estate commission in WELLESLEY HILLS, MA?

With SELL123.com's maximum 3% commission, sellers in WELLESLEY HILLS, MA 02481 save an estimated $57,980 compared to a typical 5% commission on the median listing price of $2,899,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.