Wellesley, MA Real Estate
According to census data in the year 2000 there were 8,861 housing units in Wellesley.
This represents a 1.1% growth from 8,764 in 1990.
Of those housing units, 8,861 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wellesley is about 83.1%.
Wellesley's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Wellesley were built after 1946.
|Housing Units by Size|
|Five Bedrooms or more||15.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1946|
|Median Value of occupied units||$548,100|
|Median Price asked for vacant units||$847,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1949|
|Median Monthly Rent asked for vacant units||$923|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||12.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.4%|