02481 — Wellesley, MA Home Values
Typical home value $2,270,921 as of June 2026 · 5th of 272 in Boston-Cambridge-Newton, MA-NH
Blue: typical home value (Zillow ZHVI) in ZIP code 02481, June 2021 to June 2026. This page shows observed data only; no forecast.
How 02481 compares in the Boston-Cambridge-Newton, MA-NH area
ZIP code 02481 (Wellesley, MA) has a typical home value of $2,270,921 as of June 2026, ranking 5th of 272 ZIP codes tracked in the Boston-Cambridge-Newton, MA-NH area, more expensive than about 99% of ZIP codes in the metro. Prices here have moved +4.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +38.3%, from $1,641,545 in June 2021 to $2,270,921 in June 2026. Against observed rent, the typical home here sells for 51.7× the annual rent ($3,658/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Boston-Cambridge-Newton, MA-NH forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Boston.
Population and demographics
ZIP code 02481 has a population of 17,262, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76.1% White, 11.5% Asian, 5.3% two or more races, 4.3% Hispanic or Latino, 2.2% Black or African American, 0.3% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Wellesley Sr High | 50 Rice Street, Wellesley, MA | 0.6 mi |
| Wellesley Middle | 50 Kingsbury Street, Wellesley, MA | 0.8 mi |
| Sprague Elementary School | 401 School Street, Wellesley, MA | 1.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 02481?
$2,270,921 as of June 2026, the latest month Zillow has published observed data for.
Is 02481 an expensive ZIP code in the Boston-Cambridge-Newton, MA-NH area?
02481 ranks 5th of 272 ZIP codes in the Boston-Cambridge-Newton, MA-NH area by typical home value, more expensive than about 99% of ZIP codes in the metro.
How much have home values in 02481 changed over the past year?
+4.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 02481?
The typical home price is 51.7× the observed annual rent in this ZIP code ($3,658/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 02481?
17,262, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 02481?
Wellesley Sr High (0.6 mi), Wellesley Middle (0.8 mi), Sprague Elementary School (1.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 02481?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Boston-Cambridge-Newton, MA-NH forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.