Wales, MA 01081 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wales, MA—01081

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$351,000

4.4% YoY Growth

Household Income

$87,300

59.8% YoY Growth

Days on Market

66.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$2,700

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,700

N/A

Home Price Trends — Wales, MA

As of May '26, the median home price in Wales, MA is $351,000, with a year-over-year change of 4.4%. This indicates that home prices in Wales, MA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$351,000	4.4%
Single Family	$352,000	5.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wales, MA

Wales, MA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,700	$2,700
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,700	$2,700
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

21.0%

2 Bedrooms

30.6%

3 Bedrooms

33.9%

4 Bedrooms

9.7%

5+ Bedrooms

4.8%

Property Listings — Wales, MA

As of May '26, Realtor.com reports that the median days on market for a home in Wales, MA is 69. This is a decrease of -66.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$460,000	-4.0%
Listing Count	10	9.0%
Listings as % of Homes	0.8%	9.0%
Days on Market	69	-66.0%

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Demographics — Wales, MA

As of the latest ACS Survey released in 2023, Wales, MA has a population of 1,700, which has decreased by -12.2% over the past 5 years. Wales, MA is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,700	-12.2%
% Under 18	23.8%	-1.7%
% Seniors	16.3%	-4.7%
% WFH	10.8%	111.8%
% w/ College Degree	27.0%	32.4%

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As of the latest ACS Survey released in 2023, Wales, MA is a predominantly white area, with 92.5% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Wales, MA is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.0% of the population in Wales, MA, and this percentage has decreased by 71.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.5%	-1.2%
% Black	0.6%	200.0%
% Hispanic	3.0%	-43.4%
% Asian	0.4%	∞%
% Foreign Born	1.0%	-71.4%

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Mortgage and Risk — Wales, MA

Wales, MA lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Wales, MA

Wales, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	0
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,260
2 Bedroom	N/A	N/A	$1,570
3 Bedroom	-$790	$2,700	$1,910
4 Bedroom	N/A	N/A	$2,140

Wales, MA—01081

Key Metrics at a Glance

Home Price Trends — Wales, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wales, MA

% of Rental Stock

Property Listings — Wales, MA

Demographics — Wales, MA

Race and Ethnicity

Mortgage and Risk — Wales, MA

Mortgages

Rentals and Section 8 — Wales, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Wales, MA

Home Price to Income Ratio

Wales, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Holland, MA

Brimfield, MA

Stafford Springs, CT

Monson, MA

Sturbridge, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$351,000
Median Household Income	$87,300

Wales, MA—01081

Key Metrics at a Glance

Home Price Trends — Wales, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wales, MA

% of Rental Stock

Property Listings — Wales, MA

Demographics — Wales, MA

Race and Ethnicity

Mortgage and Risk — Wales, MA

Mortgages

Rentals and Section 8 — Wales, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Wales, MA

Home Price to Income Ratio

Wales, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Holland, MA

Brimfield, MA

Stafford Springs, CT

Monson, MA

Sturbridge, MA

Frequently Asked Questions

What is the average home price in Wales, MA 01081?

How have home prices in Wales, MA 01081 changed over the past year?

What is the home price projection for Wales, MA 01081?

What are the demographics of Wales, MA 01081?

How long does it take homes to sell in Wales, MA 01081?

What is the average rent price in Wales, MA 01081?