Wenham, MA 01984 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wenham, MA—01984

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,027,000

4.7% YoY Growth

Household Income

$188,000

71.0% YoY Growth

Days on Market

73.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$3,500

37.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$4,000

N/A

3-Bed Rent

N/A

Home Price Trends — Wenham, MA

As of Dec '25, the median home price in Wenham, MA is $1,027,000, with a year-over-year change of 4.7%. This indicates that home prices in Wenham, MA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,027,000	4.7%
Single Family	$1,032,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wenham, MA

As of July '25, Rentcast reports the average rent in Wenham, MA is $3,750, with a year-over-year rent change of 37.9%. Per bedroom, the median rent as of July '25 in Wenham, MA is 2-bedrooms: $4,000, 4-bedrooms: $3,500. The most common rental property sizes in Wenham, MA are 1-bedroom and 2-bedroom, accounting for 53.4% and 18.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,500	$3,750
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$4,000	$4,000
3 Bed Rent	N/A	N/A
4 Bed Rent	$3,500	$3,500

Loading chart...

% of Rental Stock

Studio

5.8%

1 Bedroom

53.4%

2 Bedrooms

18.5%

3 Bedrooms

4.8%

4 Bedrooms

13.2%

5+ Bedrooms

4.2%

Property Listings — Wenham, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Wenham, MA is 25. This is a decrease of -73.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,990,000	-26.0%
Listing Count	8	93.0%
Listings as % of Homes	0.5%	93.0%
Days on Market	64	-73.0%

Loading chart...

Demographics — Wenham, MA

As of the latest ACS Survey released in 2023, Wenham, MA has a population of 4,930, which has decreased by -5.3% over the past 5 years. Wenham, MA is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 69.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,930	-5.3%
% Under 18	17.7%	5.4%
% Seniors	14.2%	-9.6%
% WFH	25.7%	42.8%
% w/ College Degree	69.9%	4.0%

Loading chart...

As of the latest ACS Survey released in 2023, Wenham, MA is a predominantly white area, with 88.7% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Wenham, MA is hispanic, making up 5.3% of the population. Foreign-born residents account for 5.6% of the population in Wenham, MA, and this percentage has decreased by 20.0% 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	88.7%	0.6%
% Black	2.0%	-4.8%
% Hispanic	5.3%	1.9%
% Asian	2.2%	-40.5%
% Foreign Born	5.6%	-20.0%

Loading chart...

Mortgage and Risk — Wenham, MA

According to HUD data as of 2023, there were 80 mortgage originations in Wenham, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Wenham, MA. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	80
% Conventional Loans	100.0%
% Government Loans	0.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

Loading chart...

Rentals and Section 8 — Wenham, MA

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

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$2,140
2 Bedroom	-$1,450	$4,000	$2,550
3 Bedroom	N/A	N/A	$3,080
4 Bedroom	-$110	$3,500	$3,390

Wenham, MA—01984

Key Metrics at a Glance

Home Price Trends — Wenham, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wenham, MA

% of Rental Stock

Property Listings — Wenham, MA

Demographics — Wenham, MA

Race and Ethnicity

Mortgage and Risk — Wenham, MA

Mortgages

Rentals and Section 8 — Wenham, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Wenham, MA

Home Price to Income Ratio

Wenham, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Hamilton, MA

Beverly, MA

Prides Crossing

Topsfield, MA

Danvers, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$1,027,000
Median Household Income	$188,000

Wenham, MA—01984

Key Metrics at a Glance

Home Price Trends — Wenham, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wenham, MA

% of Rental Stock

Property Listings — Wenham, MA

Demographics — Wenham, MA

Race and Ethnicity

Mortgage and Risk — Wenham, MA

Mortgages

Rentals and Section 8 — Wenham, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Wenham, MA

Home Price to Income Ratio

Wenham, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Hamilton, MA

Beverly, MA

Prides Crossing

Topsfield, MA

Danvers, MA

Frequently Asked Questions

What is the average home price in Wenham, MA 01984?

How have home prices in Wenham, MA 01984 changed over the past year?

What is the home price projection for Wenham, MA 01984?

What are the demographics of Wenham, MA 01984?

How long does it take homes to sell in Wenham, MA 01984?

What is the average rent price in Wenham, MA 01984?