Walpole, MA—02032
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walpole, MA
As of Oct '25, the median home price in Walpole, MA is $780,000, with a year-over-year change of -0.5%. This indicates that home prices in Walpole, MA are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $780,000 | -0.5% |
| Single Family | $802,000 | -1.0% |
| Condos | $526,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $593,000 | 0.0% |
3 Bed | $692,000 | -0.3% |
4 Bed | $1,064,000 | 0.1% |
| 5 Bed | $1,207,000 | 0.2% |
% of Housing Stock
Rental Trends — Walpole, MA
As of July '25, Rentcast reports the average rent in Walpole, MA is $3,190, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Walpole, MA is 1-bedrooms: $2,630, 2-bedrooms: $3,030, 3-bedrooms: $3,780, 4-bedrooms: $6,000. The most common rental property sizes in Walpole, MA are 2-bedroom and 1-bedroom, accounting for 85.3% and 8.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,960 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,550 | $2,630 |
| 2 Bed Rent | $2,900 | $3,030 |
| 3 Bed Rent | $3,800 | $3,780 |
| 4 Bed Rent | $6,000 | $6,000 |
% of Rental Stock
Property Listings — Walpole, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Walpole, MA is 74. This is a increase of 341.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $538,000 | 1.0% |
Listing Count | 3 | 57.0% |
| Listings as % of Homes | 0.2% | 57.0% |
Days on Market | 74 | 341.0% |
Demographics — Walpole, MA
As of the latest ACS Survey released in 2023, Walpole, MA has a population of 4,910, which has increased by 10.3% over the past 5 years. Walpole, MA is a popular place for families, as children make up 29.6% of the population. The area has a highly educated workforce, with 63.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,910 | 10.3% |
% Under 18 | 29.6% | 8.0% |
% Seniors | 14.3% | -2.7% |
% WFH | 35.7% | 495.0% |
% w/ College Degree | 63.6% | 8.5% |
As of the latest ACS Survey released in 2023, Walpole, MA is a predominantly white area, with 71.8% of the population identifying as white. The white population has shrunk by 14.9% in the last 5 years. The second most common race or ethnicity in Walpole, MA is asian, making up 13.1% of the population. Foreign-born residents account for 8.4% of the population in Walpole, MA, and this percentage has increased by 1.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.8% | -14.9% |
% Black | 2.7% | -18.2% |
% Hispanic | 7.0% | 366.7% |
% Asian | 13.1% | 63.7% |
% Foreign Born | 8.4% | 1.2% |
Mortgage and Risk — Walpole, MA
According to HUD data as of 2023, there were 157 mortgage originations in Walpole, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Walpole, MA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 157 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Walpole, MA
As of 2024, the percent of homes in Walpole, MA under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Walpole, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$410 | $2,550 | $2,140 |
| 2 Bedroom | -$350 | $2,900 | $2,550 |
| 3 Bedroom | -$720 | $3,800 | $3,080 |
| 4 Bedroom | -$2,610 | $6,000 | $3,390 |
Affordability — Walpole, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $780,000 |
| Median Household Income | $180,000 |