Walpole, MA—02081
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 $749,000, with a year-over-year change of 0.3%. This indicates that home prices in Walpole, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $749,000 | 0.3% |
| Single Family | $796,000 | 0.0% |
| Condos | $547,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $562,000 | 2.6% |
3 Bed | $700,000 | 0.6% |
4 Bed | $955,000 | 0.2% |
| 5 Bed | $1,171,000 | 1.4% |
% of Housing Stock
Rental Trends — Walpole, MA
As of July '25, Rentcast reports the average rent in Walpole, MA is $2,990, with a year-over-year rent change of 0.3%. Per bedroom, the median rent as of July '25 in Walpole, MA is studios: $2,220, 1-bedrooms: $2,410, 2-bedrooms: $3,000, 3-bedrooms: $3,880, 4-bedrooms: $6,700. The most common rental property sizes in Walpole, MA are 1-bedroom and 2-bedroom, accounting for 38.4% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,670 | $2,990 |
| Studio Rent | $2,270 | $2,220 |
| 1 Bed Rent | $2,400 | $2,410 |
| 2 Bed Rent | $2,830 | $3,000 |
| 3 Bed Rent | $3,900 | $3,880 |
| 4 Bed Rent | $6,800 | $6,700 |
% 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 24. This is a increase of 72.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $809,000 | 15.0% |
Listing Count | 27 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 24 | 72.0% |
Demographics — Walpole, MA
As of the latest ACS Survey released in 2023, Walpole, MA has a population of 19,700, which has increased by 1.7% over the past 5 years. Walpole, MA is a moderately popular place for families, as children make up 24.1% of the population. The area has a highly educated workforce, with 61.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | 1.7% |
% Under 18 | 24.1% | -4.7% |
% Seniors | 17.8% | 1.1% |
% WFH | 23.7% | 364.7% |
% w/ College Degree | 61.3% | 16.3% |
As of the latest ACS Survey released in 2023, Walpole, MA is a predominantly white area, with 87.8% 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 Walpole, MA is hispanic, making up 4.4% of the population. Foreign-born residents account for 10.6% of the population in Walpole, MA, and this percentage has increased by 7.1% 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 | 87.8% | 0.6% |
% Black | 2.0% | 66.7% |
% Hispanic | 4.4% | -27.9% |
% Asian | 2.6% | -21.2% |
% Foreign Born | 10.6% | 7.1% |
Mortgage and Risk — Walpole, MA
According to HUD data as of 2023, there were 293 mortgage originations in Walpole, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Walpole, MA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 293 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Walpole, MA
As of 2024, the percent of homes in Walpole, MA under the Section 8 program is 8.4%. This is considered low, suggesting that the neighborhood is sparsely 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 | 122 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $2,400 | $2,140 |
| 2 Bedroom | -$280 | $2,830 | $2,550 |
| 3 Bedroom | -$820 | $3,900 | $3,080 |
| 4 Bedroom | -$3,410 | $6,800 | $3,390 |
Affordability — Walpole, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $749,000 |
| Median Household Income | $150,000 |