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Wareham, MA—02538

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$454,000
0.3% YoY Growth
Household Income
$111,000
62.1% YoY Growth
Days on Market
32
124.0% Longer YoY
Home Price Forecast
1.6%
Median Rent
$3,500
23.7% YoY Growth
1-Bed Rent
$3,000
21.1% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$4,000
60.0% YoY Growth

Other Zip Codes in Wareham, MA

0257102576
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Wareham, MA

As of Dec '25, the median home price in Wareham, MA is $454,000, with a year-over-year change of -0.3%. This indicates that home prices in Wareham, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$454,000-0.3%
Single Family $457,000-0.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$400,000-1.7%
    3 Bed
    		$496,0001.0%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.1%
    1 Bedroom
    9.2%
    2 Bedrooms
    42.6%
    3 Bedrooms
    28.9%
    4 Bedrooms
    16.1%
    5+ Bedrooms
    1.2%

    Rental Trends — Wareham, MA

    As of July '25, Rentcast reports the average rent in Wareham, MA is $3,500, with a year-over-year rent change of 23.7%. Per bedroom, the median rent as of July '25 in Wareham, MA is 1-bedrooms: $3,000, 3-bedrooms: $4,000, 4-bedrooms: $3,500. The most common rental property sizes in Wareham, MA are 2-bedroom and 3-bedroom, accounting for 64.2% and 18.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,500$3,500
    Studio Rent N/AN/A
    1 Bed Rent $3,000$3,000
    2 Bed Rent N/AN/A
    3 Bed Rent $4,000$4,000
    4 Bed Rent $3,500$3,500
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    % of Rental Stock

    Studio
    9.1%
    1 Bedroom
    3.3%
    2 Bedrooms
    64.2%
    3 Bedrooms
    18.5%
    5+ Bedrooms
    4.9%

    Property Listings — Wareham, MA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Wareham, MA is 75. This is a increase of 147.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$565,00024.0%
    Listing Count
    		1152.0%
    Listings as % of Homes0.1%52.0%
    Days on Market
    		32124.0%
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    Demographics — Wareham, MA

    As of the latest ACS Survey released in 2023, Wareham, MA has a population of 4,560, which has increased by 24.8% over the past 5 years. Wareham, MA is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,56024.8%
    % Under 18
    		17.3%-10.8%
    % Seniors
    		17.8%109.4%
    % WFH
    		7.2%380.0%
    % w/ College Degree
    		22.4%73.6%
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    As of the latest ACS Survey released in 2023, Wareham, MA is a predominantly white area, with 91.8% of the population identifying as white. The white population has grown by 28.6% in the last 5 years. The second most common race or ethnicity in Wareham, MA is asian, making up 1.1% of the population. Foreign-born residents account for 1.5% of the population in Wareham, MA, and this percentage has decreased by 6.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.8%28.6%
    % Black
    		0.0%-100.0%
    % Hispanic
    		0.0%-100.0%
    % Asian
    		1.1%-31.2%
    % Foreign Born
    		1.5%-6.2%
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    Mortgage and Risk — Wareham, MA

    According to HUD data as of 2023, there were 130 mortgage originations in Wareham, MA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Wareham, MA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		130
    % Conventional Loans
    		84.0%
    % Government Loans
    		16.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Wareham, MA

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

    Section 8 Market Size

    Total Units under HUD
    		241
    Total Units Section 8
    		241
    % Rentals under Section 8
    		55.3%
    % Occupied Section 8
    		89.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$860$3,000$2,140
    2 BedroomN/AN/A$2,550
    3 Bedroom-$920$4,000$3,080
    4 Bedroom-$110$3,500$3,390

    Affordability — Wareham, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$454,000
    Median Household Income$111,000

    Wareham, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Onset

    02558

    Wareham, MA

    02571

    Bourne, MA

    02532

    Cranberry Village

    02366

    Bourne, MA

    02559

    Frequently Asked Questions