Wellington, FL—33414
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellington, FL
As of Oct '25, the median home price in Wellington, FL is $608,000, with a year-over-year change of -5.3%. This indicates that home prices in Wellington, FL are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $608,000 | -5.3% |
| Single Family | $631,000 | -5.4% |
| Condos | $319,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $193,000 | -17.5% |
2 Bed | $363,000 | -7.4% |
3 Bed | $530,000 | -5.5% |
4 Bed | $691,000 | -5.3% |
| 5 Bed | $937,000 | -5.3% |
% of Housing Stock
Rental Trends — Wellington, FL
As of July '25, Rentcast reports the average rent in Wellington, FL is $4,030, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Wellington, FL is 1-bedrooms: $2,580, 2-bedrooms: $3,140, 3-bedrooms: $4,100, 4-bedrooms: $5,040. The most common rental property sizes in Wellington, FL are 3-bedroom and 2-bedroom, accounting for 44.4% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $4,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,120 | $2,580 |
| 2 Bed Rent | $2,500 | $3,140 |
| 3 Bed Rent | $3,390 | $4,100 |
| 4 Bed Rent | $4,300 | $5,040 |
% of Rental Stock
Property Listings — Wellington, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Wellington, FL is 86. This is a increase of 20.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $758,000 | -9.0% |
Listing Count | 503 | 4.0% |
| Listings as % of Homes | 1.3% | 4.0% |
Days on Market | 86 | 20.0% |
Demographics — Wellington, FL
As of the latest ACS Survey released in 2023, Wellington, FL has a population of 59,200, which has decreased by -3.4% over the past 5 years. Wellington, FL is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 45.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,200 | -3.4% |
% Under 18 | 25.4% | -1.9% |
% Seniors | 15.4% | -0.6% |
% WFH | 15.7% | 121.1% |
% w/ College Degree | 45.0% | 3.7% |
As of the latest ACS Survey released in 2023, Wellington, FL is a predominantly white area, with 47.1% of the population identifying as white. The white population has shrunk by 16.5% in the last 5 years. The second most common race or ethnicity in Wellington, FL is hispanic, making up 29.2% of the population. Foreign-born residents account for 26.3% of the population in Wellington, FL, and this percentage has increased by 9.1% 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 | 47.1% | -16.5% |
% Black | 13.7% | 0.0% |
% Hispanic | 29.2% | 20.7% |
% Asian | 5.8% | 48.7% |
% Foreign Born | 26.3% | 9.1% |
Mortgage and Risk — Wellington, FL
According to HUD data as of 2023, there were 80 mortgage originations in Wellington, FL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Wellington, FL. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 80 |
% Conventional Loans | 82.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Wellington, FL
As of 2024, the percent of homes in Wellington, FL under the Section 8 program is 6.7%. 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 Wellington, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 425 |
Total Units Section 8 | 425 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $2,120 | $2,330 |
| 2 Bedroom | $290 | $2,500 | $2,790 |
| 3 Bedroom | $250 | $3,390 | $3,640 |
| 4 Bedroom | $60 | $4,300 | $4,360 |
Affordability — Wellington, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $608,000 |
| Median Household Income | $106,000 |