Wareham, MA—02571
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wareham, MA
As of Oct '25, the median home price in Wareham, MA is $460,000, 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 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $460,000 | 0.3% |
| Single Family | $465,000 | 0.2% |
| Condos | $388,000 | 1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $337,000 | -0.9% |
2 Bed | $397,000 | -0.3% |
3 Bed | $494,000 | 1.0% |
4 Bed | $567,000 | 1.8% |
| 5 Bed | $695,000 | 1.8% |
% of Housing Stock
Rental Trends — Wareham, MA
As of July '25, Rentcast reports the average rent in Wareham, MA is $2,390, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Wareham, MA is 1-bedrooms: $1,600, 2-bedrooms: $2,610, 3-bedrooms: $2,640. The most common rental property sizes in Wareham, MA are 1-bedroom and 2-bedroom, accounting for 45.2% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,600 |
| 2 Bed Rent | $2,500 | $2,610 |
| 3 Bed Rent | $2,480 | $2,640 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wareham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wareham, MA is 54. This is a increase of 4.0% 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 | $600,000 | 11.0% |
Listing Count | 35 | -12.0% |
| Listings as % of Homes | 0.4% | -12.0% |
Days on Market | 54 | 4.0% |
Demographics — Wareham, MA
As of the latest ACS Survey released in 2023, Wareham, MA has a population of 10,500, which has decreased by -3.6% over the past 5 years. Wareham, MA is a less popular place for families, as children make up 10.8% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | -3.6% |
% Under 18 | 10.8% | -53.8% |
% Seniors | 31.8% | 51.4% |
% WFH | 10.0% | 233.3% |
% w/ College Degree | 31.8% | 21.8% |
As of the latest ACS Survey released in 2023, Wareham, MA is a predominantly white area, with 79.3% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Wareham, MA is black, making up 2.0% of the population. Foreign-born residents account for 5.1% of the population in Wareham, MA, and this percentage has increased by 15.9% 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 | 79.3% | -4.1% |
% Black | 2.0% | -41.2% |
% Hispanic | 0.6% | -87.0% |
% Asian | 0.9% | 50.0% |
% Foreign Born | 5.1% | 15.9% |
Mortgage and Risk — Wareham, MA
According to HUD data as of 2023, there were 105 mortgage originations in Wareham, MA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Wareham, MA. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 105 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Wareham, MA
Wareham, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 303 |
Total Units Section 8 | 300 |
% Rentals under Section 8 | 29.5% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $740 | $1,400 | $2,140 |
| 2 Bedroom | $50 | $2,500 | $2,550 |
| 3 Bedroom | $600 | $2,480 | $3,080 |
| 4 Bedroom | N/A | N/A | $3,390 |
Affordability — Wareham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $460,000 |
| Median Household Income | $87,300 |