Wareham, MA—02576
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wareham, MA
As of Nov '25, the median home price in Wareham, MA is $479,000, with a year-over-year change of 0.9%. 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $479,000 | 0.9% |
| Single Family | $485,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $417,000 | 1.0% |
3 Bed | $512,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wareham, MA
As of July '25, Rentcast reports the average rent in Wareham, MA is $2,430, with a year-over-year rent change of -19.3%. Per bedroom, the median rent as of July '25 in Wareham, MA is 2-bedrooms: $2,150, 3-bedrooms: $3,000. The most common rental property sizes in Wareham, MA are 2-bedroom and 1-bedroom, accounting for 88.5% and 11.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $2,150 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wareham, MA
As of Nov '25, Realtor.com reports that the median days on market for a home in Wareham, MA is 40. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | 12.0% |
Listing Count | 4 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 40 | -17.0% |
Demographics — Wareham, MA
As of the latest ACS Survey released in 2023, Wareham, MA has a population of 4,500, which has remained stable by 0.7% over the past 5 years. Wareham, MA is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,500 | 0.7% |
% Under 18 | 17.8% | 0.6% |
% Seniors | 25.4% | 23.9% |
% WFH | 15.5% | 1,622.2% |
% w/ College Degree | 18.7% | -17.6% |
As of the latest ACS Survey released in 2023, Wareham, MA is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 4.6% 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 6.8% of the population in Wareham, MA, and this percentage has increased by 223.8% 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 | 82.3% | -4.6% |
% Black | 2.0% | 11.1% |
% Hispanic | 0.0% | -100.0% |
% Asian | 1.0% | -28.6% |
% Foreign Born | 6.8% | 223.8% |
Mortgage and Risk — Wareham, MA
According to HUD data as of 2023, there were 149 mortgage originations in Wareham, MA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Wareham, MA. Investor activity is low, as 1.0% 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 | 149 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Wareham, MA
Wareham, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,140 |
| 2 Bedroom | $750 | $1,800 | $2,550 |
| 3 Bedroom | $80 | $3,000 | $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 | 6.9 |
| Median Home Price | $479,000 |
| Median Household Income | $61,700 |