Wellfleet, MA—02667
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wellfleet, MA
As of Nov '25, the median home price in Wellfleet, MA is $917,000, with a year-over-year change of -2.4%. This indicates that home prices in Wellfleet, MA are decreasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $917,000 | -2.4% |
| Single Family | $971,000 | -2.5% |
| Condos | $475,000 | -1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $419,000 | -3.7% |
2 Bed | $691,000 | -3.8% |
3 Bed | $950,000 | -2.6% |
4 Bed | $1,135,000 | -1.1% |
| 5 Bed | $1,385,325 | -1.6% |
% of Housing Stock
Rental Trends — Wellfleet, MA
Wellfleet, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wellfleet, MA
As of Nov '25, Realtor.com reports that the median days on market for a home in Wellfleet, MA is 82. This is a decrease of -18.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,200,000 | -14.0% |
Listing Count | 38 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 82 | -18.0% |
Demographics — Wellfleet, MA
As of the latest ACS Survey released in 2023, Wellfleet, MA has a population of 3,920, which has increased by 15.9% over the past 5 years. Wellfleet, MA is a moderately popular place for families, as children make up 16.0% of the population. The area has a highly educated workforce, with 56.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,920 | 15.9% |
% Under 18 | 16.0% | 30.1% |
% Seniors | 30.3% | -7.9% |
% WFH | 19.4% | 22.0% |
% w/ College Degree | 56.2% | 8.1% |
As of the latest ACS Survey released in 2023, Wellfleet, MA is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Wellfleet, MA is hispanic, making up 1.8% of the population. Foreign-born residents account for 6.0% of the population in Wellfleet, MA, and this percentage has increased by 13.2% 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% | -2.7% |
% Black | 0.4% | -78.9% |
% Hispanic | 1.8% | 350.0% |
% Asian | 1.0% | -70.6% |
% Foreign Born | 6.0% | 13.2% |
Mortgage and Risk — Wellfleet, MA
According to HUD data as of 2023, there were 95 mortgage originations in Wellfleet, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 36.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Wellfleet, MA. Investor activity is low, as 2.0% 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 | 95 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 43.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Wellfleet, MA
Wellfleet, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,520 |
| 2 Bedroom | N/A | N/A | $2,000 |
| 3 Bedroom | N/A | N/A | $2,450 |
| 4 Bedroom | N/A | N/A | $2,820 |
Affordability — Wellfleet, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $917,000 |
| Median Household Income | $115,000 |