Wellesley is known for its historic district, with homes built circa 1860. However, in the recent years, the town witnessed a surge in condominium developments. There are several two-unit town homes built on former two-family house lots. There is also an upscale condominium complex in the heart of Wellesley Square.
There are also new houses built on tear down lots. These new construction homes are found in almost every zoning district, every neighborhood, and every price range. There are also luxury houses with an acre or more of land.
Homes for sale in Wellesley have a median listing price of $1,498,000 and a price per square foot of $440.