There are currently 3,554 real estate properties in Wellfleet, MA, with a median automated valuation model (AVM) price of $720,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wellfleet, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wellfleet, MA, is $767,549.00, with the most expensive house in Wellfleet, MA, topping out at $5,398,300.00 and the cheapest home in Wellfleet, MA, clocking in at $129,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Wellfleet, MA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wellfleet, MA, is on a rollercoaster ride. The average rent price in Wellfleet, MA, is $2,057.00. Indeed, when looking to rent in Wellfleet, MA, you can expect to pay as little as $860.00 or as much as $3,760.00, with the average rent median estimated to be $2,080.00. The good news is that finding an affordable and desirable property to rent in Wellfleet, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Wellfleet, MA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Wellfleet, MA and much more. Save thousands at closing with home foreclosure listings in Wellfleet, MA — up to 75% off market value!
Wellfleet is located in Barnstable, Massachusetts, with an estimated municipal population of 3,617 residents. All of the best foreclosed homes for sale in Wellfleet are located in the following zip code areas on Foreclosure.com: 02667 02663. The estimated population per square kilometer (.62 miles) in Wellfleet is 70.
So, about how much do homes cost in Wellfleet? The most recent median value of resident-owned homes in Wellfleet is 542,428. An estimated 85 percent of households in Wellfleet own their homes, with an average family size of 2.56. The median household income in Wellfleet is 74,639, with34.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wellfleet, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Wellfleet? If so, the average rent price paid by renters in Wellfleet is 1,196, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Wellfleet, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Wellfleet is 57.2, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Wellfleet is 45.7, with an average family size of 2.56.
The percentage of residents who report their race in Wellfleet is as follows:
|Black / African American||1.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Wellfleet? Or maybe you are searching for 55+ active adult communities in and/or near Wellfleet?
The percentage of residents who report their age in Wellfleet is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Wellfleet with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wellfleet.
How do you know that living in -- or moving to -- Wellfleet is right where you need to be? Perhaps you grew up in Wellfleet or already live nearby; therefore, the decision to buy a home in Wellfleet is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wellfleet for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Wellfleet:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wellfleet.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wellfleet can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wellfleet, meanwhile, can field multiple offers from more qualified buyers.