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These days, finding an affordable place to live in the South Wellfleet area can be challenging. Home prices in South Wellfleet are now at a median cost of $884,259, higher than the Massachusetts average of $625,090.
The average cost of rent is $1,563/mo in South Wellfleet, primarily driven by the current value of real estate in the South Wellfleet area. In South Wellfleet, 21.89% of households rent, and 54.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Wellfleet is $9,212 per month. Households that rent pay about 16.97% of their income on rent here. South Wellfleet’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wellfleet, MA: equally priced homes
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