The Wellington market

Market report · City · Aug 2026

The Wellington market, in numbers

Homes in Wellington typically sell in about 65.5 days, prices are down 7.2% on a year ago. With 66.0 months of inventory, it’s a buyer’s market.

Median sale price

$534k

↑ +18.1% MoM↓ −7.2% YoY

4 sales closed in Aug 2026

Median rent

$3,000/mo

↓ −26.4% MoM↑ +11.3% YoY

5 leases closed in Aug 2026

Time to sell

65.5 days

typical days on market

Days from listing to going under contract.

Months of inventory

66.0 mo

buyer’s market

Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.

Gross rental yield

6.7%

yearly rent ÷ sale price

A year of median rent as a share of the median sale price.

Your questions, answered

Straight answers from Wellington’s closed transactions.

What does a home here cost?

The median sale closed at $534k in Aug 2026, down 7.2% on a year ago. Typical sales ranged $282k–$779k.

What income do you need to buy here?

At a 6.5% 30-year mortgage with 20% down, the median home runs about $3,848/mo including taxes and HOA — comfortable at a household income around $154k a year, using the 30% rule. Renting instead costs $3,000/mo.

Is now a good time to buy?

66.0 months of inventory points to a buyer’s market. Prices have eased over the past year, which favors patient buyers.

How fast do homes sell?

About 65.5 days from listing to contract in Aug 2026. The pace picks up toward August and slows around November.

How much room is there to negotiate?

Not enough closed sales this month to measure — the price-cut chart below is the best proxy.

When is the best time to list?

Closings peak in August and bottom out around November. Listing four to six weeks ahead of the peak historically gets the most eyes.

Is it a good rental investment?

A year of median rent ($3,000/mo) equals 6.7% of the median sale price, before fees and taxes.

Buying vs renting

Price-to-rent ratio is 14.8 — buying typically starts to beat renting after roughly 3–4 years here.

To buy — median sale price

Sale price, $

$534k↑ +18.1% MoM↓ −7.2% YoY

Aug 2026 — median $534k · 4 sales · 65.5 days on market

$1.0M

$2.0M

$3.0M

Sep ’25

Nov ’25

Jan ’26

Mar ’26

May ’26

Jul ’26

To rent — median monthly rent

Monthly rent, $

$3,000/mo↓ −26.4% MoM↑ +11.3% YoY

Aug 2026 — median $3,000/mo · 5 leases · 22 days on market

$1,000

$2,000

$3,000

$4,000

$5,000

Sep ’25

Nov ’25

Jan ’26

Mar ’26

May ’26

Jul ’26

MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.

What each size costs

Medians over the last 12 months.

Beds

To buy

To rent

Volume

2 beds

$339k

$2,409/mo

18 closed

3 beds

$541k

$3,237/mo

23 closed

What sells here

Sales mix and median price by property type, last 12 months.

Condo

$210k

3% of sales · 1 closed

Low sample

House

$709k

93% of sales · 27 closed

Townhouse

$385k

3% of sales · 1 closed

Low sample

Market depth

Supply and demand

Listings per month

Aug 2026 — 4 closed · 7 new · 286 active

100

200

300

400

Sep ’24

Dec ’24

Mar ’25

Jun ’25

Sep ’25

Dec ’25

Mar ’26

Jun ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in August

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Aug 2026 — 44% of active listings cut · median cut 5.6%

25%

50%

75%

Sep ’24

Dec ’24

Mar ’25

Jun ’25

Sep ’25

Dec ’25

Mar ’26

Jun ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

$0.13 per sqft · Aug 2026

$0.00

$0.20

$0.40

$0.60

$0.80

Sep ’24

Dec ’24

Mar ’25

Jun ’25

Sep ’25

Dec ’25

Mar ’26

Jun ’26

Median monthly HOA fee per square foot among closed sales.

How neighbourhoods compare across Wellington

Median sale price, last 12 months. Tap a row to open its report.

Paddock Park of Wellington

$2.32M

The Landings at Wellington

$795k↓ −39.3% YoY

Olympia

$732k

Sugar Pond Manor of Wellington

$447k

Villagewalk of Wellington

$420k

Palm Beach Polo and Country Club

$230k

Homes for sale in Wellington →Rentals in Wellington →

Based on 122 closed transactions over the period shown · Updated Sep 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.