Walpole, Massachusetts.
Typical home $774,136 (+2.7% in a year), asking rent $2,772 (+2.8%). Boston-Cambridge-Newton, MA-NH metro.
to buy the typical home at today's mortgage rate — +$2,109 (+108%) since Jan 2020.
- 1 year
- Up $20,055 +3%
- $754,080$774,136 since Sep 2025
- 5 years
- Up $150,550 +24%
- $623,585$774,136 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Walpole$4,063
- Massachusetts$3,439
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Walpole, MA rose 2.7% over the past year — faster than the nation's +1.2%.
Asking rents in Walpole, MA rose 2.8% over the past year — in step with the nation.
Owning the typical home in Walpole runs $2,805/mo more than renting one. The gap peaked at $2,933 in Jan 2025.
That is $5,577 a month against $2,772 rent: a $4,063 mortgage payment, plus $685 property tax and $829 insurance & upkeep.
Owning vs renting — Walpole
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,577
- Renting$2,772
- Mortgage only$4,063
Property tax · $685/mo 1.06% of value a year — the ACS 2020-2024 median bill over the median home value for Norfolk County, MA
Insurance & upkeep · $829/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Walpole, Norfolk County, Massachusetts
Walpole, in Norfolk County, had 6,119 people in the 2020 census. Half its households earn more than $154,263 a year and half less, against $130,739 across Norfolk County; 6% of its people live below the poverty line. 82% of its homes are lived in by their owners and 18% are rented. Unemployment in Norfolk County was 4.0% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Walpole is a small Massachusetts community where most homes are lived in by their owners, and residents tend to be older than in many towns. Household incomes run well above the county's, and a four-year degree is common among adults. Homes are priced high and rents are steep, and winters are cold and snowy, with January the coldest month and July the warmest.
Work. Residents work mostly in schools, hospitals and social care, with many others in professional and business services, banks and insurance, and shops. Among the largest workplaces in Walpole are Walpole Schools, Big Y WC and Natick Walpole VNA. Commutes are fairly long, and a good number of people do their jobs from home.
Things to do. Gillette Stadium is a stadium a short drive away, and the Museum of Fine Arts Boston is a museum a longer drive away. The Arnold Arboretum, a botanical garden, and Walden Pond, a reservoir, are also a longer drive from town.
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- 2,689households
- 66%of adults have a degree
- 6%below the poverty line
- 33 mintypical commute
- 25%work from home
What residents work in
Employed residents by industry, from the Census survey. Norfolk County had 348,528 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 20°; warmest in July, with highs near 83° and lows near 63°. About 56 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Walpole weather station, 2 miles away (NOAA).
Largest workplaces in Walpole
- Walpole SchoolsSchool district536FTE
- Big Y WC104
- Natick Walpole VNAVisiting nurse associations90
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 194 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
FEMA rates every natural hazard here relatively low or very low.
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Walpole’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Norfolk County and the Boston-Cambridge-Newton, MA-NH metro.
Walpole home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Walpole$774,136
- Massachusetts$655,219
- United States$366,157
Sellers are cutting prices on about 1 in 5 Walpole listings, and the typical home goes pending in 12 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Walpole21.45%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Walpole78
New listings per month
Sellers arriving at the market.
- Walpole29
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Walpole$709,844
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Walpole103.16%
Zip codes with a Walpole address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Walpole — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Walpole
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 02081 | Walpole | 19,343 | $2,744 | $767,296 |
| 02032 | East Walpole | 4,992 | — | $801,420 |
| 02071 | South Walpole | 2,089 | — | $834,950 |