Housing in Needham, MA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$2,574,500
Median List Price
$2,300,000
Price Per Sq Ft
$538
Days on Market
18
Active Inventory
11
Months of Supply
1.2
Seller's market
Zillow Home Value
$1,471,816
ZHVI — January 2026
Zillow Rent Index
$3,137
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
22.2%
Off Market in 2 Weeks
42.9%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
7
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$538
Median List $/SF
$526
Needham vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Needham is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$1,146,000
Median Rent
$2,412
Total Housing Units
11,754
Vacancy Rate
3.0%
Owner Occupied
84.3%
Renter Occupied
15.7%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,549
Housing Types
The current median sale price in Needham, MA is $2,574,500 according to Redfin data. Homes spend a median of 18 days on the market. 22.2% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $538. Zillow's observed rent index is $3,137/month. About 84.3% of housing units are owner-occupied. The median year homes were built is 1964. There are 11,754 total housing units.