What are current home values in Needham, MA?

The median home value in Needham, MA is $1,573,952 as of July 2026. This represents a 0.4% increase compared to last month and a 5.8% increase year-over-year.

How have home values changed in Needham, MA?

Home values in Needham, MA have increased by 0.4% month-over-month and 5.8% year-over-year.

How do home values in Needham, MA compare to Norfolk County, Massachusetts, and the national average?

The median home value in Needham, MA ($1,573,952) compares to: Norfolk County ($781,743), Massachusetts ($669,053), and the U.S. national median ($371,774).

Needham, MA Housing Market

$1,573,952

5.8% 1-yr

The average Needham, MA home value is $1,573,952, up 5.8% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Needham Key Takeaways

Typical Home Values: $1,573,952

1-Year Value Change: +5.8%

(Data through July 31, 2026)

Needham Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 100 (July 31, 2026)

New Listings: 38 (July 31, 2026)

Median Sale to List Ratio: 1.017 (June 30, 2026)

Median Sale Price: $1,568,000 (June 30, 2026)

Median List Price: $1,813,333 (July 31, 2026)

Percent of Sales Over List Price: 56.1% (June 30, 2026)

Percent of Sales Under List Price: 36.6% (June 30, 2026)

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Needham

NameMedian ZHVI
Newton Upper Falls$1,278,482
Dexter$1,358,790
Oak Hill$1,929,932
Waban$2,209,752
Riverdale$710,151
Newton Highlands$1,880,582
Newton Lower Falls$1,352,710
Thompsonville$1,081,548
West Roxbury$808,229

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Needham Homes for Sale

$1,299,000

4 bd3 ba2,448 sqft

523 Greendale Ave

View Needham listings

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Needham Rental Market Trends

Average Rent: $3,379 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.6% (July 31, 2026)

Year-Over-Year Change: -0.1% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.