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Needham

Why you'd want to live in Needham

Just southwest of the state capital of Massachusetts, Needham is a suburb of Boston and is considered one of the best places to live in Norfolk County for its highly rated schools, safe environment, and friendly atmosphere. Needham was incorporated in 1711 and has experienced many changes over its history. It was named after the town of Needham Market in England. Early settlers in the 1700’s relied on agriculture and lumbering to make it through the year. During the 1800’s, saw and grist mills were opening up along the Charles River. Finally, in the mid 19th century, Needham was seeing industrial growth and production, making the city feel more developed. Needham is now known to be one of the richest cities in Massachusetts. It is also the first town in the US to raise the age to legally buy tobacco to 21! Many Needham residents find their lives to be good since they are able to afford what they want, have friendly neighbors that will help out when needed, and are in a safe environment where kids can freely play. via massbaymovers.com

Needham Market Report

$1,955,590

AVERAGE PRICE OF 79 HOMES

$2,191,223

AVERAGE PRICE OF 13 DISTRESSED HOMES

$2,400,712

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$2,973,663

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$4,200,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$3,038,580

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $1,955,590
Avg Bedrooms 3.86 beds
Avg Bathrooms 3.85 baths

Average Price by Bedrooms

2 bedrooms $852,333
3 bedrooms $948,536
4 bedrooms $1,576,832
5 bedrooms $2,648,279
Needham Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 59 65 83 91 89
Average Price $1,781,398 $2,021,248 $1,998,751 $1,906,996 $1,925,905
Avg Price Change -13.46% +1.13% +4.81% -0.99% +1.48%
Median Price $1,350,000 $1,780,400 $1,831,964 $1,738,121 $1,672,100
Med Price Change -31.88% -2.90% +5.40% +3.95% +3.08%
Avg Bedrooms 3.58 beds 3.8 beds 4.01 beds 3.87 beds 3.78 beds
Avg Bathrooms 3.51 baths 3.87 baths 4.09 baths 3.9 baths 3.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Needham High 23 $2,086,035 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 79 $1,955,590 77 days
Distressed Homes 13 $2,191,223 49 days
Multi-Million Dollar Homes 57 $2,400,712 65 days
Newly Built Homes 27 $2,973,663 82 days
Homes with a Pool 2 $4,200,000 115 days
Reduced Price Homes 5 $3,038,580 54 days

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Berkshire Hathaway HomeServices Commonwealth Real Estate
Vasilina Waldron
4 West Mill St.
Medfield, MA 02052
508-292-6344

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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