Market Report
Needham, MA Housing Market
The median sale price is $2.57M (+35.5% year over year). Homes are selling in a median of 18 days.
Prices & Activity
Median Sale Price
$2.57M
+35.5% YoYDays on Market
18
-13 days YoYMonths of Supply
1.1
-0.4 mo YoYActive Inventory
10
-33.3% YoYSale-to-List
98.1%
-1.8 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — Needham, MA
Days on Market — Needham, MA
Growth & Supply
Population
730,082
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Norfolk County
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Norfolk County
Renter-Occupied Homes
31.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Norfolk County
Migration — Norfolk County
Avg income of movers (latest year): in $114K · out $130K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Norfolk County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Norfolk County
1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)