All Countries
Needham, MA
Full City Profile · Massachusetts · Norfolk County County
3.6
/5.0
B+
Good
32,059
Population
2,606/sq mi density
$212,241
Median Income
$100,288 per capita
$1,146,000
Home Value
$1,494,789 Zillow
$2,412
Median Rent
37.9% income on rent
49°F
Avg Temperature
246 sunny days/yr
32
Violent Crime/100K
432 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$212,241 median income, 3.0% unemployment
B+
Affordability
3.6 / 5.0
$1,146,000 home value, $2,412/mo rent
F
Safety
1.0 / 5.0
32 violent crimes/100K
A+
Education
5.0 / 5.0
80.8% bachelor's degree or higher
Housing Overview
Median Home Value
$1,146,000
307% above
US avg: $281,900
Median Rent
$2,412/mo
107% above
US avg: $1,163/mo
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
11,710
Median year built: 1963
Home Value by Source
Census Median
$1,146,000
Zillow (ZHVI)
$1,494,789
Median Sale Price
$2,025,000
Median List Price
$1,887,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.3%
Owner-Occupied
15.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$2,412/mo
· Zillow rent:
$3,247/mo
Market Indicators (Redfin)
Median Days on Market
17 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$551
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
37.9%
of renters spending 30%+ of income on housing
22% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
84.3%
Complete Housing Data
Home Values
| Census Median Value | $1,146,000 |
| Zillow Home Value (ZHVI) | $1,494,789 |
| Median Sale Price | $2,025,000 |
| Median List Price | $1,887,500 |
| Price Per Sq Ft | $551 |
Rent
| Census Median Rent | $2,412 |
| Zillow Rent (ZORI) | $3,247 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 17 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.0% |
| Homes Sold | 9 |
| Active Inventory | 20 |
| Price Per Sq Ft | $551 |
Ownership & Stock
| Owner-Occupied | 84.3% |
| Renter-Occupied | 15.7% |
| Homeownership Rate | 84.3% |
| Total Housing Units | 11,710 |
| Median Year Built | 1963 |
| Rent Burden | 37.9% |