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Housing in Needham

167 homes sold in Needham in the last year, at a typical $1.8M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Needham homes are listed.

Homes sold
167
June 2025 to May 2026
Typical sale price
$1.8M
median, weighted by sales
Price per square foot
$541
Massachusetts $392
Paid vs. asking
100.8%
45% sold over asking
For sale now
31
May 2026 · 19 sold that month
What sold · last 12 months

Houses are 97% of Needham’s sales, at a typical $1.8M

167 homes sold in the year to May 2026.

Houses$1.8M

typical sale · 162 sold in 12 months

Per square foot
$542MA $368
Days to sell
17
Sold over asking
44%
Listings with a price cut
26%
Fewer sales

Townhouses: 1 sold, typical $1.1M
Condos: 4 sold, typical $578K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

167 sales in the last year, against 247 in 2015 and a low of 146 in 2023. The typical sale went from $854K in 2016 to $1.8M.

Homes soldTypical sale price
062125187250$950K$1.3M$1.7M$2M2012: 243 sold, typical $696K’122013: 246 sold, typical $788K2014: 212 sold, typical $851K’142015: 247 sold, typical $848K2016: 213 sold, typical $854K’162017: 232 sold, typical $926K2018: 232 sold, typical $995K’182019: 226 sold, typical $1.1M2020: 216 sold, typical $1.2M’202021: 214 sold, typical $1.2M2022: 177 sold, typical $1.4M’222023: 146 sold, typical $1.6M2024: 151 sold, typical $1.6M’242025: 165 sold, typical $1.7MLast 12 months: 167 sold, typical $1.8MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.8M buys in Needham

Houseat $542 a sq ft
The same money in Massachusettsat $368 a sq ft

Is this asking price fair?

Check a listing against what Needham homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Needham are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Needham’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 167 sales.

If you’re buying in Needham

  • Shop in April. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (50% over asking).
  • Some room to negotiate. 26% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.8% of the list price on average; 45% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 33 a month), but May is the most competitive: 58% of May sales close over asking. February has the least competition (25%) but only about 17 new listings.

New listings a monthShare sold over asking
08.817.526.33520%40%60%Sweet spotJan: 12 new listings a month, 36% sold over asking, 46 days to sellJFeb: 17 new listings a month, 25% sold over asking, 48 days to sellFMar: 28 new listings a month, 50% sold over asking, 38 days to sellMApr: 33 new listings a month, 50% sold over asking, 28 days to sellAMay: 32 new listings a month, 58% sold over asking, 12 days to sellMJun: 26 new listings a month, 55% sold over asking, 12 days to sellJJul: 13 new listings a month, 50% sold over asking, 12 days to sellJAug: 13 new listings a month, 42% sold over asking, 23 days to sellASep: 25 new listings a month, 41% sold over asking, 27 days to sellSOct: 16 new listings a month, 40% sold over asking, 25 days to sellONov: 11 new listings a month, 42% sold over asking, 26 days to sellNDec: 5 new listings a month, 39% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Massachusetts as a whole

Needham now2017–192021 peakMA now
Sold over askingShare of sales that closed above the list price45%42%61%45%
Gone within two weeksShare of homes under contract within 14 days60%55%73%49%
Listings with a price cutShare of homes for sale that cut their price26%28%23%25%
Price paid vs. askingAverage sale price ÷ list price100.8%100.3%103.9%100.4%
Days to sellMedian days from listing to contract18201827
Supply

22 homes for sale on a typical day

That’s 1.5 times the 2021 low (15), 28% fewer than in 2017–19 and well under 2012’s 106.

2012: 106 for sale’122013: 70 for sale2014: 89 for sale2015: 44 for sale’152016: 49 for sale2017: 29 for sale2018: 33 for sale’182019: 32 for sale2020: 33 for sale2021: 15 for sale’212022: 18 for sale2023: 20 for sale2024: 22 for sale’242025: 23 for saleLast 12 months: 22 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 28% in 2017–19 and 25% across Massachusetts.

2015: 26%’152016: 27%2017: 33%2018: 27%’182019: 25%2020: 22%2021: 23%’212022: 29%2023: 28%2024: 22%’242025: 26%Last 12 months: 26%Now
Prices by type

Houses and condos, year by year

A house typically sold for $1.8M in the last year (162 sales), a condo for $578K (4).

$725K$1.2M$1.6M$2M2013201520172019202120232025NowHouses 2013: $813K, 229 salesHouses 2014: $872K, 200 salesHouses 2015: $861K, 228 salesHouses 2016: $862K, 203 salesHouses 2017: $935K, 226 salesHouses 2018: $1M, 228 salesHouses 2019: $1.1M, 215 salesHouses 2020: $1.3M, 200 salesHouses 2021: $1.3M, 195 salesHouses 2022: $1.4M, 165 salesHouses 2023: $1.6M, 142 salesHouses 2024: $1.7M, 145 salesHouses 2025: $1.8M, 160 salesHouses last 12 months: $1.8M, 162 salesHouses $1.8MCondos 2013: $368K, 4 salesCondos 2014: $389K, 4 salesCondos 2015: $398K, 6 salesCondos 2016: $427K, 8 salesCondos 2017: $371K, 4 salesCondos 2020: $547K, 5 salesCondos 2022: $486K, 7 salesCondos 2024: $598K, 5 salesCondos last 12 months: $578K, 4 salesCondos $578K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Massachusetts

Needham ranks 122nd of 206 busy Massachusetts markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Needham is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Needham

Five things worth knowing

33

New listings in April

The month with the most choice. December has the fewest, about 5.

Best time to buy
A+

Schools

The schools grade for Needham, from test results, graduation and how much students grow.

Schools in Needham
28 min

Typical commute

The average one-way trip to work for people who live in Needham.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Dedham, Dover, Westwood and Natick sell for less a square foot

The busier markets within 25 miles of Needham, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Newton882$1.5M$58931%30
Natick419$927K$45142%24
Wellesley293$2.1M$67135%26
Dedham266$770K$46052%23
Needham167$1.8M$54145%18
Westwood141$1.2M$50753%23
Dover67$2M$44628%45

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Needham, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Needham. People who follow the town see it, and so do people comparing Needham with their own town. No commission, no listing fee.

Questions about buying a home in Needham

What do homes sell for in Needham, MA?

167 homes sold in the year to May 2026 at a typical $1.8M, $541 a square foot.

Is Needham a buyer’s or seller’s market?

A seller’s market: 31 homes were for sale in May 2026 and 19 sold, about 1.6 months of supply. Buyers paid 100.8% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Needham?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Needham?

Zillow, Redfin, Realtor.com and Homes.com all carry Needham’s MLS listings; the search links above open each one filtered to Needham.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).