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Needham, MA Home Values and Rents

The typical home value in Needham is $1,538,127, 11th highest of 223 cities and towns in Massachusetts. Median rent is $3,702 a month.

Typical home value
$1,538,127
11th of 223 in MA
Median rent
$3,702/mo
Zillow observed rent
Price change, 1 year
+6.1%
Sep 2026
Homeownership
83.1%
MA: 62.5%

Home sale prices in the Boston-Cambridge-Newton, MA-NH area

Zillow median sale price, Sep 2026

$688,234+3.5% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Needham

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodNeedham
Sep 2026$1,538,127
Dec 2025$1,483,009
Dec 2024$1,436,507
Dec 2023$1,364,065
Dec 2022$1,226,661
Dec 2021$1,138,501
Dec 2020$1,017,965
Dec 2019$926,021
Dec 2018$927,091
Dec 2017$883,641
Dec 2016$851,289
Dec 2015$874,039
Dec 2014$867,352
Dec 2013$793,683
Dec 2012$740,780

Over five years, Needham prices changed +35.8%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
102492$1,218,800$2,070+8.8%+44.7%
202494$1,107,700$2,492+7.4%+32.0%

Fair Market Rents, FY2027

HUD rent standard for Brockton, MA HUD Metro FMR Area

MA rents
Unit sizeMonthly rentvs FY2026
Studio$1,678+2.9%
1 bedroom$1,842+4.6%
2 bedrooms$2,409+4.2%
3 bedrooms$3,015+4.4%
4 bedrooms$3,166+3.5%

Frequently asked questions

What is the typical home value in Needham, MA?
The typical home value in Needham is $1,538,127 (Zillow Home Value Index, Sep 2026). The Massachusetts median is $562,100.
How much is rent in Needham?
The median rent in Needham is $3,702 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,409.
Are home prices going up in Needham?
The typical home value in Needham changed +6.1% over one year and +35.8% over five years, as of Sep 2026.
How does Needham compare with the rest of Massachusetts?
Needham has the 11th highest median home value of 223 cities and towns with 1,000+ residents in Massachusetts.
Which ZIP code in Needham has the highest home values?
ZIP code 02492 has the highest median home value at $1,218,800, and 02494 has the lowest at $1,107,700.