Market Intelligence · MA / Norfolk County

Needham, MA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$1.64M1-yr changeUp6.3%

The typical home value in Needham, MA is $1.64M as of September 2026, up 6.3% from a year ago, based on the Zillow Home Value Index. In the typical Needham ZIP code, the median list price is $2.19M and homes spend a median of 53 days on market as of September 2026 (Realtor.com).

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The coverage

Needham, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.64M
1-yr changeMedian across Needham ZIPs
+6.3%
ZIP markets live
1
County
Norfolk County

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12-month value trend

+6.3% over 12 months

Typical home value in Needham over the last 12 months: $1.54M in Sep 2025 to $1.64M in Sep 2026 (+6.3%).

Sep 2025$1.54M

Sep 2026$1.64M

Median Zillow home value index across Needham's ZIP codes.

Context

Needham's housing market shows modest strength as of September 2026. The typical home value stands at $1,640,933, up 6.3% over the past year. There are 39 homes for sale, with a median list price of $2,195,000 and a median time on market of 53 days. New listings have come in at 30, while 10.2% of active listings have seen a price cut. For homeowners considering a sale, the market remains active but not frenzied, with enough inventory and a reasonable timeframe to find a buyer.

The numbers

What is the housing market like in Needham, MA?

Typical home value

$1.64M

Up6.3%YoY

Median list price

$2.19M

Days on market

53

Homes for sale

39

Price cuts

10.2%

New listings

30

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Needham's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Needham, MA home prices over time

Typical home values in Needham, MA are up 6.3% over the past year, from $1.54M in September 2025 to $1.64M in September 2026.

Typical home value in Needham, MA, September of each year
MonthTypical value1-yr change
September 2026$1,640,933+6.3%
September 2025$1,543,976No prior year

Typical value is the median Zillow Home Value Index across Needham ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Needham, MA a buyer's or seller's market?

Needham, MA leans toward a seller's market.

Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 53 days on market and 10% of listings with a price cut in the typical Needham ZIP code, and 30 new listings against 39 active listings across Needham, as of September 2026 (Realtor.com).

The outlook

Needham housing market forecast 2027

+1.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Needham ZIP code, points to typical home values rising 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in Needham rose 6.3%, per the Zillow Home Value Index.

Will home prices drop in Needham?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Needham shows typical home values rising 1.4% by September 2027, after a 6.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Needham ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Needham?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Needham, MA home prices.

What is a typical home value in Needham?

As of September 2026, the typical home value in Needham is $1,640,933, which is up 6.3% over the past year.

How many homes are for sale in Needham right now?

There are 39 homes for sale in Needham as of September 2026, with a median list price of $2,195,000.

How long do homes typically stay on the market in Needham?

The median days on market is 53 as of September 2026, indicating a moderate pace of sales activity.

Are home prices going up or down in Needham, MA?

Typical home values in Needham, MA are up 6.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Needham, MA a buyer's or seller's market?

Needham, MA leans toward a seller's market. Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 53 days on market and 10% of listings with a price cut in the typical Needham ZIP code, and 30 new listings against 39 active listings across Needham, as of September 2026 (Realtor.com).

Nearby markets

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