Market Intelligence · MA / Needham

Needham, MA 02492 Housing Market

The typical home value in Needham, MA 02492 is $1,640,933, up 6.3% over the past year. Homes are listing at a median price of $2,195,000 and spending a median of 53 days on market.

Updated September 2026Median value$1641K

The median home value in Needham, MA 02492 is $1.64M as of September 2026, up 6.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 02492 range

$1.51M to $1.77M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.3% over 12 months

Sep 2025$1.54M

Low $1.54MHigh $1.64M

Sep 2026$1.64M

The numbers

What is the 02492 housing market like?

As of September 2026

Typical home value

$1.64M

6.3%YoY

Median list price

$2.19M

6.0%MoM

Days on market

18.5%MoM

Homes for sale

18.2%MoM

Price cuts

10.2%

74.1%MoM

New listings

150.0%MoM

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

The outlook

02492 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02492 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 02492 rose 6.3%, per the Zillow Home Value Index.

Will home prices drop in 02492?

Zillow's forecast does not call for a drop: it expects typical home values in 02492 to rise 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 02492 home prices compare?

02492$1,640,933
Needham$1,640,933
Massachusetts$609,700
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Needham: 1 ZIP; Massachusetts: 484 ZIPs; United States: 26,262 ZIPs).

Context

Needham has 39 homes for sale as of September 2026, with 30 new listings entered recently. The median time for a home to sell is 53 days. A small portion of the market, 10.2% of listings, have seen a price cut. Despite the price reductions, the typical home value remains up 6.3% year over year. For sellers, this suggests a market where competition is moderate but patience may be needed to find the right buyer.

Monthly payment

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Home price

Down payment20% · $328,187

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Common questions

What people ask us.

What is the typical home value in Needham, MA 02492?

The typical home value is $1,640,933, up 6.3% over the past year.

How long do homes typically stay on market in this ZIP?

The median days on market is 53 as of September 2026.

How many homes are currently for sale in Needham, MA 02492?

There are 39 homes for sale as of September 2026.

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