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Needham Market Report

$1,896,259

AVERAGE PRICE OF 161 HOMES

$1,700,291

AVERAGE PRICE OF 44 DISTRESSED HOMES

$2,140,469

AVERAGE PRICE OF 130 MULTI-MILLION DOLLAR HOMES

$2,955,111

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$2,609,778

AVERAGE PRICE OF 9 HOMES WITH A POOL

$3,048,900

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $1,896,259
Avg Bedrooms 3.86 beds
Avg Bathrooms 3.75 baths

Average Price by Bedrooms

1 bedroom $329,500
2 bedrooms $839,000
3 bedrooms $1,125,316
4 bedrooms $1,578,385
5 bedrooms $2,338,556
Needham Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 131 85 69 60 67
Average Price $1,894,242 $2,235,933 $2,227,239 $2,342,098 $2,247,662
Avg Price Change -18.04% +0.39% -5.16% +4.20% +8.77%
Median Price $1,453,879 $1,608,121 $1,535,552 $1,724,983 $1,524,283
Med Price Change -10.61% +4.73% -12.34% +13.17% +7.29%
Avg Bedrooms 3.87 beds 3.83 beds 3.53 beds 3.46 beds 3.58 beds
Avg Bathrooms 3.73 baths 3.68 baths 3.24 baths 3.35 baths 3.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Needham 43 $1,766,507 42 days
Needham High 55 $1,890,162 53 days
Needham Hs 16 $1,793,875 50 days
Nhs 15 $2,164,067 47 days
Nps 3 $2,849,333 21 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 161 $1,896,259 52 days
Distressed Homes 44 $1,700,291 45 days
Multi-Million Dollar Homes 130 $2,140,469 54 days
Newly Built Homes 36 $2,955,111 67 days
Homes with a Pool 9 $2,609,778 34 days
Reduced Price Homes 10 $3,048,900 82 days

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Christine Norcross and Partners
Chris Norcross
75 Central Street
Wellesley, MA 02482
781-929-4994
617-308-4286

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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