Zip 02494 (Needham, MA) Housing

In Needham, MA (02494), the median value of housing is $1,084,400, which is significantly higher than the US median value of $338,100. Additionally, over the past year, house appreciation in Needham has been 16.14%, much higher than the 8.27% national average. This indicates that Needham is a very desirable area to live and the price of housing reflects this demand.

The median home cost in Needham (zip 02494) is $1,084,400. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Needham (zip 02494) is up 10.8%.

Average Age of Homes

- The median age of Needham (zip 02494) real estate is 57 years old

The Rental Market in Needham (zip 02494)

- Renters make up 26.2% of the Needham (zip 02494) population
- 0.5% of houses and apartments in Needham (zip 02494), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Needham, Massachusetts	United States
	4,283.0	139,647,020.0
	55	42
	$1,084,400	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$10.90	$10.98
	$9,758	$2,690
	70.9%	57.4%
	4.3%	11.2%
	24.8%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	1.4%	0.4%
	1.4%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.6%	13.0%
	1.2%	20.1%
	1.3%	13.6%
	1.4%	8.3%
	23.2%	9.7%
	36.4%	3.9%
	24.4%	2.2%
	4.9%	0.8%
	5.4%	1.1%
Housing Units by Year Structure Built
	1.9%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	4.9%	13.6%
	7.4%	13.2%
	5.3%	14.8%
	4.9%	13.6%
	20.3%	10.0%
	7.2%	4.7%
	15.6%	12.2%

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