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The median home value in Needham, MA is $1,573,952 as of 2026-07-31, up 5.77% from a year earlier.
Median Home Value
$1,573,952
Year-over-Year
+5.77%
Population
32,779
Needham ranks #7 of 134 Massachusetts cities tracked here by median home value, and sits 137.0% above the state's city median of $664,186. It sits in Norfolk County, where the county-wide median is $781,743.
Median household income in Needham is $214,308, so the typical home value is about 7.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Needham police recorded a violent crime rate of 52 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 647 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Needham, that value is $1,573,952. That's up 5.77% from a year earlier. It is about 137.0% above the typical Massachusetts city tracked here.
Homes in Needham are more expensive than Norfolk County as a whole, where the median is $781,743 — a difference of about 101.3%.
Median household income here is $214,308, so the typical home value is about 7.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Needham police reported 52 violent crimes per 100,000 residents, covering a population of about 32,779. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.