City-owned Homes And Land in Needham, MA

Buyer vs Seller Market in Needham, MA

The current real estate market in Needham remains competitive, with homes seeing steady appreciation over the past few years. Buyers are keen on the area due to its strong school system and community atmosphere, which drives demand. Recently, homes have been selling above asking price, reflective of the limited inventory available.

Recent trends indicate that the market is shifting slightly toward a more balanced environment, with some indications of inventory increasing as new developments are coming into play. However, the appeal of Needham continues to attract buyers, keeping demand robust.

Rent Prices In Needham, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Needham, MA, is on a rollercoaster ride. The average rent price in Needham, MA, is $3,407.00. Indeed, when looking to rent in Needham, MA, you can expect to pay as little as $1,270.00 or as much as $5,000.00, with the average rent median estimated to be $3,380.00. The good news is that finding an affordable and desirable property to rent in Needham, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.