There are currently 9,632 real estate properties in Needham, MA, with a median automated valuation model (AVM) price of $1,260,359.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Needham, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Needham, MA, is $1,407,140.00, with the most expensive house in Needham, MA, topping out at $18,492,500.00 and the cheapest home in Needham, MA, clocking in at $15,070.00. In other words, there’s something for every potential homebuyer or savvy investor 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.
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