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Babson Park (Babson)

NEEDHAM, MA 02492

Real Estate Market Report  ·  Norfolk County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 02492

Babson Park (Babson)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEEDHAM, MA real estate market (02492) currently shows 34 active listings, with 5 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 21 days on market compared to 19 days last year.

The median listing price has risen 10.4% year-over-year, from $2,399,500 to $2,648,698.

Whether you are buying or selling in NEEDHAM, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,192  ·  Density: 860.8/mi²  ·  Median household income: $207,844

Typical home value: $1,134,300  ·  Homeownership: 91.5%

Market Overview

Active Listings
34
⇧ 41.7% vs 24 last year
Pending
5
15% pending ratio
Median Price
$2,648,698
⇧ 10.4% vs $2,399,500 last year
Average Price
$2,528,026
⇧ 8.2% vs $2,335,590 last year
Days on Market
21
⇧ 10.5% vs 19 days last year

Price Per Square Foot

Median $/sqft
$539
⇧ 6.5% vs $506/sqft last year
Median Home Size
4,714 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 24 last year
  • Days on market: 21 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $2,648,698 (+10.4% YoY)
  • Average: $2,528,026 (+8.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.7 miles — 292 listings ($542,058,296 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02492Needham, MA 024920.0 mi24$66,438,336$3,136,000$2,768,264
02464Newton Upper Falls, MA 024642.8 mi3$8,700,000$2,900,000$2,900,000
02482Wellesley, MA 024823.1 mi22$67,827,518$2,145,000$3,083,069
02030Dover, MA 020303.4 mi8$19,596,048$2,400,000$2,449,506
02459Newton Center, MA 024593.8 mi30$99,843,180$3,295,750$3,328,106
02026Dedham, MA 020264.0 mi25$40,637,950$1,212,222$1,625,518
02132West Roxbury, MA 021324.3 mi22$18,464,820$764,500$839,310
02467Chestnut Hill, MA 024675.1 mi35$88,388,265$1,531,000$2,525,379
01760Natick, MA 017605.4 mi45$52,448,085$1,024,500$1,165,513
02458Newton, MA 024586.0 mi17$26,629,327$1,456,500$1,566,431
02136Hyde Park, MA 021366.2 mi26$17,730,882$652,200$681,957
02453Waltham, MA 024536.4 mi19$20,692,653$1,214,425$1,089,087
02062Norwood, MA 020626.7 mi16$14,661,232$789,225$916,327

Frequently Asked Questions

How many homes are for sale in NEEDHAM, MA 02492?

As of March 2026, there are 34 active listings in NEEDHAM, MA (zip code 02492), compared to 24 the prior year.

What is the median home price in NEEDHAM, MA 02492?

The median listing price in NEEDHAM, MA 02492 is $2,648,698 as of March 2026, a 10.4% increase from $2,399,500 the prior year.

How long do homes stay on the market in NEEDHAM, MA?

Homes in NEEDHAM, MA 02492 spend an average of 21 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in NEEDHAM, MA 02492?

Based on current inventory and days-on-market data as of March 2026, NEEDHAM, MA 02492 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 21 days on market compared to 19 days last year.

How much can I save on real estate commission in NEEDHAM, MA?

With SELL123.com's maximum 3% commission, sellers in NEEDHAM, MA 02492 save an estimated $52,974 compared to a typical 5% commission on the median listing price of $2,648,698. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.