Is Needham Heights, MA 02494 a buyer’s or seller’s market?

The Needham Heights housing market right now

In the three months ending August 31, 2026, 31% of homes in Needham Heights, MA 02494 sold above their list price, the typical home went under contract in 26 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (18 days then) and the median sale price fell 6% to $1,424,883. Overall, Needham Heights is less competitive than a year ago, which gives buyers more room.

Within Norfolk County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, Needham Heights ranks #274 of 362 MA ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Dover 02030 (5% sold over asking) or South Walpole 02071 (20% sold over asking), while East Walpole 02032 (73% sold over asking) and Holbrook 02343 (71% sold over asking) are even more competitive.