Needham, MA Real Estate
According to census data in the year 2000 there were 10,846 housing units in Needham.
This represents a 4.2% growth from 10,405 in 1990.
Of those housing units, 10,600 were located in either urbanized areas or urban clusters, and 246 were located in what is classified as a rural area.
Homeownership rate in Needham is about 80.9%.
Needham's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Needham were built after 1954.
|Housing Units by Size|
|Five Bedrooms or more||7%|
Owned Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1953|
|Median Value of occupied units||$385,600|
|Median Price asked for vacant units||$249,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$825|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||12.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.4%|