house imageNeedham Housing


The Banker & Tradesman Magazine publishes recent real estate sale prices for all of the towns in eastern Massachusetts.

 Housing Units (1990 US Census)

                               Units              
   Total Units                 10,405
   Total Occupied              10,160
     owner occupied             8,097            79.7
     renter occupied            2,063            20.3
   Total vacant                   245
     for sale                      49            20.0
     for rent                      79            32.2
     other vacant                 117            47.8
   Owner Vacancy Rate                             0.6
   Rental Vacancy Rate                            3.7
   Median Value (owner occupied)             $256,500
   Median Contract Rent (renter occupied)        $798

Value: Value is the Census respondent's estimate of how much the property, including lot, would sell for if it were for sale.

Type of Structure (1990 US Census)

                               Units              
   Single Unit                  8,422             80.9
   2-4 Units                      800              7.7
   5 or More Units              1,126             10.8
   Other                           57              0.5

Year Structure Built (1990 US Census)

                               Units              
   1989-March 1990                 52              0.5
   1980-1988                    1,083             10.4
   1970-1979                      695              6.7
   1960-1969                    1,440             13.8
   1950-1959                    2,737             26.3
   1940-1949                    1,325             12.7
   1939 or earlier              3,073             29.5
 

Home Sales (Banker & Tradesman)

                              Number            change
   1990                           312           -17.2
   1991                           444           +42.3  
   1992                           554           +24.8  

Home Sales & Home Prices: Data for all transactions between $25,000 and $1,000,000. Condominium sales and prices are included.

Median Sales Price (Banker & Tradesman)

                              Price             change
   1990                       230,000              -4.6
   1991                       217,000              -5.7
   1992                       219,590           +1.2   

Residential Building Permits (US Census Bureau 1992)

   (New Construction)
                              Single             Multi
                              Family            Family
   1990                       13                0    
   1991                       32                2    
   1992                       39                0    

Subsidized Housing Units (EOCD 1993)

   Aggregate Number           377    
   Subsidized               3.64   

Subsidized Housing Units: The number of housing units which count toward the municipality's 10 0oal for low- and moderate-income housing. It includes both subsidized affordable units and market rate units eligible subsidized developments.

Public Housing Units (EOCD 1993)

   Conventional State         240    
   Conventional Federal       76     

Rental Assistance (EOCD 1993)

   State (MRVP)                     0
   Federal (Section 8)             92

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