Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 3 |
Acreage buckets
The median price for land in Needham, Massachusetts is currently $3.3M per acre. For a typical parcel, the median sale price is $940K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $812K while premium lots reached $1.1M.
Needham, Massachusetts is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Needham, Massachusetts currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Needham, Massachusetts averages $3.3M per acre. The median price per acre is $3.3M, which may be more representative of typical transactions. Most parcels sold are around 13,199 sq ft.
There are currently 3 active listings in Needham, Massachusetts. 3 new listings have hit the market in the last 90 days. The median asking price is $1.5M.
The 3-month absorption rate in Needham, Massachusetts is 11.1%. The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Needham, Massachusetts typically sells within 19 days of listing. The median time on market is 19 days. Properties are moving quickly in the current buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Needham on LandyDandy.
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