02492, Needham, MA

The 2492 zip code of Needham, MA has a median home value of $1,072,000 and a median home equity value of $812,000. These values are significantly higher than the national median home value of $181,500 and the national median home equity value of $450,000. The 2492 zip code is also significantly higher than the Massachusetts median home value of $471,500 and the Massachusetts median home equity value of $412,500.

The 2492 zip code is composed primarily of affluent families who have invested in their homes over time. This has led to a high demand for homes in this area and an elevated home price index. In addition, there is a significant concentration of high-income earners in the 2492 zip code. This concentration has contributed to an increase in house prices relative to other areas in Needham.

Despite these factors, there are still opportunities for homeowners in the 2492 zip code to purchase a property at an affordable price. Homeowners who are prepared to do some research may be able to find properties that are within their budget. Additionally, there are many low-cost options available for homeowners who want to make minor repairs or updates on their homes.