Market reportNeedham02492 Needham's $867-a-Foot Ceiling: 674 Webster Street Sold a Million Over the Assessor's Number
674 Webster Street closed in June 2026 at $2,350,000 — the highest price per square foot of any Needham home to sell that month, on a nearly three-quarter-acre lot. It went for about $150,000 under its spring ask, roughly $1.03 million above the town's assessed value, and 31% above the town's median price per foot. In a supply-starved prestige town, this is what it looks like when buyers pay for the dirt, not the square footage.
On June 12, 2026, 674 Webster Street in Needham sold for $2,350,000 — not the town's biggest June sale, but its most expensive by the only measure that strips out size: $867 per square foot, the highest of any Needham closing that month. The home first listed at $2,500,000 in mid-March and closed about 6% under that number roughly three months later. Yet it still cleared some $1.03 million above the town's $1,323,000 assessed value and 31% above Needham's median price per foot. We break down the price ladder, the assessment gap, and why a 2,709-square-foot house on a 0.79-acre lot became the per-foot benchmark for one of Greater Boston's most inventory-starved suburbs.