Dedham, MA—02026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dedham, MA
As of Oct '25, the median home price in Dedham, MA is $745,000, with a year-over-year change of 0.4%. This indicates that home prices in Dedham, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $745,000 | 0.4% |
| Single Family | $759,000 | 0.4% |
| Condos | $497,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $372,000 | 0.5% |
2 Bed | $564,000 | 1.6% |
3 Bed | $721,000 | 0.4% |
4 Bed | $911,000 | 1.0% |
| 5 Bed | $1,286,000 | 2.5% |
% of Housing Stock
Rental Trends — Dedham, MA
As of July '25, Rentcast reports the average rent in Dedham, MA is $3,380, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Dedham, MA is studios: $1,600, 1-bedrooms: $2,730, 2-bedrooms: $3,560, 3-bedrooms: $3,860, 4-bedrooms: $4,960. The most common rental property sizes in Dedham, MA are 2-bedroom and 1-bedroom, accounting for 38.7% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,110 | $3,380 |
| Studio Rent | $1,600 | $1,600 |
| 1 Bed Rent | $2,900 | $2,730 |
| 2 Bed Rent | $3,570 | $3,560 |
| 3 Bed Rent | $3,800 | $3,860 |
| 4 Bed Rent | $4,500 | $4,960 |
% of Rental Stock
Property Listings — Dedham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Dedham, MA is 42. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,030,000 | 3.0% |
Listing Count | 54 | 28.0% |
| Listings as % of Homes | 0.1% | 28.0% |
Days on Market | 42 | 12.0% |
Demographics — Dedham, MA
As of the latest ACS Survey released in 2023, Dedham, MA has a population of 25,100, which has remained stable by -1.0% over the past 5 years. Dedham, MA is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,100 | -1.0% |
% Under 18 | 18.7% | -2.6% |
% Seniors | 20.3% | 5.7% |
% WFH | 18.6% | 244.4% |
% w/ College Degree | 55.1% | 7.4% |
As of the latest ACS Survey released in 2023, Dedham, MA is a predominantly white area, with 80.4% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Dedham, MA is hispanic, making up 7.5% of the population. Foreign-born residents account for 13.2% of the population in Dedham, MA, and this percentage has decreased by 7.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.4% | 3.7% |
% Black | 5.1% | -42.0% |
% Hispanic | 7.5% | -18.5% |
% Asian | 3.1% | 3.3% |
% Foreign Born | 13.2% | -7.7% |
Mortgage and Risk — Dedham, MA
According to HUD data as of 2023, there were 423 mortgage originations in Dedham, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Dedham, MA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 423 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Dedham, MA
As of 2024, the percent of homes in Dedham, MA under the Section 8 program is 13.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dedham, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 379 |
Total Units Section 8 | 379 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $2,900 | $2,430 |
| 2 Bedroom | -$690 | $3,570 | $2,880 |
| 3 Bedroom | -$330 | $3,800 | $3,470 |
| 4 Bedroom | -$680 | $4,500 | $3,820 |
Affordability — Dedham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $745,000 |
| Median Household Income | $124,000 |