Why Live in Dedham
Settled in the 1630s, the town of Dedham sits 26 miles southwest of downtown Boston, anchored between the Charles River and Interstate 95. The town motto, “Contentment,” reflects the impressive abundance of amenities offered by the community, from public parks to the upscale Legacy Place open-air shopping mall. “I like that area because it gives people options – there’s regular dining, fine dining, bowling and movie theaters,” says Jay McHugh, who grew up in Dedham and is now a Realtor with LAER Realty. “People priced out of Needham and Westwood can come there and find new constructions and rehabbed Victorian homes and still have the benefit of being close to train stations.” The Massachusetts Bay Transportation Authority’s Franklin/Foxboro Line runs right through town directly to downtown Boston’s South Station. The median home price hovers around $735,000, which is well above the national median of $410,000. Listings typically sell within three weeks, twice that of the national average of about 40 days.
Dedham is the location of the Fairbanks House, constructed circa 1641 and the oldest wood-frame home in North America. While the city has a sizable inventory of vintage homes,
Home Trends in Dedham, MA
On average, homes in Dedham, MA sell after 21 days on the market compared to the national average of 50 days. The median sale price for homes in Dedham, MA over the last 12 months is $725,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$725,000
Median Single Family Sale Price
$775,000
Median Townhouse Sale Price
$575,000
Median 2 Bedroom Sale Price
$446,250
Median 1 Bedroom Sale Price
$490,000
Average Price Per Sq Ft
$482
Number of Homes for Sale
43
Last 12 months Home Sales
239
Median List Price
$699,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
2%