5 Rae Ave, Needham, MA 02492
Property image
Property image
OFF MARKET

5 Rae Ave
Needham, MA 02492

  • 5 Beds
  • 2.5 Baths
  • 4,359 sqft

$2,333,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $13,929/mo*
Refinance Your Home

$2,333,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $13,929/mo*
Refinance Your Home
5 Beds
2.5 Baths
4,359 sqft

Local Information

  • Map ViewExplore the area around 5 Rae Ave.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2005
Living Area
4,359 sqft
Price/Sqft
$535
Parking
Garage

About this House

LOCATION! LOCATION! LOCATION! Built in 2005, this beautiful home has been impeccably maintained. There are 5 spacious bedrooms and 2.5 baths and full finished basement. Hard wood floors throughout, open floor plan as well as a first floor office and laundry room on the second floor. This bright and sunny home sits on a bit over 10,000 sq. ft. on a quiet corner lot in the desirable Mitchell School district. Walk to Perry park and the Hersey Train stop. Welcome to Needham!
5 Rae Ave, Needham, MA 02492 is a 5 bedroom, 3 bathroom, 4,359 sqft single-family home built in 2005. It last sold for $1,831,000 on Jun 7, 2021. It is currently off market. The Trulia Estimate is $2,333,000, with a rent estimate of $7,749/month.

Home Details for 5 Rae Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 10
Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningHeating Fuel: Heat Pump
Appliances & Utilities
DishwasherDisposalDryer
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 10454 sqft

Price History for 5 Rae Ave

DatePriceEventSource
06/07/2021$1,831,000Sold
N/A
04/06/2021$1,599,000PendingKeller Williams #72805830
04/05/2021$1,599,000ContingentMLS PIN #72805830
03/30/2021$1,599,000Listed For SaleMLS PIN #72805830
05/10/2002$410,000Sold
N/A

Market trends in Needham

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.49M
$63.33KMoM
Sale-to-List Price
101.2%
2.1%MoM
Price per sq ft
$592
$37MoM
Available listings
107
4MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$21,888
Assessment$2,064,900
Home facts updated by county records

Comparable Sales for 5 Rae Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
68 Brookline St, Needham, MA
0.10
Single-Family Home
$1,662,000
04/09/26
4
3
2,771
23 Fairfax Rd, Needham, MA
0.08
Single-Family Home
$2,495,000
09/05/25
5
6
5,039
11 Holmes St, Needham, MA
0.39
Single-Family Home
$1,920,000
05/06/26
4
2.5
3,743
46 Holmes St, Needham, MA
0.33
Single-Family Home
$1,965,000
07/09/26
4
2.5
3,593
332 Hillcrest Rd, Needham, MA
0.10
Single-Family Home
$1,337,000
12/19/25
3
3
2,113
17 Lindbergh Ave, Needham, MA
0.37
Single-Family Home
$1,765,000
04/14/26
4
2.5
3,150
166 Hillcrest Rd, Needham, MA
0.39
Single-Family Home
$1,758,000
06/18/26
4
2.5
2,868
14 Melrose Ave, Needham, MA
0.48
Single-Family Home
$1,725,000
07/02/26
5
3.5
3,600
96 Richdale Rd, Needham, MA
0.46
Single-Family Home
$2,359,000
07/10/26
5
4.5
4,285
52 Beaufort Ave, Needham, MA
0.24
Single-Family Home
$1,700,000
07/10/26
3
2.5
2,619

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 5 Rae Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Needham

At least 138 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 87 % Say parking is easy

  • 83 % Say yards are well-kept

  • 82 % Say people would walk alone at night

  • 79 % Say car is needed

  • 76 % Say there's holiday spirit

  • 75 % Say kids play outside

  • 70 % Say streets are well-lit

  • 67 % Say it's quiet

  • 65 % Say it's walkable to restaurants

  • 63 % Say they plan to stay for at least 5 years

  • 62 % Say neighbors are friendly

  • 61 % Say there's wildlife

  • 55 % Say there are community events

  • 54 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Connolly
    "I have raised six children in Needham. Best place to live "
    0
    Flag
  • Adrian Durbin
    "It is a great place for families or anyone with dogs. Extremely friendly and welcoming. I grew up here and it’s even better than it was 30 years ago. "
    0
    Flag
  • Lschneidermd1
    "People walk their dogs on leash and are good about picking up after them. There are dog friendly hiking trails. "
    0
    Flag
  • Louwf
    "There are Lots of dogs around. Good sidewalks and parks. Great dog facilities in town for dog watching and pet friendly ice cream and coffee shops"
    0
    Flag
  • Trulia User
    "Seems great for dog owners, an excellent spot. Love it! Unsure if there’s a dog park but good sidewalks etc"
    1
    Flag
  • Dikla
    "Most important is school and the Education system. Safety of the streets Family neighborhood. Nice neighborhoods. Friendly. Nice restaurants and coffee shops. "
    2
    Flag
  • Apcollins
    "My commute is easy based on simple access to the highway system and commuter rail. Most of the time I find it is a reverse commute."
    0
    Flag
  • Claire B.
    "There are lots of dogs around and most people are friendly about them. There is a dog park in town as well. Though there are some who are annoying about dogs doing their business on their lawns. I have been yelled at before which is frustrating. "
    3
    Flag
  • Jaugat
    "Respectful, caring neighbors. Kids who play together, new school, proximity to everything. Would not change a thing!"
    0
    Flag
  • Claire B.
    "There are amazing schools and lots of other families with children! There are also great parks and places to go hike."
    0
    Flag
  • Andrew M.
    "Family friendly safe neighborhood. Convenient to the town center, restaurants, stores, medical and dental service providers, etc."
    0
    Flag
  • Claire H
    "The schools in the area are too notch. Join the local parents group! Parenttalk is a wonderful way to connect with other parents "
    0
    Flag
  • Acsmith33
    "Our neighborhood has block parties twice per year. The town has events for all major holidays like NYE and 4th of July "
    0
    Flag
  • Eklayman
    "The area has nice sidewalks and is well lit at night. There are many other dog walkers so you’ll meet other dog fans. "
    1
    Flag
  • Maiken.duelund
    "A lot of good restaurants, cafés and shopping within walking distance supports a lively city center. Many physical activities for children and their parents."
    0
    Flag
  • Chelly2566
    "I really do love my area that I live then I do walk my dog I do clean up after myself but sometimes there be some people who do not and they will leave feces but I've just learned to just pay attention to my surroundings and pay attention to the individuals that don't walk with bags"
    0
    Flag
  • Jjmitchell85
    "Living n Needham and commuting to the city is very straight forward. The rail line is dedicated to the Needham commuter rail, the line ends/originated in Needham, and there are 4 stops in the small town. I walk 5min from my house to the train and get off at back Bay to walk just another 5min to my office. Delays are limited due to the fact that this rail line only serves the Needham line."
    0
    Flag
  • Bobsled
    "Block parties, kids outside, dad/mom nights, walk to school, general sense of security, community, and care. "
    0
    Flag
  • Andrew M.
    "July 4th fireworks, Memorial Day parade, neighborhood/block parties, and other events. Farmers Market. "
    0
    Flag
  • Ray S.
    "I have lived here for twelve years and neighbors are the best, looking out for everyone, friendly and taking interest in the well being of the community."
    0
    Flag
  • JAS
    "There’s a lot of dogs and friendly dog owners. Everyone loves dogs here. Everyone walks their dogs and we all have yards. "
    0
    Flag
  • Gsoldato26
    "I lived in this neighborhood for 9 years. The k-12 schools are great. Very friendly, safe and supportive community. "
    0
    Flag
  • Charlotte S.
    "Amazing school system. A safe town, never any problems. Most of the town is turning into mcmansions, but some of the charm has remained. The population is growing rapidly. The commuter rail runs right into south station in Boston "
    0
    Flag
  • Peter B.
    "It’s nice. Good access to trains and highway. Close to Boston. Very safe. Many families. Some business too across the highway."
    0
    Flag
  • Kumar P.
    "great neighborhood for raising a family. probably the best in the states. very friendly folks. good schools. brilliant library. "
    1
    Flag
  • Bradleycharleswhite
    "My wife and I have lived in Needham for 2 years now and love the community. All of our neighbors are very friendly."
    0
    Flag
  • Ellen W. D.
    "I live in the neighborhood and it's close to everything and really friendly!"
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

25 pet-friendly rentals in Needham, MA

Explore by feature - Garage

7 rentals with a garage in Needham, MA

Explore by feature - Air Conditioning

27 rentals with air conditioning in Needham, MA

Explore by feature - Pool

Explore by feature - Washer/dryer

26 rentals with a washer/dryer in Needham, MA

Explore by feature - Outdoor Space

Homes for sale near 5 Rae Ave

Skip to last item
Skip to first item

Off Market Homes Near 5 Rae Ave

Skip to last item
Skip to first item

Frequently asked questions about 5 Rae Ave

  • What is 5 Rae Ave estimated to be worth?
    Trulia's estimated value for 5 Rae Ave in Needham, MA is $2,333,000.
  • What is the price history for 5 Rae Ave?
    5 Rae Ave in Needham, MA last sold for $1,831,000 in June 2021.
  • Is Needham a buyer's or seller's market?
    Needham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Needham?
    The median sale price in Needham is $1.49M. That is up $63.33K from the prior month.
  • How big is the lot at 5 Rae Ave?
    The lot at 5 Rae Ave in Needham, MA is about 0.24 acres (10,454 sq ft).
  • Does 5 Rae Ave have a garage?
    Yes, 5 Rae Ave in Needham, MA has a garage.