Dedham, Massachusetts.
Typical home $756,686 (+2.3% in a year), asking rent $2,913 (+5.9%). Boston-Cambridge-Newton, MA-NH metro.
to buy the typical home at today's mortgage rate — +$2,022 (+104%) since Jan 2020.
- 1 year
- Up $16,921 +2%
- $739,766$756,686 since Sep 2025
- 5 years
- Up $135,606 +22%
- $621,081$756,686 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Dedham$3,972
- Massachusetts$3,439
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Dedham, MA rose 2.3% over the past year — faster than the nation's +1.2%.
Asking rents in Dedham, MA rose 5.9% over the past year — faster than the nation's +2.7%.
Owning the typical home in Dedham runs $2,538/mo more than renting one. The gap peaked at $2,756 in Jan 2025.
That is $5,451 a month against $2,913 rent: a $3,972 mortgage payment, plus $669 property tax and $810 insurance & upkeep.
Owning vs renting — Dedham
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,451
- Renting$2,913
- Mortgage only$3,972
Property tax · $669/mo 1.06% of value a year — the ACS 2020-2024 median bill over the median home value for Norfolk County, MA
Insurance & upkeep · $810/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Dedham, Norfolk County, Massachusetts
Dedham, in Norfolk County, had 25,364 people in the 2020 census. Half its households earn more than $128,955 a year and half less, against $130,739 across Norfolk County; 6% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Norfolk County was 4.0% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Dedham is a community where most homes are lived in by their owners, and the people who live here are somewhat older than in many places. Incomes sit just below the county's, and a large majority of adults hold a four-year degree. Winters are cold, with January the coldest month, and summers turn warm in July. Rain and melted snow add up to a fair amount through the year.
Work. Many residents work in schools, hospitals and social care, with others in professional and business services, shops, and banks, insurance and property. Within Dedham itself, some of the largest workplaces are J&M Brown Company, which installs security and fire systems, the Dedham Schools, and AliMed, a maker of crutches and walkers. Commutes are fairly long, and a good number of residents work from home.
Things to do. Boston's museums are a short drive away, including the Museum of Fine Arts Boston and the Isabella Stewart Gardner Museum. The Arnold Arboretum, a botanical garden, is also a short drive away, and for a ball game Fenway Park is a short drive as well.
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- 10,530households
- 55%of adults have a degree
- 6%below the poverty line
- 29 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Norfolk County had 348,528 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 21°; warmest in July, with highs near 86° and lows near 63°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Norwood Mem Airport weather station, 4 miles away (NOAA).
Largest workplaces in Dedham
- J&M Brown CompanySecurity and fire system, installation only689
- Dedham SchoolsSchool district467FTE
- American Red Cross - 180 Rustcraft RD377
- Dedham358
- BJ's Wholesale Club, Inc.Warehouse club and supercenters185
- AliMedCrutches and walkers manufacturing157
- Stop & ShopGrocery stores152
- Lowe's Companies, INCHomecenter142
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 22 workplaces with 20 or more staff, 3,030 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Dedham’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Norfolk County and the Boston-Cambridge-Newton, MA-NH metro.
Dedham home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Dedham$756,686
- Massachusetts$655,219
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Dedham listings, and the typical home goes pending in 17 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Dedham28.69%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Dedham17
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Dedham75
New listings per month
Sellers arriving at the market.
- Dedham29
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Dedham$717,283
- United States$371,553
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Dedham102.17%
Zip codes with a Dedham address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Dedham — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.