Hampden County, MA Home Values & Market Trends

The median home price in Hampden County, MA is $306,624.76. There were 5,800 home sales in Hampden County, MA over the past 12 months. The median residential Hampden County, MA home value for transactions over the previous year is $279,646.978. The number of current listings in Hampden County, MA is 131, and the percentage of properties for sale is 131.00%. The county has 489 foreclosures, 28 bank owned properties, 79 headed for auction, and 131 properties for sale.

Hampden County, MA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Springfield

$ 272,065

$ 195/sqft

Southwick

$ 328,115

$ 218/sqft

Chicopee

$ 268,400

$ 225/sqft

Monson

$ 720,084

$ 340/sqft

Westfield

$ 350,803

$ 201/sqft

Holland

$ 274,678

$ 394/sqft

Holyoke

$ 241,773

$ 215/sqft

Wales

$ 226,348

$ 238/sqft

Longmeadow

$ 572,369

$ 254/sqft

Three Rivers

$ 111,653

$ 161/sqft

West Springfield

$ 306,949

$ 252/sqft

Feeding Hills

$ 280,000

$ 291/sqft

Agawam

$ 391,509

$ 219/sqft

Indian Orchard

$ --

$ --

Wilbraham

$ 340,159

$ 220/sqft

Bondsville

$ --

$ --

Hampden

$ 413,680

$ 223/sqft

Blandford

$ --

$ --

Ludlow

$ 303,073

$ 217/sqft

Chester

$ --

$ --

East Longmeadow

$ 407,364

$ 221/sqft

Thorndike

$ --

$ --

Palmer

$ 305,101

$ 217/sqft

Russell

$ --

$ --

Brimfield

$ 310,000

$ 220/sqft

Granville

$ --

$ --

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Housing Market Summary for Hampden County, MA

Apr 2023March 2024Change
Median Listing Price$250K$294.8K17.91%
Median Sold Price$270.2K$294.8K9.08%
Homes For Sale152122-19.74%
Homes Sold2,7422,7450.11%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hampden County, MA

Hampden County, MA home values range from $20,312 to $26,227,645. Monson is the priciest city with a median listing home price of $709,900, and Three Rivers is most affordable with average house prices of around $79,900.

Foreclosure
There are 26 cities within Hampden County, MA; within these cities, the median estimated home value for homes in foreclosure ranges from $818,362 in Russell to the lowest value of $88,977 in Russell. Foreclosure homes account for 0.00% of properties in Hampden County, MA with Springfield containing 229 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in Hampden County, MA with Springfield containing 171 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 26 cities within Hampden County, MA; of those cities, the estimated home value for pre-foreclosure homes ranges from $417,318 in Granville to the lowest home value of $88,977 in Russell.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hampden County, MA ranges from the highest value of $317,797 in Chester to the lowest value of $146,500 in Springfield. Bank owned homes and properties account for 0.02% of properties in Hampden County, MA. There are 26 cities within Hampden County, MA; Springfield containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Springfield has 48 auction properties, the highest number of properties going to auction in a single city in the state of Hampden County, MA. Auction homes and other auction properties account for 0.06% of all properties in Hampden County, MA. There are 26 cities within Hampden County, MA; of those cities, the median estimated home value for homes going to auction ranges from $338,400 in Ludlow to the lowest value of $149,532 in Ludlow.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Hampden County, MA with Springfield containing 27 homes for sale, the highest number of listed properties in a single city. There are 26 cities within Hampden County, MA; homes for sale in those cities, have a range of median values from $999,900 in Monson to the lowest value of $89,999 in Brimfield.
    Sold Homes
    The median value for recently sold homes ranges from $341,396 in Thorndike to the lowest price of $29,760 in Thorndike. There are 26 cities within Hampden County, MA. Springfield has 840 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.08% of properties in Hampden County, MA.

      Compare Nearby Cities

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      Guide for Hampden County, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.