Is Hampden, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampden is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Hampden has remained a Seller's Market.

Key Takeaway

Hampden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hampden, MA cost?

Median Sold Price

$325,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$2,000(+0.6%)

Key Takeaway

Homes in Hampden have sold for 0.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 -$255K
N/A
2 $301.2K$259K
-14.0%
3 $310K$322.5K
+4.0%
4 $330.5K$369.9K
+11.9%
5+ $480K$427.5K
-10.9%

Median Sold Price Compared To Nearby Cities

East Longmeadow
+6.3%
Wilbraham
+5.6%
Hampden
+0.6%
Monson
-1.7%

How many homes are available in Hampden, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
2221-4.5%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 10
-100.0%
2 44
0.0%
3 1010
0.0%
4 56
+20.0%
5+ 21
-50.0%

Number of Homes Sold

Jun 2022Jul 2022%
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampden, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
25 Days18 Days-27.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampden are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hampden, MA

Number of homes for sale in Hampden, MA real estate market have reached 21. Between June 2022 and July 2022, Hampden, MA real estate market has seen decrease in the number of listings by 4.5%. The median list price of listings available in July 2022 was $325,000, while the average time on the real estate market was 18 days. Between June 2022 and July 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 14%, prices of 3 bedrooms properties increased by 4%, prices of 4 bedrooms properties went up by 11.9%, 5 bedrooms properties became 10.9% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes decreased by 100%, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 20% more available, volume of 5 bedrooms homes went down by 50%. In July 2022, from all listings sold in Hampden, MA there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

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