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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampden County is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Hampden County, MA cost?

Median Sold Price

$279,531

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$27,826(+11.1%)

Key Takeaway

Homes in Hampden County have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $121.9K$138K
+13.2%
2 $199.4K$221.6K
+11.1%
3 $254.9K$280K
+9.8%
4 $284.9K$317.3K
+11.3%
5+ $275K$309.9K
+12.7%

Median Sold Price Compared To Nearby Counties

Hampden County
+11.1%
Hampshire County
+10.4%
Hartford County
+7.9%
Tolland County
+7.2%

How many homes are available in Hampden County, MA?

Number of Homes For Sale

Aug 2022Sep 2022%
1,7151,498-12.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 3121
-32.3%
2 267229
-14.2%
3 706619
-12.3%
4 412368
-10.7%
5+ 299261
-12.7%

Number of Homes Sold

Aug 2022Sep 2022%
513408-20.5%

Asking Price vs. Sold Price

131 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

239 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampden County, you could pay more than the asking price. 58.6% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
25 Days28 Days+15.4%

Breakdown of Home Sale Times

268 Homes Were Sold
Under 30 Days

128 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampden County 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 County, MA

Homes for sale in Hampden County, MA have reached 1,498. The number of listings in Hampden County, MA decreased by 12.7% between August 2022 and September 2022. Listings spent 28 days on the market in September 2022, and had a median list price of $279,531 during the same period. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 13.2%, prices of 2 bedrooms properties increased by 11.1%, prices of 3 bedrooms properties increased by 9.8%, the cost of 4 bedrooms properties went up by 11.3%, prices of 5 bedrooms properties increased by 12.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 32.3%, number of 2 bedrooms homes decreased by 14.2%, number of 3 bedrooms homes decreased by 12.3%, 4 bedrooms homes became 10.7% less available, the quantity of 5 bedrooms homes went down by 12.7%. In September 2022 more than 239 listings in Hampden County, MA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 131 were sold below.

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