Is Hampshire County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hampshire County has remained a Seller's Market.
Housing Prices in Hampshire County, MA
How much do homes in Hampshire County, MA cost?
Median Sold Price
$400,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hampshire County was $400,000 in March 2024, up 4.9% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $217K | -11.4% |
2 Bedrooms | $283K | $312K | +10.2% |
3 Bedrooms | $390K | $392K | 0.5% |
4 Bedrooms | $483.8K | $490K | +1.3% |
5+ Bedrooms | $515K | $600K | +16.5% |
Summary: Hampshire County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Counties
Franklin County | $295K | $325K | +10.2% |
Worcester County | $418.1K | $449.9K | +7.6% |
Hampden County | $289.4K | $309.9K | +7.1% |
Hampshire County | $381.2K | $400K | +4.9% |
Housing Supply in Hampshire County, MA
How many homes are available in Hampshire County, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
267 | 260 | -2.6% |
Summary: The Hampshire County real estate market had 260 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 16 | +33.3% |
2 Bedrooms | 48 | 44 | -8.3% |
3 Bedrooms | 104 | 101 | -2.9% |
4 Bedrooms | 67 | 64 | -4.5% |
5+ Bedrooms | 36 | 35 | -2.8% |
Summary: The Hampshire County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Hampshire County in March 2024, up by 4.6% month-over-month. Of the 68 sold homes, 37% were sold under asking, 12% were sold at asking, and 51% were sold over asking.
Days on Market for Hampshire County, MA
How long does it take to sell a home in Hampshire County, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 38 Days | -20.3% |
Summary: Homes in Hampshire County had an average of 38 days on market in Mar 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 68 homes were sold in Hampshire County; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.