Is Hampshire County, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hampshire County has remained a Seller's Market.
Key Takeaway
Hampshire County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampshire County, MA
How much do homes in Hampshire County, MA cost?
Median Sold Price
$405,776
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hampshire County have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Hampshire County was $405,776 in May 2024, up 6.6% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224K | $223K | -0.4% |
| 2 Bedrooms | $283K | $320K | +13.1% |
| 3 Bedrooms | $388.2K | $402.7K | +3.7% |
| 4 Bedrooms | $485K | $493K | +1.6% |
| 5+ Bedrooms | $500K | $593.5K | +18.7% |
Summary: Hampshire County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Counties
| Franklin County | $296.9K | $326.6K | +10.0% |
| Hampden County | $289.9K | $313.8K | +8.2% |
| Worcester County | $419.9K | $453.8K | +8.1% |
| Hampshire County | $380.5K | $405.7K | +6.6% |
Housing Supply in Hampshire County, MA
How many homes are available in Hampshire County, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 335 | 380 | +13.4% |
Summary: The Hampshire County real estate market had 380 homes for sale in May 2024, a 13.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 13 | -7.1% |
| 2 Bedrooms | 54 | 57 | +5.6% |
| 3 Bedrooms | 138 | 165 | +19.6% |
| 4 Bedrooms | 83 | 97 | +16.9% |
| 5+ Bedrooms | 46 | 48 | +4.3% |
Summary: The Hampshire County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 75 | 98 | +30.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampshire County, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.
Summary: A total of 98 homes were sold or pending in Hampshire County in May 2024, up by 30.7% month-over-month. Of the 98 sold homes, 20% were sold under asking, 15% were sold at asking, and 64% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 38 Days | +2.0% |
Summary: Homes in Hampshire County had an average of 38 days on market in May 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampshire County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 98 homes were sold in Hampshire County; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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