$4,155 Closing Credit*
$349,900
1,500 SqFt
3 Beds
•1 Full Bath
#73313231, Benjamin Benton, Listing Office: Benton Real Estate Company
Is Hampden, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
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.
Housing Prices in Hampden, MA
How much do homes in Hampden, MA cost?
Median Sold Price
$409,900
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,900(+9.3%)
Key Takeaway
Homes in Hampden have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Hampden was $409,900 in October 2024, up 9.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $410K | +41.4% |
| 3 Bedrooms | $367.5K | $363K | -1.2% |
| 4 Bedrooms | $507.5K | $499.2K | -1.6% |
| 5+ Bedrooms | $397K | $520K | +31.0% |
Summary: Hampden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 31%.
Median Sold Price Compared To Nearby Cities
| Monson | $325K | $385K | +18.5% |
| Wilbraham | $402.5K | $445K | +10.6% |
| Hampden | $375K | $409.9K | +9.3% |
| Stafford Springs | $263.5K | $264.9K | +0.6% |
Housing Supply in Hampden, MA
How many homes are available in Hampden, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Hampden real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hampden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hampden in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Hampden, MA
How long does it take to sell a home in Hampden, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 29 Days | -38.1% |
Summary: Homes in Hampden had an average of 29 days on market in Oct 2024, down by 38.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hampden; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
