$240,000
31.36 Acres
Land
#73306384, Alfred Joyce, Listing Office: Rose Bud Realty
Is Hampden, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$406,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$33,500(+9.0%)
Key Takeaway
Homes in Hampden have sold for 9% more than they did a year ago.
Summary: The median home sold price in Hampden was $406,000 in September 2024, up 9% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $410K | +41.4% |
| 3 Bedrooms | $357.5K | $385K | +7.7% |
| 4 Bedrooms | $507.5K | $499.2K | -1.6% |
| 5+ Bedrooms | $450K | $344K | -23.6% |
Summary: Hampden housing prices by bedroom type for September 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 increased by 7.7%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 23.6%.
Median Sold Price Compared To Nearby Cities
| Wilbraham | $400K | $445K | +11.3% |
| Monson | $333.5K | $370K | +10.9% |
| Hampden | $372.5K | $406K | +9.0% |
| Stafford Springs | $260K | $269K | +3.5% |
Housing Supply in Hampden, MA
How many homes are available in Hampden, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Hampden real estate market had 10 homes for sale in September 2024, a 9.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hampden housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hampden in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 33 Days | 18 Days | -43.9% |
Summary: Homes in Hampden had an average of 18 days on market in Sep 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were 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 September 2024, 2 homes were sold in Hampden; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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