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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampden is a 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

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $290K$410K
+41.4%
3 $357.5K$385K
+7.7%
4 $507.5K$499.2K
-1.6%
5+ $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
+11.3%
Monson
+10.9%
Hampden
+9.0%
Stafford Springs
+3.5%

Housing Supply in Hampden, MA

How many homes are available in Hampden, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1110-9.1%

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

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 43
-25.0%
5+ 11
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 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 2023Sep 2024CHANGE
33 Days18 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Hampden, MA

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