$5,759 Closing Credit*
$485,000
2,748 SqFt
5 Beds
•2 Full Baths, 1 Partial
#73320397, Bryan Kaye, Listing Office: BKaye Realty
Is Hampden, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hampden has remained a Buyer's Market.
Key Takeaway
Hampden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hampden, MA
How much do homes in Hampden, MA cost?
Median Sold Price
$407,950
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,450(+6.7%)
Key Takeaway
Homes in Hampden have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Hampden was $407,950 in November 2024, up 6.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $410K | +41.4% |
| 3 Bedrooms | $375K | $351K | -6.4% |
| 4 Bedrooms | $540K | $480K | -11.1% |
| 5+ Bedrooms | $397K | $514.8K | +29.7% |
Summary: Hampden housing prices by bedroom type for November 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 6.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
| Monson | $335K | $387.5K | +15.7% |
| Wilbraham | $411.5K | $445K | +8.1% |
| Hampden | $382.5K | $407.9K | +6.7% |
| Stafford Springs | $265K | $270K | +1.9% |
Housing Supply in Hampden, MA
How many homes are available in Hampden, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The Hampden real estate market had 16 homes for sale in November 2024, a 23.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hampden housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hampden in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 96 Days | +46.2% |
Summary: Homes in Hampden had an average of 96 days on market in Nov 2024, up by 46.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hampden are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Hampden; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
