$3,563 Closing Credit*
$300,000
1,419 SqFt
3 Beds
•1 Full Bath
#73314598, Kim Landry, Listing Office: Real Broker MA, LLC
Is Hampden County, 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 County has remained a Seller's Market.
Key Takeaway
Hampden County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampden County, MA
How much do homes in Hampden County, MA cost?
Median Sold Price
$325,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+8.3%)
Key Takeaway
Homes in Hampden County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Hampden County was $325,000 in October 2024, up 8.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $165K | +15.8% |
| 2 Bedrooms | $240.4K | $257.4K | +7.1% |
| 3 Bedrooms | $300K | $320K | +6.7% |
| 4 Bedrooms | $333.6K | $370.5K | +11.0% |
| 5+ Bedrooms | $344.8K | $371.2K | +7.7% |
Summary: Hampden County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Counties
| Hartford County | $311.5K | $349.9K | +12.3% |
| Hampden County | $300K | $325K | +8.3% |
| Worcester County | $431.1K | $465.1K | +7.9% |
| Hampshire County | $390K | $420K | +7.7% |
Housing Supply in Hampden County, MA
How many homes are available in Hampden County, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,337 | 1,379 | +3.1% |
Summary: The Hampden County real estate market had 1,379 homes for sale in October 2024, a 3.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 23 | 0.0% |
| 2 Bedrooms | 247 | 242 | -2.0% |
| 3 Bedrooms | 544 | 565 | +3.9% |
| 4 Bedrooms | 286 | 316 | +10.5% |
| 5+ Bedrooms | 237 | 233 | -1.7% |
Summary: The Hampden County 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 2%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 1.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 345 | 339 | -1.7% |
Asking Price vs. Sold Price
93 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
205 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden County, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.
Summary: A total of 339 homes were sold or pending in Hampden County in October 2024, down by 1.7% month-over-month. Of the 339 sold homes, 27% were sold under asking, 12% were sold at asking, and 60% were sold over asking.
Days on Market for Hampden County, MA
How long does it take to sell a home in Hampden County, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 31 Days | +11.4% |
Summary: Homes in Hampden County had an average of 31 days on market in Oct 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
223 Homes Were Sold
Under 30 Days
101 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampden County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 339 homes were sold in Hampden County; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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