Is Hampshire County, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampshire County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hampshire County has remained a Seller's Market.

Key Takeaway

Hampshire County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hampshire County, MA

How much do homes in Hampshire County, MA cost?

Median Sold Price

$420,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+7.7%)

Key Takeaway

Homes in Hampshire County have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Hampshire County was $420,000 in October 2024, up 7.7% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $223K$210.5K
-5.6%
2 $300K$320K
+6.7%
3 $390K$424.9K
+8.9%
4 $489.9K$522.4K
+6.6%
5+ $542.5K$590K
+8.8%

Summary: Hampshire County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Counties

Franklin County
+9.7%
Hampden County
+8.3%
Worcester County
+7.9%
Hampshire County
+7.7%

Housing Supply in Hampshire County, MA

How many homes are available in Hampshire County, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
404448+10.9%

Summary: The Hampshire County real estate market had 448 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1012
+20.0%
2 8194
+16.0%
3 163180
+10.4%
4 103100
-2.9%
5+ 4762
+31.9%

Summary: The Hampshire County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 31.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9583-12.6%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampshire County, you may be able to get a good deal. 47% of homes here sold below asking price last month.

Summary: A total of 83 homes were sold or pending in Hampshire County in October 2024, down by 12.6% month-over-month. Of the 83 sold homes, 47% were sold under asking, 6% were sold at asking, and 47% were sold over asking.

Days on Market for Hampshire County, MA

How long does it take to sell a home in Hampshire County, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days44 Days+66.3%

Summary: Homes in Hampshire County had an average of 44 days on market in Oct 2024, up by 66.3% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hampshire County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 83 homes were sold in Hampshire County; 54% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Hampshire County, MA

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What housing markets are near Hampshire County, MA?