Hampden County Housing Market Report December 2024Hampden County, Massachusetts

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Housing Prices in Hampden County, MA

How much do homes in Hampden County, MA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Hampden County is a Seller's Market

Difference Since December 2023

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$329,823$214/SqFt
+$25,966
+8.5%

Based on all homes sold in the last 12 months

Insight

Homes in Hampden County have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Hampden County was $329,823 in December 2024, up 8.5% from last year, and the median price per square foot was $214.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hartford County
+9.7%
Hampshire County
+8.8%
Hampden County
+8.5%
Worcester County
+7.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$150K$165K
+10.0%
2$243K$260K
+7.0%
3$300K$325K
+8.3%
4$339.9K$375K
+10.3%
5$350K$379.9K
+8.6%

Summary: Hampden County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +10.0%. The home price for 2 bedroom homes increased by +7.0%. The home price for 3 bedroom homes increased by +8.3%. The home price for 4 bedroom homes increased by +10.3%. The home price for 5 bedroom homes increased by +8.6%.

Housing supply in Hampden County, MA

How many homes are available in Hampden County, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,040Last MonthDec 2024
1,2762 months agoNov 2024
-18.5 %
Change MoMNov – Dec

Summary: The Hampden County real estate market had 1,040 homes for sale in Dec 2024, a 18.5 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
343Last MonthDec 2024
3692 months agoNov 2024
-7.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
11922
+15.8%
2233178
-23.6%
3514411
-20.0%
4291247
-15.1%
5219182
-16.9%

Summary: Hampden County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +15.8%. The inventory for 2 bedroom homes decreased by -23.6%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes decreased by -15.1%. The inventory for 5 bedroom homes decreased by -16.9%.

Asking Price vs. Sold Price

How much do homes in Hampden County, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price145 Homes

At Asking Price62 Homes

Under Asking Price136 Homes

Insight

If you're buying a home in Hampden County, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.

Summary: A total of 343 homes were sold or pending in Hampden County in December 2024, down by 7.0% month-over-month. Of the 343 sold homes, 40% were sold under asking, 18% were sold at asking, and and 42% were sold over asking.

Days on Market for Hampden County, MA

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

Breakdown of Home Sale Times

Under 30 Days200 Homes

30 – 90 Days128 Homes

Over 90 Days14 Homes

Insight

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

Summary: During December 2024, 343 homes were sold in Hampden County; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
36 DaysThis YearDec 2024
36 Days1 year agoDec 2023
-0.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Hampden County had an average listing age of 36 days in Dec 2024, down by 0.3% compared to the previous year.

Newest Listings in Hampden County, MA

What homes are available in Hampden County, MA?

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., Berkshire County Multiple Listing Service, SmartMLS, and Rhode Island State Wide MLS for the period 01/01/2023 - 01/01/2025

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Last updated on: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/17/2025, 11:16:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.