Hampshire County Housing Market Report December 2024Hampshire County, Massachusetts

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Housing Prices in Hampshire County, MA

How much do homes in Hampshire County, MA cost?

Housing Market Conditions

Is Hampshire 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

Hampshire County is a Seller's Market

Difference Since December 2023

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

Insight

Hampshire 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.
$424,466$263/SqFt
+$34,466
+8.8%

Based on all homes sold in the last 12 months

Insight

Homes in Hampshire County have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Hampshire County was $424,466 in December 2024, up 8.8% from last year, and the median price per square foot was $263.

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
Hampshire County
+8.8%
Hampden County
+8.5%
Franklin County
+7.7%
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$225K$195K
-13.3%
2$303K$328.3K
+8.3%
3$390K$427.8K
+9.7%
4$490K$549.9K
+12.2%
5$545.1K$589K
+8.0%

Summary: Hampshire County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -13.3%. The home price for 2 bedroom homes increased by +8.3%. The home price for 3 bedroom homes increased by +9.7%. The home price for 4 bedroom homes increased by +12.2%. The home price for 5 bedroom homes increased by +8.0%.

Housing supply in Hampshire County, MA

How many homes are available in Hampshire 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
343Last MonthDec 2024
4062 months agoNov 2024
-15.5 %
Change MoMNov – Dec

Summary: The Hampshire County real estate market had 343 homes for sale in Dec 2024, a 15.5 % 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
116Last MonthDec 2024
982 months agoNov 2024
+18.4 %
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
1129
-25.0%
28473
-13.1%
3168131
-22.0%
49084
-6.7%
55246
-11.5%

Summary: Hampshire County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes decreased by -13.1%. The inventory for 3 bedroom homes decreased by -22.0%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes decreased by -11.5%.

Asking Price vs. Sold Price

How much do homes in Hampshire 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 Price53 Homes

At Asking Price15 Homes

Under Asking Price48 Homes

Insight

If you're buying a home in Hampshire County, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.

Summary: A total of 116 homes were sold or pending in Hampshire County in December 2024, up by 18.4% month-over-month. Of the 116 sold homes, 41% were sold under asking, 13% were sold at asking, and and 46% were sold over asking.

Days on Market for Hampshire County, MA

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

Breakdown of Home Sale Times

Under 30 Days62 Homes

30 – 90 Days45 Homes

Over 90 Days9 Homes

Insight

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

Summary: During December 2024, 116 homes were sold in Hampshire County; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% 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
40 DaysThis YearDec 2024
36 Days1 year agoDec 2023
+10.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Hampshire County had an average listing age of 40 days in Dec 2024, up by 10.2% compared to the previous year.

Newest Listings in Hampshire County, MA

What homes are available in Hampshire County, MA?

MLS Disclaimers and Copyright

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

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Last updated on: 1/29/2025, 3:20:49 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: 1/29/2025, 3:16:00 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: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.