Hampshire County, Massachusetts Housing Market
In Hampshire County, Massachusetts, the median home value is $390,300, with a median monthly rent of $1,388. This places Hampshire County at #314 nationally out of 3134 counties by median home value, and #11 within Massachusetts.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,095
- Establishments: 4,724
- BLS QCEW, 2025
Housing Supply
- Single-family: 93
- Multi-family: 198
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 64,652 (avg $96,362)
- Outflow: 62,372 (avg $96,372)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 8 active ZIP codes in Hampshire County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 01073 | 293.6 | +19.41% | 2025 |
| 2 | 01035 | 306.4 | +2.81% | 2025 |
| 3 | 01027 | 312.9 | +2.34% | 2025 |
| 4 | 01062 | 287.2 | +3.69% | 2025 |
| 5 | 01007 | 279.8 | +8.39% | 2025 |
| 6 | 01075 | 265.6 | +3.35% | 2025 |
| 7 | 01033 | 245.0 | +7.16% | 2025 |
| 8 | 01060 | 305.8 | +2.13% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hampshire County Compares
| Metric | Hampshire County | Massachusetts Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $390,300 | $634,257 | $227,706 |
| Median Gross Rent | $1,388 | $1,615 | $968 |
| Owner Occupancy Rate | 67.8% | 67.2% | 73.3% |
| Price/Rent Ratio | 23.4 | 32.3 | 18.7 |
Market Analysis
The median home value in Hampshire County is 38.5% below the Massachusetts state average and 71.4% above the U.S. national average. The median rent of $1,388/month is 14.1% below the state average.
With a price-to-rent ratio of 23.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Hampshire County has an owner-occupancy rate of 67.8%, compared to 67.2% in Massachusetts and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Ozaukee County | Wisconsin | $390,200 | $1,154 |
| Orange County | Florida | $390,100 | $1,775 |
| Canyon County | Idaho | $390,000 | $1,347 |
| Johnson County | Kansas | $391,200 | $1,434 |
| Durham County | North Carolina | $389,400 | $1,508 |
Other Counties in Massachusetts
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Worcester County | $423,700 | $1,426 | 65.8% |
| Bristol County | $451,200 | $1,245 | 62.3% |
| Franklin County | $329,000 | $1,177 | 70.1% |
| Berkshire County | $305,400 | $1,097 | 69.9% |
| Hampden County | $298,800 | $1,136 | 62.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).