Hampden County, Massachusetts Housing Market Prices
Hampden County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 54% below the Massachusetts median Cheapest county in Massachusetts$229,767
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Median rent 36% below the Massachusetts median Among the top 3 cheapest counties in Massachusetts$1,135
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hampden County | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $229,767 | $494,523 | $248,835 |
| Price Trend (Annual %) | 7.3% | 6.6% | 7.5% |
| Median Gross Rent | $1,135 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hampden County is about 54% lower than in Massachusetts. Rent is about 36% lower than the Massachusetts average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hampden County, up about 7.3% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Hampden County rose about 38.2% between 2015 and 2024, from $822 to $1,135. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Hampden County.
Buying the median-priced home in Hampden County costs roughly 16.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Hampden County. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Hampden County | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $229,767 | $494,523 | $248,835 |
| Median Household Income | $71,193 | $104,336 | $80,455 |
| Price-to-Income Ratio | 3.2 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hampden County rose about 59.4%, while median household income rose about 46.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hampden County | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.1% | 57.5% | 58.5% |
| Rental Rate | 35.2% | 34.4% | 31.2% |
| Vacancy Rate | 6.6% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Hampden County has a homeownership rate of 58.1%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 6.6%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Hampden County | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1960 | 1963 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Hampden County was built around 1960. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Hampden County, MA Housing Compared With Nearby Counties
Hampden County, MA is the 2nd largest of the 6 counties compared here, 462,481 residents against a local median of 129,358. Where Hampden County, MA breaks from the counties next to it is median home price, sitting 30% below the local median of $330,403 at $229,767.
The counties themselves spread $182,483 on median home price, so Hampden County, MA sits at one end of an already wide local range rather than apart from it. Hampden County, MA has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hampden County, MA | 462,481 | $229,767 #6/6 | $1,135 #5/6 | 62.2% #6/6 |
| Hampshire County, MA | 161,946 | $415,384 | $1,387 | 67.8% |
| Capitol Planning Region, CT | 920,648 | $232,901 | $1,423 | 65.8% |
| Franklin County, MA | 70,937 | $330,403 | $1,176 | 70.1% |
| Berkshire County, MA | 129,358 | $337,519 | $1,096 | 69.9% |
| Northwest Hills Planning Region, CT | 104,183 | $304,911 | $1,196 | 76.5% |
Frequently Asked Questions
Common questions about the housing market in Hampden County, Massachusetts.
What is the median home price in Hampden County, Massachusetts?
The median home price in Hampden County, Massachusetts is $229,767, lower than the Massachusetts average of $494,523.
What is the average home price in Hampden County, Massachusetts?
The typical home price in Hampden County, Massachusetts, reported as the median sale price, is $229,767. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hampden County, Massachusetts?
The median gross rent in Hampden County, Massachusetts is $1,135 per month, lower than the Massachusetts average of $1,761.
What was the median gross rent in Hampden County in 2020?
In 2020, the median gross rent in Hampden County, Massachusetts was $920 per month.
What is the price-to-rent ratio in Hampden County, Massachusetts?
The price-to-rent ratio in Hampden County, Massachusetts is about 16.9, meaning it would take roughly 16.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Hampden County.
Are home prices or rent rising faster in Hampden County, Massachusetts?
Both home prices and rent are rising in Hampden County, up about 7.3% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hampden County, Massachusetts?
58.1% of households in Hampden County, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Hampden County, Massachusetts?
The housing vacancy rate in Hampden County, Massachusetts is 6.6%, lower than the Massachusetts average of 8.1%.
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