Hampshire County, Massachusetts Housing Market Prices
Hampshire 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 16% below the Massachusetts median$415,384
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Median rent 21% below the Massachusetts median$1,387
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hampshire County | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $415,384 | $494,523 | $248,835 |
| Price Trend (Annual %) | 17.0% | 6.6% | 7.5% |
| Median Gross Rent | $1,387 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hampshire County is about 16% lower than in Massachusetts. Rent is about 21% 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 Hampshire County, up about 17.0% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Hampshire County rose about 43.8% between 2015 and 2024, from $965 to $1,387. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Hampshire County.
Buying the median-priced home in Hampshire County costs roughly 25.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hampshire County. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Hampshire County | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $415,384 | $494,523 | $248,835 |
| Median Household Income | $87,740 | $104,336 | $80,455 |
| Price-to-Income Ratio | 4.7 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hampshire County rose about 76.1%, while median household income rose about 43.0% 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 | Hampshire County | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.1% | 57.5% | 58.5% |
| Rental Rate | 29.9% | 34.4% | 31.2% |
| Vacancy Rate | 7.0% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Hampshire County has a homeownership rate of 63.1%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 7.0%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Hampshire County | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.24 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1962 | 1963 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Hampshire County was built around 1962. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Hampshire County, MA Housing Compared With Nearby Counties
Hampshire County, MA is the 3rd largest of the 6 counties compared here, 161,946 residents against a local median of 129,358. Hampshire County, MA's median home price, at $415,384, runs 78% above the $232,901 typical of the counties around it.
Median rent tells the same story from another angle: $1,387 against a local median of $1,135, 22% above it. The counties themselves spread $146,387 on median home price, so Hampshire County, MA sits at one end of an already wide local range rather than apart from it. Hampshire County, MA has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hampshire County, MA | 161,946 | $415,384 #1/6 | $1,387 #2/6 | 67.8% #4/6 |
| Hampden County, MA | 462,481 | $229,767 | $1,135 | 62.2% |
| Franklin County, MA | 70,937 | $330,403 | $1,176 | 70.1% |
| Capitol Planning Region, CT | 920,648 | $232,901 | $1,423 | 65.8% |
| Berkshire County, MA | 129,358 | $337,519 | $1,096 | 69.9% |
| Windham County, VT | 45,878 | $191,132 | $1,056 | 74.0% |
Frequently Asked Questions
Common questions about the housing market in Hampshire County, Massachusetts.
What is the median home price in Hampshire County, Massachusetts?
The median home price in Hampshire County, Massachusetts is $415,384, lower than the Massachusetts average of $494,523.
What is the average home price in Hampshire County, Massachusetts?
The typical home price in Hampshire County, Massachusetts, reported as the median sale price, is $415,384. 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 Hampshire County, Massachusetts?
The median gross rent in Hampshire County, Massachusetts is $1,387 per month, lower than the Massachusetts average of $1,761.
What was the median gross rent in Hampshire County in 2020?
In 2020, the median gross rent in Hampshire County, Massachusetts was $1,095 per month.
What is the price-to-rent ratio in Hampshire County, Massachusetts?
The price-to-rent ratio in Hampshire County, Massachusetts is about 25.0, meaning it would take roughly 25.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hampshire County.
Are home prices or rent rising faster in Hampshire County, Massachusetts?
Both home prices and rent are rising in Hampshire County, up about 17.0% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hampshire County, Massachusetts?
63.1% of households in Hampshire County, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Hampshire County, Massachusetts?
The housing vacancy rate in Hampshire County, Massachusetts is 7.0%, lower than the Massachusetts average of 8.1%.
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