Agawam, MA01001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$334,000
2.3% YoY Growth
Median Household Income
$71,900
15.7% 5-Year Growth
Days on Market
20
2.0% Longer than last year
Home Price Forecast
2.0%
Median Rent
$1,890
2.0% YoY Growth
1-Bed Rent
$1,200
9.1% YoY Growth
2-Bed Rent
$1,800
9.8% YoY Growth
3-Bed Rent
$2,300
6.5% YoY Growth

Other Zip Codes in Agawam, MA

Property Listings — Agawam, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Agawam, MA is 20. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 52.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$357,0003.0%
Listing Count
277.0%
Listings as % of Homes0.4%7.0%
Days on Market
202.0%
Loading chart...

Demographics — Agawam, MA

As of the latest ACS Survey released in 2023, Agawam, MA has a population of 16,100, which has decreased by -8.4% over the past 5 years. Agawam, MA is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
16,100-8.4%
% Under 18
17.4%-7.0%
% Seniors
23.3%-3.3%
% WFH
11.6%314.3%
% w/ College Degree
35.6%9.5%
Loading chart...

As of the latest ACS Survey released in 2023, Agawam, MA is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Agawam, MA is hispanic, making up 7.8% of the population. Foreign-born residents account for 10.8% of the population in Agawam, MA, and this percentage has increased by 28.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.0%-6.0%
% Black
3.7%85.0%
% Hispanic
7.8%41.8%
% Asian
3.8%22.6%
% Foreign Born
10.8%28.6%
Loading chart...

Mortgage and Risk — Agawam, MA

According to HUD data as of 2023, there were 380 mortgage originations in Agawam, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Agawam, MA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
380
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Agawam, MA

Agawam, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
77
Total Units Section 8
66
% Rentals under Section 8
4.2%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$140$1,200$1,340
2 Bedroom-$140$1,800$1,660
3 Bedroom-$280$2,300$2,020
4 BedroomN/AN/A$2,260

Affordability — Agawam, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$334,000
Median Household Income$71,900

Agawam, MA — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions