Belchertown, MA01007

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$460,000
1.6% YoY Growth
Median Household Income
$99,100
6.2% 5-Year Growth
Days on Market
18
48.0% Longer than last year
Home Price Forecast
1.9%
Median Rent
$1,800
30.2% YoY Growth
1-Bed Rent
$1,800
N/A
2-Bed Rent
$1,480
N/A
3-Bed Rent
$2,300
25.8% YoY Growth

Property Listings — Belchertown, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Belchertown, MA is 18. This is a increase of 48.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$507,000-10.0%
Listing Count
26-10.0%
Listings as % of Homes0.3%-10.0%
Days on Market
1848.0%
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Demographics — Belchertown, MA

As of the latest ACS Survey released in 2023, Belchertown, MA has a population of 15,400, which has increased by 2.9% over the past 5 years. Belchertown, MA is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
15,4002.9%
% Under 18
20.0%-10.7%
% Seniors
20.0%35.1%
% WFH
12.5%190.7%
% w/ College Degree
45.9%-4.0%
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As of the latest ACS Survey released in 2023, Belchertown, MA is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Belchertown, MA is hispanic, making up 6.0% of the population. Foreign-born residents account for 4.9% of the population in Belchertown, MA, and this percentage has decreased by 5.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.7%-9.2%
% Black
2.6%333.3%
% Hispanic
6.0%328.6%
% Asian
2.9%-12.1%
% Foreign Born
4.9%-5.8%
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Mortgage and Risk — Belchertown, MA

According to HUD data as of 2023, there were 312 mortgage originations in Belchertown, MA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Belchertown, MA. Investor activity is low, as 1.0% 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
312
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Belchertown, MA

As of 2024, the percent of homes in Belchertown, MA under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Belchertown, MA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
85
Total Units Section 8
85
% Rentals under Section 8
8.1%
% Occupied Section 8
93.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$520$1,800$1,280
2 Bedroom$110$1,480$1,590
3 Bedroom-$360$2,300$1,940
4 Bedroom-$1,630$3,800$2,170

Affordability — Belchertown, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$460,000
Median Household Income$99,100

Belchertown, MA — ZIP Code Boundary Map

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Frequently Asked Questions