Chicopee, MA—01022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chicopee, MA
As of Oct '25, the median home price in Chicopee, MA is $233,000, with a year-over-year change of 4.3%. This indicates that home prices in Chicopee, MA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $233,000 | 4.3% |
| Single Family | N/A | N/A |
| Condos | $230,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $194,000 | 5.4% |
2 Bed | $234,000 | 4.5% |
3 Bed | $258,000 | 12.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chicopee, MA
Chicopee, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chicopee, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chicopee, MA is 9. This is a decrease of -50.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $239,000 | 8.0% |
Listing Count | 6 | 33.0% |
| Listings as % of Homes | 0.2% | 33.0% |
Days on Market | 9 | -50.0% |
Demographics — Chicopee, MA
As of the latest ACS Survey released in 2023, Chicopee, MA has a population of 2,040, which has decreased by -18.2% over the past 5 years. Chicopee, MA is a less popular place for families, as children make up 14.3% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,040 | -18.2% |
% Under 18 | 14.3% | -17.8% |
% Seniors | 27.6% | 16.0% |
% WFH | 7.0% | 483.3% |
% w/ College Degree | 28.6% | 19.7% |
As of the latest ACS Survey released in 2023, Chicopee, MA is a predominantly white area, with 76.9% of the population identifying as white. The white population has grown by 16.5% in the last 5 years. The second most common race or ethnicity in Chicopee, MA is black, making up 10.5% of the population. Foreign-born residents account for 8.7% of the population in Chicopee, MA, and this percentage has increased by 97.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.9% | 16.5% |
% Black | 10.5% | -43.5% |
% Hispanic | 9.2% | 24.3% |
% Asian | 2.5% | 25.0% |
% Foreign Born | 8.7% | 97.7% |
Mortgage and Risk — Chicopee, MA
Chicopee, MA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Chicopee, MA
Chicopee, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,710 |
| 2 Bedroom | N/A | N/A | $2,120 |
| 3 Bedroom | N/A | N/A | $2,580 |
| 4 Bedroom | N/A | N/A | $2,890 |
Affordability — Chicopee, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $233,000 |
| Median Household Income | $56,300 |