Hampden, MA01036

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$428,000
2.3% YoY Growth
Median Household Income
$111,000
28.8% 5-Year Growth
Days on Market
58
134.0% Longer than last year
Home Price Forecast
1.9%
Median Rent
$3,500
79.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,500
N/A

Property Listings — Hampden, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Hampden, MA is 58. This is a increase of 134.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$500,000-11.0%
Listing Count
611.0%
Listings as % of Homes0.4%11.0%
Days on Market
58134.0%
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Demographics — Hampden, MA

As of the latest ACS Survey released in 2023, Hampden, MA has a population of 4,940, which has decreased by -4.9% over the past 5 years. Hampden, MA is a less popular place for families, as children make up 12.5% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,940-4.9%
% Under 18
12.5%-29.8%
% Seniors
27.4%15.6%
% WFH
7.2%148.3%
% w/ College Degree
37.7%9.3%
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As of the latest ACS Survey released in 2023, Hampden, MA is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Hampden, MA is hispanic, making up 4.3% of the population. Foreign-born residents account for 3.2% of the population in Hampden, MA, and this percentage has increased by 23.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.8%-1.2%
% Black
0.0%-100.0%
% Hispanic
4.3%10.3%
% Asian
0.6%0.0%
% Foreign Born
3.2%23.1%
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Mortgage and Risk — Hampden, MA

According to HUD data as of 2023, there were 104 mortgage originations in Hampden, MA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Hampden, MA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
104
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Hampden, MA

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

Section 8 Market Size

Total Units under HUD
58
Total Units Section 8
58
% Rentals under Section 8
90.5%
% Occupied Section 8
91.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,510
2 BedroomN/AN/A$1,860
3 Bedroom-$1,250$3,500$2,250
4 BedroomN/AN/A$2,640

Affordability — Hampden, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$428,000
Median Household Income$111,000

Hampden, MA — ZIP Code Boundary Map

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Frequently Asked Questions