Northampton, MA—01060
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northampton, MA
As of Oct '25, the median home price in Northampton, MA is $485,000, with a year-over-year change of 0.7%. This indicates that home prices in Northampton, MA are flat. 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 | $485,000 | 0.7% |
| Single Family | $587,000 | 1.4% |
| Condos | $333,000 | 0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $259,000 | 0.4% |
2 Bed | $361,000 | -0.3% |
3 Bed | $569,000 | 1.2% |
4 Bed | $754,000 | 2.4% |
| 5 Bed | $1,003,000 | 0.0% |
% of Housing Stock
Rental Trends — Northampton, MA
As of July '25, Rentcast reports the average rent in Northampton, MA is $2,510, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Northampton, MA is 1-bedrooms: $1,570, 2-bedrooms: $2,360, 3-bedrooms: $2,860, 4-bedrooms: $3,260. The most common rental property sizes in Northampton, MA are 2-bedroom and 1-bedroom, accounting for 40.5% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,640 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,570 |
| 2 Bed Rent | $2,200 | $2,360 |
| 3 Bed Rent | $2,800 | $2,860 |
| 4 Bed Rent | $3,200 | $3,260 |
% of Rental Stock
Property Listings — Northampton, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Northampton, MA is 50. This is a increase of 130.0% 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 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 | $502,000 | 1.0% |
Listing Count | 30 | 31.0% |
| Listings as % of Homes | 0.2% | 31.0% |
Days on Market | 50 | 130.0% |
Demographics — Northampton, MA
As of the latest ACS Survey released in 2023, Northampton, MA has a population of 15,200, which has decreased by -3.4% over the past 5 years. Northampton, MA is a moderately popular place for families, as children make up 17.5% of the population. The area has a highly educated workforce, with 68.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,200 | -3.4% |
% Under 18 | 17.5% | 33.6% |
% Seniors | 17.5% | 14.4% |
% WFH | 23.0% | 91.7% |
% w/ College Degree | 68.5% | 10.8% |
As of the latest ACS Survey released in 2023, Northampton, MA is a predominantly white area, with 78.4% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Northampton, MA is hispanic, making up 12.0% of the population. Foreign-born residents account for 8.5% of the population in Northampton, MA, and this percentage has decreased by 1.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.4% | -5.1% |
% Black | 1.3% | -55.2% |
% Hispanic | 12.0% | 62.2% |
% Asian | 2.9% | -34.1% |
% Foreign Born | 8.5% | -1.2% |
Mortgage and Risk — Northampton, MA
According to HUD data as of 2023, there were 155 mortgage originations in Northampton, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Northampton, MA. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Northampton, MA
As of 2024, the percent of homes in Northampton, MA under the Section 8 program is 8.3%. 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. In Northampton, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 418 |
Total Units Section 8 | 341 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,700 | $1,540 |
| 2 Bedroom | -$290 | $2,200 | $1,910 |
| 3 Bedroom | -$470 | $2,800 | $2,330 |
| 4 Bedroom | -$600 | $3,200 | $2,600 |
Affordability — Northampton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $485,000 |
| Median Household Income | $75,100 |