Northampton, MA—01062
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 $470,000, with a year-over-year change of 0.2%. This indicates that home prices in Northampton, MA are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $470,000 | 0.2% |
| Single Family | $474,000 | -0.2% |
| Condos | $393,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $383,000 | -1.8% |
3 Bed | $447,000 | -0.7% |
4 Bed | $631,000 | 0.2% |
| 5 Bed | $686,000 | 0.1% |
% of Housing Stock
Rental Trends — Northampton, MA
As of July '25, Rentcast reports the average rent in Northampton, MA is $1,880, with a year-over-year rent change of -32.9%. Per bedroom, the median rent as of July '25 in Northampton, MA is 1-bedrooms: $1,740, 3-bedrooms: $2,300. The most common rental property sizes in Northampton, MA are 2-bedroom and 1-bedroom, accounting for 49.1% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,920 | $1,740 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% 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 46. This is a increase of 84.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $612,000 | 18.0% |
Listing Count | 15 | 5.0% |
| Listings as % of Homes | 0.1% | 5.0% |
Days on Market | 46 | 84.0% |
Demographics — Northampton, MA
As of the latest ACS Survey released in 2023, Northampton, MA has a population of 9,190, which has decreased by -12.5% over the past 5 years. Northampton, MA is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 51.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,190 | -12.5% |
% Under 18 | 17.2% | -26.5% |
% Seniors | 26.4% | 48.3% |
% WFH | 19.2% | 146.2% |
% w/ College Degree | 51.9% | -4.8% |
As of the latest ACS Survey released in 2023, Northampton, MA is a predominantly white area, with 86.5% of the population identifying as white. The white population has grown by 8.9% in the last 5 years. The second most common race or ethnicity in Northampton, MA is hispanic, making up 7.0% of the population. Foreign-born residents account for 4.2% of the population in Northampton, MA, and this percentage has decreased by 37.3% 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 | 86.5% | 8.9% |
% Black | 1.7% | 30.8% |
% Hispanic | 7.0% | -35.2% |
% Asian | 0.9% | -82.4% |
% Foreign Born | 4.2% | -37.3% |
Mortgage and Risk — Northampton, MA
According to HUD data as of 2023, there were 163 mortgage originations in Northampton, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Northampton, MA. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 163 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Northampton, MA
Northampton, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 255 |
Total Units Section 8 | 181 |
% Rentals under Section 8 | 18.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$660 | $1,920 | $1,260 |
| 2 Bedroom | N/A | N/A | $1,570 |
| 3 Bedroom | -$390 | $2,300 | $1,910 |
| 4 Bedroom | N/A | N/A | $2,140 |
Affordability — Northampton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $470,000 |
| Median Household Income | $87,800 |