Greenfield, MA 01301 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Greenfield, MA—01301

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$339,000

0.7% YoY Growth

Household Income

$54,300

10.2% YoY Growth

Days on Market

52.0% Longer YoY

Home Price Forecast

0.7%

Median Rent

$1,800

1.6% YoY Growth

1-Bed Rent

$1,350

N/A

2-Bed Rent

$1,900

17.8% YoY Growth

3-Bed Rent

$2,300

3.1% YoY Growth

Home Price Trends — Greenfield, MA

As of May '26, the median home price in Greenfield, MA is $339,000, with a year-over-year change of 0.7%. This indicates that home prices in Greenfield, MA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$339,000	0.7%
Single Family	$345,000	0.6%
Condos	$266,000	0.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Greenfield, MA

As of July '25, Rentcast reports the average rent in Greenfield, MA is $1,850, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Greenfield, MA is 1-bedrooms: $1,330, 2-bedrooms: $1,990, 3-bedrooms: $2,300. The most common rental property sizes in Greenfield, MA are 1-bedroom and 2-bedroom, accounting for 39.4% and 37.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,850
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,330
2 Bed Rent	$1,900	$1,990
3 Bed Rent	$2,300	$2,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.6%

1 Bedroom

39.4%

2 Bedrooms

37.7%

3 Bedrooms

14.1%

4 Bedrooms

1.7%

5+ Bedrooms

0.5%

Property Listings — Greenfield, MA

As of May '26, Realtor.com reports that the median days on market for a home in Greenfield, MA is 22. This is a increase of 52.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$338,000	-15.0%
Listing Count	24	2.0%
Listings as % of Homes	0.2%	2.0%
Days on Market	22	52.0%

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Demographics — Greenfield, MA

As of the latest ACS Survey released in 2023, Greenfield, MA has a population of 17,900, which has remained stable by 0.9% over the past 5 years. Greenfield, MA is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 38.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,900	0.9%
% Under 18	19.1%	5.5%
% Seniors	23.8%	17.2%
% WFH	12.6%	100.0%
% w/ College Degree	38.0%	13.1%

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As of the latest ACS Survey released in 2023, Greenfield, MA is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Greenfield, MA is hispanic, making up 6.0% of the population. Foreign-born residents account for 5.9% of the population in Greenfield, MA, and this percentage has decreased by 1.7% 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	87.3%	-0.2%
% Black	2.5%	-3.8%
% Hispanic	6.0%	-18.9%
% Asian	1.9%	90.0%
% Foreign Born	5.9%	-1.7%

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Mortgage and Risk — Greenfield, MA

According to HUD data as of 2023, there were 220 mortgage originations in Greenfield, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Greenfield, MA. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	220
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Greenfield, MA

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

Section 8 Market Size

Total Units under HUD	970
Total Units Section 8	966
% Rentals under Section 8	26.0%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$210	$1,350	$1,140
2 Bedroom	-$400	$1,900	$1,500
3 Bedroom	-$490	$2,300	$1,810
4 Bedroom	N/A	N/A	$2,020

Greenfield, MA—01301

Key Metrics at a Glance

Home Price Trends — Greenfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Greenfield, MA

% of Rental Stock

Property Listings — Greenfield, MA

Demographics — Greenfield, MA

Race and Ethnicity

Mortgage and Risk — Greenfield, MA

Mortgages

Rentals and Section 8 — Greenfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Greenfield, MA

Home Price to Income Ratio

Greenfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Turners Falls, MA

Bernardston, MA

Deerfield, MA

Gill, MA

Lake Pleasant

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$339,000
Median Household Income	$54,300

Greenfield, MA—01301

Key Metrics at a Glance

Home Price Trends — Greenfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Greenfield, MA

% of Rental Stock

Property Listings — Greenfield, MA

Demographics — Greenfield, MA

Race and Ethnicity

Mortgage and Risk — Greenfield, MA

Mortgages

Rentals and Section 8 — Greenfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Greenfield, MA

Home Price to Income Ratio

Greenfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Turners Falls, MA

Bernardston, MA

Deerfield, MA

Gill, MA

Lake Pleasant

Frequently Asked Questions

What is the average home price in Greenfield, MA 01301?

How have home prices in Greenfield, MA 01301 changed over the past year?

What is the home price projection for Greenfield, MA 01301?

What are the demographics of Greenfield, MA 01301?

How long does it take homes to sell in Greenfield, MA 01301?

What is the average rent price in Greenfield, MA 01301?