Colrain, MA—01340
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colrain, MA
As of Oct '25, the median home price in Colrain, MA is $308,000, with a year-over-year change of -2.8%. This indicates that home prices in Colrain, MA are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | -2.8% |
| Single Family | $308,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $291,000 | -3.0% |
3 Bed | $327,000 | -3.0% |
4 Bed | $363,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colrain, MA
Colrain, 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 — Colrain, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Colrain, MA is 107. This is a increase of 109.0% 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 | $579,000 | 9.0% |
Listing Count | 2 | -36.0% |
| Listings as % of Homes | 0.4% | -36.0% |
Days on Market | 107 | 109.0% |
Demographics — Colrain, MA
As of the latest ACS Survey released in 2023, Colrain, MA has a population of 1,810, which has remained stable by -0.1% over the past 5 years. Colrain, MA is a less popular place for families, as children make up 13.1% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,810 | -0.1% |
% Under 18 | 13.1% | -28.0% |
% Seniors | 31.1% | 37.6% |
% WFH | 7.3% | -1.4% |
% w/ College Degree | 34.8% | 17.6% |
As of the latest ACS Survey released in 2023, Colrain, MA is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Colrain, MA is hispanic, making up 3.0% of the population. Foreign-born residents account for 2.3% of the population in Colrain, MA, and this percentage has decreased by 4.2% 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 | 91.8% | -4.9% |
% Black | 1.3% | 85.7% |
% Hispanic | 3.0% | 400.0% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 2.3% | -4.2% |
Mortgage and Risk — Colrain, MA
According to HUD data as of 2023, there were 45 mortgage originations in Colrain, MA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Colrain, MA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Colrain, MA
Colrain, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | N/A | N/A | $1,470 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Colrain, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $308,000 |
| Median Household Income | $82,600 |