Chicopee, MA—01020

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$331,000

2.4% YoY Growth

Household Income

$71,000

21.9% YoY Growth

Days on Market

21.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$1,590

4.8% YoY Growth

1-Bed Rent

$1,450

2.0% YoY Growth

2-Bed Rent

$1,700

8.0% YoY Growth

3-Bed Rent

$1,690

5.5% YoY Growth

Other Zip Codes in Chicopee, MA

01022 01013

Home Price Trends — Chicopee, MA

As of May '26, the median home price in Chicopee, MA is $331,000, with a year-over-year change of 2.4%. This indicates that home prices in Chicopee, MA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$331,000	2.4%
Single Family	$334,000	2.5%
Condos	$253,000	2.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,590	$1,590
Studio Rent	$1,370	$1,280
1 Bed Rent	$1,450	$1,550
2 Bed Rent	$1,700	$1,890
3 Bed Rent	$1,690	$1,720
4 Bed Rent	N/A	N/A

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$349,000	0.0%
Listing Count	53	57.0%
Listings as % of Homes	0.2%	57.0%
Days on Market	22	21.0%

Metric	Latest Census	YoY % Change
Population	30,200	0.4%
% Under 18	17.5%	-2.8%
% Seniors	21.4%	12.0%
% WFH	8.4%	833.3%
% w/ College Degree	22.9%	29.4%

Metric	Latest Census	5-Year % Change
% White	70.8%	-7.6%
% Black	4.8%	33.3%
% Hispanic	20.6%	25.6%
% Asian	2.1%	5.0%
% Foreign Born	9.3%	36.8%

Metric	Zip Code Average
Total Loan Originations	651
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

Chicopee, MA—01020

Key Metrics at a Glance

Other Zip Codes in Chicopee, MA

Home Price Trends — Chicopee, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chicopee, MA

% of Rental Stock

Property Listings — Chicopee, MA

Demographics — Chicopee, MA

Race and Ethnicity

Mortgage and Risk — Chicopee, MA

Mortgages

Rentals and Section 8 — Chicopee, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Chicopee, MA

Home Price to Income Ratio

Chicopee, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Chicopee, MA

Liberty Heights, Springfield, MA

Chicopee, MA

Bay, Springfield, MA

Indian Orchard, Springfield, MA

Frequently Asked Questions

Total Units under HUD	839
Total Units Section 8	596
% Rentals under Section 8	10.8%
% Occupied Section 8	91.9%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$240	$1,450	$1,210
2 Bedroom	-$200	$1,700	$1,500
3 Bedroom	$140	$1,690	$1,830
4 Bedroom	N/A	N/A	$2,040

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$331,000
Median Household Income	$71,000

Chicopee, MA—01020

Key Metrics at a Glance

Other Zip Codes in Chicopee, MA

Home Price Trends — Chicopee, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chicopee, MA

% of Rental Stock

Property Listings — Chicopee, MA

Demographics — Chicopee, MA

Race and Ethnicity

Mortgage and Risk — Chicopee, MA

Mortgages

Rentals and Section 8 — Chicopee, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Chicopee, MA

Home Price to Income Ratio

Chicopee, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Chicopee, MA

Liberty Heights, Springfield, MA

Chicopee, MA

Bay, Springfield, MA

Indian Orchard, Springfield, MA

Frequently Asked Questions

What is the average home price in Chicopee, MA 01020?

How have home prices in Chicopee, MA 01020 changed over the past year?

What is the home price projection for Chicopee, MA 01020?

What are the demographics of Chicopee, MA 01020?

How long does it take homes to sell in Chicopee, MA 01020?

What is the average rent price in Chicopee, MA 01020?