Savoy, MA 01256 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Savoy, MA—01256

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$309,000

1.7% YoY Growth

Household Income

$55,000

8.6% YoY Growth

Days on Market

N/A

Home Price Forecast

2.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Savoy, MA

As of Dec '25, the median home price in Savoy, MA is $309,000, with a year-over-year change of 1.7%. This indicates that home prices in Savoy, MA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$309,000	1.7%
Single Family	$309,000	0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Savoy, MA

Savoy, 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

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% of Rental Stock

1 Bedroom

7.4%

2 Bedrooms

33.3%

3 Bedrooms

22.2%

4 Bedrooms

37.0%

Property Listings — Savoy, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Savoy, MA is 160. This is a increase of 114.0% 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	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	0.7%	N/A
Days on Market	N/A	N/A

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Demographics — Savoy, MA

As of the latest ACS Survey released in 2023, Savoy, MA has a population of 733, which has increased by 1.9% over the past 5 years. Savoy, MA is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	733	1.9%
% Under 18	15.4%	-10.5%
% Seniors	30.4%	46.9%
% WFH	2.1%	-52.3%
% w/ College Degree	23.7%	18.5%

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As of the latest ACS Survey released in 2023, Savoy, MA is a predominantly white area, with 97.1% of the population identifying as white. The white population has grown by 9.7% in the last 5 years. The second most common race or ethnicity in Savoy, MA is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.4% of the population in Savoy, MA, and this percentage has decreased by 44.0% 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	97.1%	9.7%
% Black	0.4%	-94.9%
% Hispanic	1.6%	-33.3%
% Asian	0.0%	N/A
% Foreign Born	1.4%	-44.0%

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Mortgage and Risk — Savoy, MA

According to HUD data as of 2023, there were 32 mortgage originations in Savoy, MA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Savoy, MA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	32
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	0.0%
% Second Loans	3.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Savoy, MA

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	7.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,090
2 Bedroom	N/A	N/A	$1,410
3 Bedroom	N/A	N/A	$1,740
4 Bedroom	N/A	N/A	$2,160

Savoy, MA—01256

Key Metrics at a Glance

Home Price Trends — Savoy, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Savoy, MA

% of Rental Stock

Property Listings — Savoy, MA

Demographics — Savoy, MA

Race and Ethnicity

Mortgage and Risk — Savoy, MA

Mortgages

Rentals and Section 8 — Savoy, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Savoy, MA

Home Price to Income Ratio

Savoy, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Hoosac Tunnel Station, MA

Windsor, MA

Adams, MA

Plainfield, MA

North Adams, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$309,000
Median Household Income	$55,000

Savoy, MA—01256

Key Metrics at a Glance

Home Price Trends — Savoy, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Savoy, MA

% of Rental Stock

Property Listings — Savoy, MA

Demographics — Savoy, MA

Race and Ethnicity

Mortgage and Risk — Savoy, MA

Mortgages

Rentals and Section 8 — Savoy, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Savoy, MA

Home Price to Income Ratio

Savoy, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Hoosac Tunnel Station, MA

Windsor, MA

Adams, MA

Plainfield, MA

North Adams, MA

Frequently Asked Questions

What is the average home price in Savoy, MA 01256?

How have home prices in Savoy, MA 01256 changed over the past year?

What is the home price projection for Savoy, MA 01256?

What are the demographics of Savoy, MA 01256?

How long does it take homes to sell in Savoy, MA 01256?

What is the average rent price in Savoy, MA 01256?