East Longmeadow, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

East Longmeadow, MA Housing Market Trends

With a population of 16,192, 5,958 total housing units (homes and apartments), and a median house value of $322,301, East Longmeadow real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in East Longmeadow, accounting for 87.07% of the town's housing units. Other types of housing that are prevalent in East Longmeadow include large apartment complexes or high rise apartments ( 8.64%), duplexes, homes converted to apartments or other small apartment buildings ( 3.50%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Longmeadow. Owner-occupied housing accounts for 80.43% of East Longmeadow's homes, and 71.11% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. East Longmeadow's housing was primarily built during this period, from the '40s through the '60s. A full 45.27% of the town's housing hails from this era. Other housing ages represented in East Longmeadow include homes built between 1970-1999 ( 29.34%) and housing constructed between 2000 and later ( 15.69%). There's also some housing in East Longmeadow built before 1939 ( 9.69%).

East Longmeadow Home Appreciation Rates

East Longmeadow's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Longmeadow during the period has been just 1.95%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, East Longmeadow's appreciation rate, at 5.86%, has been at or slightly above the national average. In the latest quarter, East Longmeadow's appreciation rate has been 2.20%, which annualizes to a rate of 9.10%.

Relative to Massachusetts, our data show that East Longmeadow's latest annual appreciation rate is higher than 50% of the other cities and towns in Massachusetts.

Average Home Values

 
info

Median Home Value:
$322,301

East Longmeadow, MA HOME PRICES

> $1,156,000
0.5%
0.5%
$867,001 - $1,156,000
0.4%
0.4%
$578,001 - $867,000
7.8%
7.8%
$462,001 - $578,000
11.3%
11.3%
$347,001 - $462,000
19.7%
19.7%
$231,001 - $347,000
42.4%
42.4%
$116,001 - $231,000
16.5%
16.5%
$58,001 - $116,000
0.0%
0.0%
$0 - $58,000
1.5%
1.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Low for MA

Value Relative To Nation

Number Of Homes And Apartments:
5,958

East Longmeadow Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
75.92% 2.73%
4
6
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,393 / per month

Homeownership Rate

Owners
80.4%
80.4%
Renters
19.6%
19.6%
Vacant
4.7%
4.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
15.7%
15.7%
1970 - 1999
29.3%
29.3%
1940 - 1969
45.3%
45.3%
1939 or Older
9.7%
9.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
87.1%
87.1%
Townhomes
0.8%
0.8%
Small Apt. Buildings
3.5%
3.5%
Apt. Complexes
8.6%
8.6%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
7.8%
7.8%
2 Bedrooms
14.3%
14.3%
3 Bedrooms
41.6%
41.6%
4 Bedrooms
29.5%
29.5%
5 or more bedrooms
4.6%
4.6%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in East Longmeadow

Zip Codes in East Longmeadow, MA