Easthampton, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Easthampton Neighborhoods Since 2000




Easthampton, MA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Easthampton Housing Market Information

With a population of 16,030, 7,322 total housing units (homes and apartments), and a median house value of $255,293, Easthampton real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Easthampton homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Easthampton, accounting for 51.11% of the city's housing units. Other types of housing that are prevalent in Easthampton include duplexes, homes converted to apartments or other small apartment buildings ( 22.43%), large apartment complexes or high rise apartments ( 16.70%), and a few row houses and other attached homes ( 9.64%).

The most prevalent building size and type in Easthampton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.89% owning and 43.11% renting.

There is a lot of housing in Easthampton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Easthampton built before 1939 ( 32.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.33%). There's also some housing in Easthampton built between 2000 and later ( 9.07%).

Easthampton Home Appreciation Rates

Real estate appreciation rates in Easthampton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Over the last year, Easthampton appreciation rates have trailed the rest of the nation. In the last twelve months, Easthampton's appreciation rate has been 0.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Easthampton were at 1.15%, which equates to an annual appreciation rate of 4.66%.

Relative to Massachusetts, our data show that Easthampton's latest annual appreciation rate is lower than 90% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$255,293

Easthampton, MA HOME PRICES

Value Range
> $1,052,000 0.1
$789,001 - $1,052,000 0.7
$526,001 - $789,000 0.6
$421,001 - $526,000 3.1
$316,001 - $421,000 14.9
$210,001 - $316,000 51.4
$105,001 - $210,000 26.6
$53,001 - $105,000 1.5
$0 - $53,000 1.1

Very Low for MA
High for Nation

Value Relative to Nation Value Relative to State
21.780147662018 83.974358974359

Number Of Homes And Apartments:
7,322

Easthampton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
65.75% 2.97% 9 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,244 / per month

Homeownership Rate

Homeownership
Owners 56.89
Renters 43.11
Vacant 4.31

Housing Market Details

 

Age of Homes

AGE OF Easthampton HOMES
2000 or Newer 9.1
1970 - 1999 34.5
1940 - 1969 24.3
1939 or Older 32.1

Types of Homes

TYPE OF Easthampton HOMES
Single-Family 51.1
Townhomes 9.6
Small Apt. Buildings 22.4
Apt. Complexes 16.7
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Easthampton HOMES
No Bedroom 1.82
1 Bedroom 17.34
2 Bedrooms 28.40
3 Bedrooms 38.93
4 Bedrooms 11.59
5 or more bedrooms 1.92