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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Easthampton, 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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Easthampton, MA Housing Market Trends

With 16,045 people, 7,935 houses or apartments, and a median cost of homes of $457,082, 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 49.14% 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 ( 25.96%), large apartment complexes or high rise apartments ( 16.00%), and a few row houses and other attached homes ( 7.96%).

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 60.27% owning and 39.73% 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 ( 30.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.38%). There's also some housing in Easthampton built between 2000 and later ( 9.69%).

Easthampton Home Appreciation Rates

Appreciation rates for homes in Easthampton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.32%, which ranks in the top 50% nationwide. This equates to an annual average Easthampton house appreciation rate of 6.87%.

Appreciation rates are so strong in Easthampton that despite a nationwide downturn in the housing market, Easthampton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Easthampton appreciation rates continue to be some of the highest in America, at 13.02%, which is higher than appreciation rates in 95.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Easthampton. Easthampton appreciation rates in the latest quarter were at 0.85%, which equates to an annual appreciation rate of 3.44%.

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

Average Home Values

Median Home Value

$457,082

Easthampton, MA Home Prices
> $1,491,000
$1,118,001 - $1,491,000
$746,001 - $1,118,000
$597,001 - $746,000
$447,001 - $597,000
$298,001 - $447,000
$149,001 - $298,000
$75,001 - $149,000
$0 - $75,000
0.3%
0.3%
1.5%
1.5%
3.2%
3.2%
17.9%
17.9%
32.1%
32.1%
32.3%
32.3%
11.1%
11.1%
0.3%
0.3%
1.3%
1.3%
0% 100.0%
% of Homes
Very Low

for Massachusetts

High

for nation

Number of Homes And Apartments:

7,935

Easthampton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,977 / per month

Homeownership Rate

Owners
Renters
60.3%
60.3%
39.7%
39.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.8%
5.8%
94.2%
94.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.7%
9.7%
34.2%
34.2%
25.4%
25.4%
30.7%
30.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
49.1%
49.1%
8.0%
8.0%
26.0%
26.0%
16.0%
16.0%
0.8%
0.8%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.5%
2.5%
12.0%
12.0%
31.4%
31.4%
42.4%
42.4%
9.1%
9.1%
2.6%
2.6%
0% 100.0%
% of Homes