There are currently 6,177 real estate properties in Northampton, MA, with a median automated valuation model (AVM) price of $450,681.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Northampton, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Northampton, MA, is $510,757.00, with the most expensive house in Northampton, MA, topping out at $2,356,220.00 and the cheapest home in Northampton, MA, clocking in at $18,840.00. In other words, there’s something for every potential homebuyer or savvy investor in Northampton, MA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Northampton, MA, is on a rollercoaster ride. The average rent price in Northampton, MA, is $1,730.00. Indeed, when looking to rent in Northampton, MA, you can expect to pay as little as $980.00 or as much as $3,170.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Northampton, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Northampton is located in Hampshire, Massachusetts, with an estimated municipal population of 28,451 residents. All of the best foreclosed homes for sale in Northampton are located in the following zip code areas on Foreclosure.com: 01060 01062 01063 01053 01061. The estimated population per square kilometer (.62 miles) in Northampton is 320.
So, about how much do homes cost in Northampton? The most recent median value of resident-owned homes in Northampton is 331,866. An estimated 55.5 percent of households in Northampton own their homes, with an average family size of 2.87. The median household income in Northampton is 66,522, with32 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Northampton, the median commute time of resident workers (in minutes) is 21.6. And last, but certainly not least, are you looking for homes to rent in Northampton? If so, the average rent price paid by renters in Northampton is 1,158, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Northampton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Northampton is 40, split between 42 percent male versus 58 female. The percentage of residents who report being married in Northampton is 37.8, with an average family size of 2.87.
The percentage of residents who report their race in Northampton is as follows:
| White | 88.5% |
| Black / African American | 2.2% |
| Asian | 3.3% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 4.2% |
| Other | 1.7% |
Looking for family-friendly neighborhoods in and/or near Northampton? Or maybe you are searching for 55+ active adult communities in and/or near Northampton?
The percentage of residents who report their age in Northampton is as follows:
| Under 10 | 7.7% |
| Aged 10-19 | 13.9% |
| 20s | 16.6% |
| 30s | 11.9% |
| 40s | 11.5% |
| 50s | 13.4% |
| 60s | 14.8% |
| 70s | 6.3% |
| 80+ | 4.1% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Northampton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Northampton.
How do you know that living in -- or moving to -- Northampton is right where you need to be? Perhaps you grew up in Northampton or already live nearby; therefore, the decision to buy a home in Northampton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Northampton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Northampton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Northampton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Northampton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Northampton, meanwhile, can field multiple offers from more qualified buyers.
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