Important points
Hampden County’s housing market saw a widespread revitalization in June. Buyers and sellers returned much faster than the national pace, with pending sales up 23% year-over-year and new listings up 16%. The median sales price reached $358,987, up just 2% from a year ago and lagging behind the pace of national price growth for the first time in more than a year. Despite the increase in inventory, homes still sold in a median of 21 days and two-thirds closed above asking price, indicating continued seller leverage.
Snapshot of the Hampden County, Massachusetts Housing Market
Median Sales Price Pending Sales Active Listing Days Market Listing Days Sold on List $358,987 (+1.7% YoY) 540 (+22.8% YoY) 1,242 (+14.1% YoY) 21 Days (0 Days YoY) 65.6% (-1.7 ppt YoY)
Transactions on both sides of the Hampden County housing market resumed in June. Pending sales increased by about 23% year over year, and the number of new listings increased by about 16%. This is a simultaneous surge that expands choice without meaningfully shifting power to buyers. Prices have crept up and margins have become less competitive, but homes still sell within three weeks, and two-thirds of the homes close for more than asking price.
Below is a breakdown of Hampden County, Massachusetts housing data for June 2026, as well as guidance for buyers and sellers as we head into late summer.
A snapshot of the US housing market
Median Sales Price Pending On Sale Active Listing Days Balance of Buyers and Sellers on Market $408,776 (+2.2% YoY) 349,254 (+4.5% YoY) 1,496,490 (+0.8% YoY) 49 Days (+1 Day YoY) Number of sellers outnumber buyers by 48.5%
Nationwide, home prices rose about 2%, pending sales rose about 5%, and inventory remained roughly flat from a year ago. But Hampden County told its own story. Local pending sales increased and inventories expanded nearly 18 times faster than the national rate, but price growth still lagged the nation, evidence that increased supply suppressed price growth even as demand returned in earnest.
“June marked a crossroads in the continued recovery of the housing market,” said Chen Zhao, head of economic research at Redfin. “Prices rose faster than in recent months, with economic uncertainty related to the Iran war and rising mortgage rates spooking some home buyers and sellers.On the bright side, home sales are trending upwards and wages have risen faster than prices, helping There are areas of competition in the Midwest, Northeast, and Gulf Coast regions, but in general, consumers are still weathering a difficult period. Still, economists expect the market to improve gradually over the next few years.”
Price increase rate slows as inventory increases
Prices in Hampden County saw little growth, rising just about 2% to $358,987, the lowest annual increase since early 2023. The national median rose 2.2% over the same period, meaning the county lagged behind the overall market for the first time in more than a year. However, the median price per square foot rose 8% year-over-year to $239, suggesting a shift to smaller or more modest homes has held down overall prices, rather than an outright home price slump.
Price reductions have become more common. The percentage of effectively listed stocks whose prices were reduced rose to 15.6%, an increase of 2 points from the previous year. The typical home still sold for about 3% above list price, but the range has narrowed slightly. Although sellers are pricing with less certainty than they were a year ago, most are still receiving offers above asking price.
Buyer activity surges to 5 times the national rate
The 23% jump in pending sales was the most significant figure of the month at 540 contracts, more than five times the national growth rate of 4.5%. Homes sold increased by 11%, and approximately 54% of listings went under contract within two weeks. The two-week rate is down nearly 7 percentage points from a year ago, reflecting a gradual slowdown from its peak pace in 2025, but is still well below the national figure of 31%. Median time to market was 21 days, less than half the national median of 49 days.
Competition among buyers was not as intense as last summer, and although the number of homes sold fell in the first two weeks and the share of homes sold on listings fell from 67% to about 66%, overall activity increased sharply. As a practical matter, buyers who were ready to move within days of listing still won. Those who waited found themselves outbid by a surge of peers returning to the market.
New listings surge as sellers return to market
Sellers returned to Hampden County in droves. The number of new listings increased by about 16% from the previous year to 563, dwarfing the nationwide increase of only 0.2%. June’s numbers were the highest since 2021, when pandemic-era customer attrition increased listing activity. This time, homeowners were motivated by record levels of equity and a market where homes still sold after three weeks. Nationally, new supply barely exceeded 395,000 units, but the surge in rural areas was particularly pronounced.
Additional listings were reflected in increased inventory without increasing seller leverage. Effective supply has increased by about 14%, but it’s still less than two months, far from the four-to-six-month range that indicates a buyer’s market. Homes still sold in a median of 21 days, and two-thirds closed for more than asking price. The takeaway: Sellers who entered quickly found a market that absorbed their listings, while buyers regained a little more breathing room than they had a year ago.
While mid-range homes are driving price increases, the sales volume of luxury homes is decreasing.
Median price tier (YoY) Sold (YoY) DOM (YoY) Listing rate (YoY) Luxury (top 5%) $825,909 (+4.0%) 22 (-4.3%) 42 days (+24 days) 45.5% (-24.1 ppt) High price (65th – 95%) $500,534 (+8.0%) 253 (+5.4%) 27 days (+4 days) 59.3% (+1.0 ppt) Non-premium (35-65%) $364,100 (+5.0%) 275 (-8.3%) 24 days (0 days) 62.5% (+2.9 ppt) Starter (5-35%) $282,275 (+5.2%) 284 (-5.0%) 23 days (-1 day) 58.1% (-2.8 ppt) Bottom (bottom 5%) $171,144 (+8.0%) 52 (+36.8%) 42 days (+17 days) 23.1% (-21.7 ppt)
Redfin Analysis of MLS Data • Rolling 3-month period (March-May 2026)
The top tier rose the fastest, at 8% year-over-year, with nearly 60% of homes sold above listing. Volumes in this area also increased by approximately 5%. The non-luxury and entry-level segments each recorded solid price increases of about 5%, but sales volumes declined slightly, indicating that price increases pushed some buyers into lower tiers rather than bringing in new buyers.
Luxury told a different story. Prices rose 4%, but sales volumes fell, days on market nearly doubled to 42 days, and shares sold on list fell by 24 percentage points. At the bottom, prices increased by 8% and sales volume increased by about 37%. The upper echelons demanded the most aggressive offers. Both extremes left room for negotiation regarding timing.
How sellers and buyers can navigate the Hampden County market
If you buy in Hampden County, your chances are slightly better, but not in your favor. About 54% of homes went under contract within two weeks, and the number of pending sales jumped 23%. This means that competition has increased as inventory has increased. Get pre-approved before touring and be prepared to offer more than the listed price, especially for high-end properties ($500,000+) and affordable properties. Luxury buyers, by contrast, have more negotiating room than at any point in recent years.
When selling, pricing discipline is more important than it was a year ago. Homes that stalled often had starting prices that were too high, with price reductions rising to about 16% of active listings, and each price reduction increased the number of days on the market, signaling weakness in the buyer base as they watched inventory grow. If you set a realistic asking price from the beginning, you’re more likely to get multiple offers quickly.
Hampden County, Massachusetts Market Data by City
Rolling three-month period (April to June 2026). Displays cities with 50 or more sales.
New sales listings for the city’s median sales price (year-over-year). Percentage of Active DOM Above Supply Springfield $319,826 (+3.2% YoY) 361 515 708 23 63.6% 2.2 Westfield $398,783 (+4.9% YoY) 147 221 138 21 66.8% 2.2 Chicopee $324,823 (YoY +2.5%) 129 160 210 21 64.4% 1.4 Agawam $357,306 (+0.6% YoY) 80 103 136 21 64.2% 1.4 Holyoke $366,551 (+16.4% YoY) 59 91 124 22 62.2% 2.0 West Springfield $369,799 (+7.2% YoY) 58 73 98 21 58.0% 1.4 Longmeadow $585,931 (+13.6% YoY) 53 80 96 18 71.3% 2.1
This article was created in whole or in part using generative artificial intelligence (AI) technology with input from Chen Zhao, Head of Economic Research at Redfin. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and quotes contained in this article before relying on the information for any purpose. This information is not intended to substitute for advice from a real estate agent, financial advisor, or other qualified professional. County-level data are not seasonally adjusted. For more detailed housing market data, check out the Redfin Data Center.
