Cities with the most expensive homes in the Springfield, Massachusetts metro area
Cities with the most expensive homes in the Springfield, Massachusetts metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Springfield, Massachusetts metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 71 cities and towns.
#30. Southwick, MA
- Typical home value: $421,780
- 1-year price change: +3.7%
- 5-year price change: +29.9%
#29. Montague, MA
- Typical home value: $422,556
- 1-year price change: +3.1%
- 5-year price change: +32.1%
#28. Granville, MA
- Typical home value: $431,492
- 1-year price change: +1.4%
- 5-year price change: +25.2%
#27. Leyden, MA
- Typical home value: $435,101
- 1-year price change: -0.1%
- 5-year price change: +22.3%
#26. East Longmeadow, MA
- Typical home value: $436,663
- 1-year price change: +3.5%
- 5-year price change: +28.1%
#25. Ashfield, MA
- Typical home value: $437,937
- 1-year price change: +0.6%
- 5-year price change: +28.8%
#24. Tolland, MA
- Typical home value: $439,473
- 1-year price change: +6.5%
- 5-year price change: +31.7%
#23. Shelburne, MA
- Typical home value: $443,035
- 1-year price change: +0.8%
- 5-year price change: +25.9%
#22. Easthampton, MA
- Typical home value: $445,296
- 1-year price change: +2.4%
- 5-year price change: +32.0%
#21. Shutesbury, MA
- Typical home value: $451,809
- 1-year price change: +1.5%
- 5-year price change: +29.1%
#20. Brimfield, MA
- Typical home value: $454,022
- 1-year price change: +5.9%
- 5-year price change: +30.7%
#19. Williamsburg, MA
- Typical home value: $457,414
- 1-year price change: +1.5%
- 5-year price change: +25.2%
#18. Hampden, MA
- Typical home value: $464,032
- 1-year price change: +5.1%
- 5-year price change: +32.1%
#17. Montgomery, MA
- Typical home value: $465,904
- 1-year price change: +3.7%
- 5-year price change: +27.8%
#16. Deerfield, MA
- Typical home value: $468,832
- 1-year price change: +1.6%
- 5-year price change: +27.0%
#15. South Deerfield, MA
- Typical home value: $471,679
- 1-year price change: +1.4%
- 5-year price change: +30.3%
#14. Conway, MA
- Typical home value: $474,085
- 1-year price change: +6.2%
- 5-year price change: +33.6%
#13. Belchertown, MA
- Typical home value: $483,178
- 1-year price change: +2.2%
- 5-year price change: +31.9%
#12. Westhampton, MA
- Typical home value: $487,085
- 1-year price change: +0.1%
- 5-year price change: +23.0%
#11. Wilbraham, MA
- Typical home value: $495,590
- 1-year price change: +5.5%
- 5-year price change: +33.7%
#10. Sunderland, MA
- Typical home value: $498,992
- 1-year price change: -0.1%
- 5-year price change: +29.5%
#9. Northampton, MA
- Typical home value: $508,767
- 1-year price change: +4.7%
- 5-year price change: +31.1%
#8. Southampton, MA
- Typical home value: $510,481
- 1-year price change: +3.0%
- 5-year price change: +28.5%
#7. Hatfield, MA
- Typical home value: $510,530
- 1-year price change: +1.5%
- 5-year price change: +21.4%
#6. Pelham, MA
- Typical home value: $521,437
- 1-year price change: -1.6%
- 5-year price change: +26.3%
#5. Leverett, MA
- Typical home value: $526,141
- 1-year price change: +2.2%
- 5-year price change: +28.6%
#4. Hadley, MA
- Typical home value: $537,181
- 1-year price change: +0.4%
- 5-year price change: +21.4%
#3. Longmeadow, MA
- Typical home value: $550,860
- 1-year price change: +5.3%
- 5-year price change: +33.9%
#2. Amherst, MA
- Typical home value: $552,869
- 1-year price change: +1.1%
- 5-year price change: +33.5%
#1. Whately, MA
- Typical home value: $556,374
- 1-year price change: -0.0%
- 5-year price change: +22.3%