Belchertown, MA 01007 Real Estate Market Report

ZIP Code: 01007
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The real estate market in Belchertown, MA is currently characterized by a median sold price of $448,450, reflecting a stable market despite the presence of elevated inventory levels. The neighborhood has shown signs of appreciation, with a median listing price of $499,900, which indicates a notable gap between seller expectations and actual transaction values. This discrepancy may suggest that sellers are pricing properties higher than what buyers are willing to pay, contributing to a slower sales velocity with a median days on market of 282 days.

Overall, the market temperature is classified as hot, driven by strong rental demand, evidenced by a median market rent of $1,540. However, the elevated interest rate pressure may create challenges for potential buyers, impacting liquidity and transaction frequency. As the market continues to evolve, it appears to be moving towards a more balanced state, although the current conditions favor sellers due to the appreciation in property values.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

---

Key Findings

1. The median sold price of $448,450 indicates strong buyer interest, despite elevated inventory levels.

2. With a median listing price of $499,900, there is a notable pricing gap that may create friction in negotiations.

3. The median days on market stands at 282, reflecting a slower sales velocity and potential buyer hesitation.

4. The market temperature is hot, suggesting robust demand despite the challenges posed by elevated interest rates.

5. A median market rent of $1,540 highlights strong rental demand, which may support overall market stability.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.