Belchertown, MA 01007 Real Estate Market Report

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

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

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, $447,450 median sold price, suggests recent transactions center around this price level and provides the most reliable signal of current value; flat year-over-year price trend supports a stable pricing environment.
2. A notable spread between $600,000 median listing price and the median sold price points to pricing friction where seller expectations appear higher than recent transaction levels, which may indicate negotiation room for buyers and cautious pricing strategies for sellers.
3. Extended selling timelines are evident with 270 median days on market, which signals slower sales velocity and may reflect a market that appears to be balanced rather than overheated; this slower pace can increase emphasis on staging, pricing precision, and targeted marketing to close transactions.
4. Market fundamentals show $2,395 median market rent and a $196 median price per square foot alongside neutral market temperature and moderate interest rate pressure; investors and owner-occupiers should factor in higher carrying costs and recent rental strength (rent year-over-year trend is up) when assessing hold vs. flip strategies.

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.