Market Overview
Home Prices in Hampden, MA
The median home value in Hampden, MA is $464,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hampden are priced13% above average. Hampden is part of the Springfield, MA metro area.
Over the past five years, Hampden home values have risen by approximately32.1%, reflecting strong long-term appreciation in this market.
Price History
Hampden Home Price Trend
City Comparison
Hampden vs. National Median
At $464,032, homes in Hampden cost 13% above the national median of $410,000. Buyers in Hampden should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hampden?
20% Down Payment
$92,806
on $464,032
Monthly P&I
$2,420/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,073/mo
incl. taxes & insurance
Income Needed
$122,920
gross annual (30% rule)
10% Down Option
$46,403
+ PMI applies
Loan Amount (20% dn)
$371,226
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hampden, MA?
The median home value in Hampden is $464,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Hampden?
Over the past year, home values in Hampden have increased by 5.1%. Over five years, prices have risen approximately 32.1%.
How much do I need to earn to buy a home in Hampden?
To comfortably afford the median home price of $464,032 with a 20% down payment ($92,806) at today's rates (6.8%), you'd need a gross annual income of approximately $122,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Hampden compare to the national average home price?
The national median home value is approximately $410,000. At $464,032, homes in Hampden are 13% above the national average.
What metro area is Hampden part of?
Hampden is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.