Real Estate Investing in Granville, Massachusetts (01034)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hampden County • Population: 2,100 • Data updated: September 2026

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Should you buy in 01034 (Granville, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 30.6% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Granville, MA (01034)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $430,386
Avg Monthly Rent $2,340
1% Rule ✗ Does Not Meet
Median Income $104,583
% Renters 5.5%

Market Analysis: 01034 Granville

The 01034 ZIP covers a section of Granville that demands careful diligence. Prices near $430K look accessible, but the work to make a deal cash flow is real.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 01034 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader MA picture, 01034 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

A resilient renter share of 6% in 01034 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The 01034 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Granville:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+5.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,340/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Springfield, MA Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
10.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Springfield, MA metro data
🏠

Property Strategy for 01034

Which property type performs best in this market?

Best for Cash Flow
3BR
5.4% cap rate
Best for Appreciation
3BR
+7.0% 5yr CAGR
Best Overall Value
4BR
$122,524/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $354,490 $2,600 5.3% +6.8% $177,245
3BR $423,397 $3,190 5.4% +7.0% $141,132
4BR $490,096 $3,440 5.1% +6.8% $122,524

Market Trends

Home Value History (with trend line)

$449K$402K$354K$306K$258K$211KJun 2006Jul 2016Jul 2026

📊 How Does 01034 Compare?

Metric 01034 Granville Springfield, MA Massachusetts
Home Value $430,386 $430,386 N/A $645,115
5-Year CAGR 5.3% 5.3% N/A 7.0%
Avg Rent $2,340 $2,340 N/A -
Cap Rate 4.2% 4.2% - -
💡 Why Invest in 01034? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01034 (Granville, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+5.3%
Moderate

📉 Market Crash Risk Index

Based on Springfield, MA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
30 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $430,386
Monthly Rent $2,340
Price-to-Rent 15.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.5%
Cap Rate 4.2%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +5.7% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +5.3% ▲
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
30.6%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.3%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 01034

Population: 2,100

💰 Median Household Income
$104,583
This area
$104,583
State
$107,356
USA
$74,580
🏠 Renter Occupied
5.5%
This area
5.5%
State
28.1%
USA
34.0%
💼 Unemployment Rate
3.8%
This area
3.8%
State
-8.0%
USA
3.7%
🎓 College Educated
37.3%
This area
37.3%
State
32.1%
USA
33.7%
👤 Median Age
50.2 years
This area
50.2 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
30.6%
This area
30.6%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 94.6%
Other/Mixed 3.8%
Black/African American 1.0%
Hispanic/Latino 0.6%
Asian 0.6%
👶 Under 18
17.3%
This area
17.3%
USA
22.0%
👴 65 and Over
20.1%
This area
20.1%
USA
17.3%
📊 Poverty Rate
3.2%
This area
3.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

1 Nearby 200 Off-Campus Students
C+
Westfield State University
4,555 students · 8.9 mi

Frequently Asked Questions

What is the typical rental rate in Granville, MA?

Average rent in Granville, MA is approximately $2,340/mo per month. Against $430K home values that yields a reasonable rent-to-price ratio.

What is the median home value in Granville, MA?

In Granville, MA the median home value sits at $430K. Against the broader MA market, that reads as reasonable for most investors.

What is the typical vacancy rate in Granville, MA?

Vacancy in Granville, MA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,340/mo.

What is the renter demographic in Granville, MA?

Working renters make up the core of the Granville, MA tenant base. The pool is reasonable for investors targeting long-term holds.

What type of investing works in Granville, MA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Granville, MA. The numbers - $430K homes against $2,340/mo rents - support that play.

You know 01034 now. You don’t know where it ranks.

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How 01034 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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