Real Estate Investing in Northampton, Massachusetts (01062)

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

Hampshire County • Population: 9,188 • Data updated: September 2026

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Should you buy in 01062 (Northampton, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

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

⚠️ Risks to Know
1 flag
  • 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 Northampton, MA (01062)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $504,572
Avg Monthly Rent $1,818
1% Rule ✗ Does Not Meet
Median Income $87,409
% Renters 23.0%

Market Analysis: 01062 Northampton

Investors eyeing 01062 need to respect the fundamentals at play. Home values of $505K come alongside slower price movement and elevated management overhead.

The investment case in 01062 is durable only for operators who understand what they are buying. A $505K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Northampton have seen price recovery that 01062 has not matched. Hampshire County data supports the view that the spread is structural rather than temporary.

The demographic picture in 01062 includes headwinds that any investor should price in. Income distribution skews lower than Northampton averages, and tenant stability requires active management.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Northampton:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+7.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,818/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 01062

Which property type performs best in this market?

Best for Cash Flow
3BR
4.1% cap rate
Best for Appreciation
4BR
+7.4% 5yr CAGR
Best Overall Value
5BR
$137,239/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $383,014 $2,020 3.8% +7.0% $191,507
3BR $447,118 $2,520 4.1% +7.1% $149,039
4BR $630,608 $2,720 3.1% +7.4% $157,652
5BR $686,197 +7.1% $137,239

Market Trends

Home Value History (with trend line)

$527K$469K$411K$353K$295K$237KJul 2006Jul 2016Jul 2026

📊 How Does 01062 Compare?

Metric 01062 Northampton Springfield, MA Massachusetts
Home Value $504,572 $371,172 N/A $645,115
5-Year CAGR 6.3% 5.9% N/A 7.0%
Avg Rent $1,818 $2,276 N/A -
Cap Rate 2.8% 3.6% - -
💡 Why Invest in 01062? 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 01062 (Northampton, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+6.3%
Strong

📉 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 $504,572
Monthly Rent $1,818
Price-to-Rent 23.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +7.5% ▲
3-Year CAGR +5.3% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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
6.5%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.3%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 01062

Population: 9,188

💰 Median Household Income
$87,409
This area
$87,409
State
$107,356
USA
$74,580
🏠 Renter Occupied
23.0%
This area
23.0%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-8.0%
USA
3.7%
🎓 College Educated
53.6%
This area
53.6%
State
32.1%
USA
33.7%
👤 Median Age
49.6 years
This area
49.6 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
6.5%
This area
6.5%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 88.6%
Other/Mixed 8.5%
Hispanic/Latino 5.2%
Black/African American 1.7%
Asian 1.3%
👶 Under 18
19.2%
This area
19.2%
USA
22.0%
👴 65 and Over
25.2%
This area
25.2%
USA
17.3%
📊 Poverty Rate
6.3%
This area
6.3%
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

🎓 Schools in 01062

A+ Avg School Grade
2 Schools
8.8:1 Avg Class Size
$23,996 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

John F Kennedy Middle School

📚 06 – 08 Middle
👥
542 Students
👨‍🏫
9.0:1 Class Size
💰
$23,996 Per Student
A+ Excellent

R. K. Finn Ryan Road

📚 K – 05 Elementary
👥
233 Students
👨‍🏫
8.7:1 Class Size
💰
$23,996 Per Student

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Leeds

📚 Pre-K – 05 Elementary
📍 20 Florence Street, Leeds
👥
278 Students
👨‍🏫
8.9:1 Class Size
💰
$23,996 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 1,436 Off-Campus Students
C
Conway School of Landscape Design
18 students · 2.3 mi
B+
Smith College
2,830 students · 2.8 mi
B
Mount Holyoke College
2,330 students · 7.6 mi
C
Hampshire College
717 students · 8.2 mi
C
Holyoke Community College
3,706 students · 9.0 mi
B+
Amherst College
1,910 students · 9.6 mi
B+
University of Massachusetts-Amherst
31,810 students · 9.6 mi
C
DiGrigoli School of Cosmetology
28 students · 12.5 mi

Investor Insight: With 1,436 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What do landlords charge for rent in Northampton, MA?

Northampton, MA rentals go for roughly $1,818/mo a month. That puts gross yield in solid territory relative to $505K acquisition costs.

What approach is best for Northampton, MA real estate?

Investors usually favor careful cash-flow rentals with hands-on management in Northampton, MA. With home values at $505K and rents near $1,818/mo, other strategies can work but produce steady rather than outsized returns.

How does Northampton, MA stack up for property investment?

Investors tracking Northampton, MA will find a 3.0/5 rating supported by $505K median home values and $1,818/mo rents. That profile suits long-term holders targeting stable returns.

Does house hacking make sense in Northampton, MA?

Northampton, MA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,818/mo rent level.

How tight is the rental market in Northampton, MA?

Expect elevated vacancy in Northampton, MA. Rents at $1,818/mo are absorbed by the tenant base without meaningful lag.

You know 01062 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01062 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 01062 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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