Real Estate Investing in Bernardston, Massachusetts (01337)

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

Franklin County • Population: 2,515 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 01337 (Bernardston, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

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
2 flags
  • Elevated vacancy: 10.5% vacancy may signal weakening demand.
  • 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 Bernardston, MA (01337)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $395,389
Avg Monthly Rent $1,620
1% Rule ✗ Does Not Meet
Median Income $79,000
% Renters 15.5%

Market Analysis: 01337 Bernardston

ZIP 01337 in Bernardston, MA carries a healthy set of headwinds. Home values near $395K and rents of $1,620/mo sit inside a market where underwriting has to be tight.

From an investor standpoint, the numbers look inviting — $395K purchase price, 0.0% nominal cap — the work to hit that pro forma in 01337 is substantial and deserves full respect.

Stepping back, 01337 offers a low basis, the region around Bernardston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

On the rental side, 2,515 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategically, 01337 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 Bernardston:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+3.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,620/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
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 01337

Which property type performs best in this market?

Best for Cash Flow
2BR
4.1% cap rate
Best for Appreciation
2BR
+6.9% 5yr CAGR
Best Overall Value
4BR
$112,127/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $319,218 $1,800 4.1% +6.9% $159,609
3BR $387,315 $2,160 4.0% +6.5% $129,105
4BR $448,510 $2,380 3.8% +6.7% $112,127

Market Trends

Home Value History (with trend line)

$411K$366K$320K$275K$230K$184KJul 2006Jul 2016Jul 2026

📊 How Does 01337 Compare?

Metric 01337 Bernardston Springfield, MA Massachusetts
Home Value $395,389 $395,389 N/A $645,115
5-Year CAGR 4.7% 4.7% N/A 7.0%
Avg Rent $1,620 $1,620 N/A -
Cap Rate 3.2% 3.2% - -
💡 Why Invest in 01337? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01337 (Bernardston, MA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 01337 (Bernardston, MA)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+4.7%
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 $395,389
Monthly Rent $1,620
Price-to-Rent 20.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 7.9%

📈 Home Appreciation

1-Year +3.8% ▲
3-Year CAGR +3.9% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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
10.5%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+4.7%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 01337

Population: 2,515

💰 Median Household Income
$79,000
This area
$79,000
State
$107,356
USA
$74,580
🏠 Renter Occupied
15.5%
This area
15.5%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-8.0%
USA
3.7%
🎓 College Educated
33.1%
This area
33.1%
State
32.1%
USA
33.7%
👤 Median Age
49.8 years
This area
49.8 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
10.5%
This area
10.5%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 94.7%
Other/Mixed 4.3%
Hispanic/Latino 1.9%
Asian 0.9%
Black/African American 0.1%
👶 Under 18
17.5%
This area
17.5%
USA
22.0%
👴 65 and Over
19.8%
This area
19.8%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
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 01337

A+ Avg School Grade
1 Schools
11.2:1 Avg Class Size
$28,011 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Bernardston Elementary

📚 Pre-K – 06 School
👥
207 Students
👨‍🏫
11.2:1 Class Size
💰
$28,011 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

2 Nearby 386 Off-Campus Students
C
Greenfield Community College
1,544 students · 7.1 mi
C
SIT Graduate Institute
640 students · 13.5 mi

Frequently Asked Questions

How do home values compare in Bernardston, MA?

Median home price in Bernardston, MA is near $395K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

How does Bernardston, MA rate as a rental market?

Investors tracking Bernardston, MA will find a 3.0/5 rating supported by $395K median home values and $1,620/mo rents. That profile suits long-term holders targeting reliable returns.

What is the typical renter like in Bernardston, MA?

The renter base in Bernardston, MA is reasonable for the $1,620/mo price point. Screening well and pricing to market typically yields measured tenants.

What is the best play in Bernardston, MA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Bernardston, MA. The numbers - $395K homes against $1,620/mo rents - support that play.

What is the typical vacancy rate in Bernardston, MA?

Rental vacancy in Bernardston, MA is elevated. Investors should budget normal turnover but not chronic empty units.

You know 01337 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01337 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.

Compare Plans

How 01337 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 01337 (Bernardston)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 01337 (Bernardston, MA).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.