Real Estate Investing in Hawley, Massachusetts (01339)

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

Franklin County • Population: 1,361 • Data updated: September 2026

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Should you buy in 01339 (Hawley, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
  • High vacancy: 23.0% 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 Hawley, MA (01339)?

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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 $346,646
Avg Monthly Rent $1,503
1% Rule ✗ Does Not Meet
Median Income $69,500
% Renters 15.1%

Market Analysis: 01339 Hawley

Turning to rents, ZIP 01339 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $347K median. It rewards specialists, not generalists.

Rent of $1,503/mo on a $347K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01339 sits below the stated 0.0% once reality is priced in.

Regionally, 01339 sits on the difficult end of the MA spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.

Employment concentration in 01339 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

looks to 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 Hawley:

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 (+3.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,503/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 01339

Which property type performs best in this market?

Best for Cash Flow
4BR
4.0% cap rate
Best for Appreciation
4BR
+8.6% 5yr CAGR
Best Overall Value
4BR
$98,422/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $312,273 $1,670 3.9% +7.3% $156,137
3BR $365,224 $2,000 3.9% +7.4% $121,741
4BR $393,689 $2,210 4.0% +8.6% $98,422

Market Trends

Home Value History (with trend line)

$362K$323K$285K$246K$207K$168KJul 2006Jul 2016Jul 2026

📊 How Does 01339 Compare?

Metric 01339 Hawley Springfield, MA Massachusetts
Home Value $346,646 $346,646 N/A $645,115
5-Year CAGR 4.7% 4.7% N/A 7.0%
Avg Rent $1,503 $1,503 N/A -
Cap Rate 3.4% 3.4% - -
💡 Why Invest in 01339? 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.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01339 (Hawley, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.4%
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 $346,646
Monthly Rent $1,503
Price-to-Rent 19.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.2%
Cap Rate 3.4%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +3.5% ▲
3-Year CAGR +3.6% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +5.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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
23.0%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+4.7%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 01339

Population: 1,361

💰 Median Household Income
$69,500
This area
$69,500
State
$107,356
USA
$74,580
🏠 Renter Occupied
15.1%
This area
15.1%
State
28.1%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-8.0%
USA
3.7%
🎓 College Educated
35.5%
This area
35.5%
State
32.1%
USA
33.7%
👤 Median Age
56.9 years
This area
56.9 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
23.0%
This area
23.0%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 96.2%
Asian 1.9%
Other/Mixed 1.9%
Hispanic/Latino 0.3%
👶 Under 18
11.6%
This area
11.6%
USA
22.0%
👴 65 and Over
30.3%
This area
30.3%
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 01339

A Avg School Grade
1 Schools
6.2:1 Avg Class Size
$26,634 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Hawlemont Regional

📚 Pre-K – 06 School
👥
56 Students
👨‍🏫
6.2:1 Class Size
💰
$26,634 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

3 Nearby 408 Off-Campus Students
B
Charles H McCann Technical School
45 students · 11.4 mi
C
Massachusetts College of Liberal Arts
933 students · 12.2 mi
C
Greenfield Community College
1,544 students · 13.1 mi

Frequently Asked Questions

Should investors consider Hawley, MA?

Yes - Hawley, MA a 3.0/5 investability score. With $347K home prices against $1,503/mo monthly rent, the market delivers a reasonable entry point for new investors.

What is it like being a landlord in Hawley, MA?

Landlord-friendliness in Hawley, MA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How should investors approach Hawley, MA?

A careful cash-flow rentals with hands-on management strategy Hawley, MA best. The market produces consistent results for that approach at the $347K price point.

Are there empty rentals in Hawley, MA?

Vacancy risk in Hawley, MA is elevated. That supports even-keeled cash flow for typical rental holds.

How deep is the rental pool in Hawley, MA?

Hawley, MA draws a reliable base of working renters. Demand at the $1,503/mo rent level is reasonable for standard single-family and small multi rentals.

You know 01339 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01339 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 01339 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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