Real Estate Investing in Northfield, Massachusetts (01360)

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

Franklin County • Population: 2,875 • Data updated: September 2026

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Should you buy in 01360 (Northfield, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

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

📈 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: 9.1% 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 Northfield, MA (01360)?

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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 $381,054
Avg Monthly Rent $1,737
1% Rule ✗ Does Not Meet
Median Income $94,775
% Renters 11.2%

Market Analysis: 01360 Northfield

Investors eyeing 01360 need to respect the fundamentals at play. Home values of $381K come alongside slower price movement and elevated management overhead.

The investment case in 01360 is robust only for operators who understand what they are buying. A $381K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 01360 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A notable renter share of 11% in 01360 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

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 Northfield:

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× the median income
Value Trend
Rising (+3.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,737/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 01360

Which property type performs best in this market?

Best for Cash Flow
4BR
4.5% cap rate
Best for Appreciation
2BR
+8.2% 5yr CAGR
Best Overall Value
4BR
$102,888/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $322,689 $1,930 4.3% +8.2% $161,345
3BR $377,112 $2,310 4.4% +7.5% $125,704
4BR $411,553 $2,560 4.5% +7.7% $102,888

Market Trends

Home Value History (with trend line)

$398K$353K$308K$263K$217K$172KJul 2006Jul 2016Jul 2026

📊 How Does 01360 Compare?

Metric 01360 Northfield Springfield, MA Massachusetts
Home Value $381,054 $381,054 N/A $645,115
5-Year CAGR 5.4% 5.4% N/A 7.0%
Avg Rent $1,737 $1,737 N/A -
Cap Rate 3.6% 3.6% - -
💡 Why Invest in 01360? 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 01360 (Northfield, MA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+5.4%
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 $381,054
Monthly Rent $1,737
Price-to-Rent 18.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +3.8% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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
9.1%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.4%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 01360

Population: 2,875

💰 Median Household Income
$94,775
This area
$94,775
State
$107,356
USA
$74,580
🏠 Renter Occupied
11.2%
This area
11.2%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-8.0%
USA
3.7%
🎓 College Educated
45.1%
This area
45.1%
State
32.1%
USA
33.7%
👤 Median Age
48.4 years
This area
48.4 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
9.1%
This area
9.1%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 91.5%
Other/Mixed 8.2%
Hispanic/Latino 8.0%
Black/African American 0.2%
Asian 0.1%
👶 Under 18
17.3%
This area
17.3%
USA
22.0%
👴 65 and Over
22.4%
This area
22.4%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
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 01360

A+ Avg School Grade
2 Schools
10.4:1 Avg Class Size
$28,011 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Pioneer Valley Regional

📚 07 – 12 High School
👥
241 Students
👨‍🏫
10.2:1 Class Size
💰
$28,011 Per Student
A+ Excellent

Northfield Elementary

📚 Pre-K – 06 School
👥
168 Students
👨‍🏫
10.5:1 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

1 Nearby 386 Off-Campus Students
C
Greenfield Community College
1,544 students · 10.8 mi

Frequently Asked Questions

Is real estate in Northfield, MA a good investment right now?

With a 3.0/5 investability score, Northfield, MA ranks as a solid market for rental property investors. Median prices of $381K and rents of $1,737/mo drive the underlying numbers.

What are vacancy rates like in Northfield, MA?

Occupancy in Northfield, MA runs consistent with elevated vacancy. Well-priced units at $1,737/mo lease on reasonable timelines.

How landlord-friendly is Northfield, MA?

Northfield, MA operates under MA law, which is tenant-protective overall for landlords. Expect reliable treatment in typical lease and eviction cases.

What does house hacking look like in Northfield, MA?

House hacking in Northfield, MA is a challenging. With home values around $381K and rents at $1,737/mo, owner-occupants can offset a meaningful share of PITI.

What type of investing works in Northfield, MA?

The best-fit strategy in Northfield, MA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

You know 01360 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01360 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 01360 ranks in Springfield, MA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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