The story of this market
The typical home in ZIP 01040 sells for about $322,307, or $217 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,021 a month.
ZIP 01040 — Holyoke
The Holyoke housing market is currently very competitive with low inventory and steady price appreciation. Demand is driven by affordability relative to the broader Massachusetts market, though the area faces challenges related to aging infrastructure and school performance. Recent data indicates a stable market with homes selling quickly at or near asking price.
This ZIP is well-suited for budget-conscious family buyers and renters seeking proximity to regional employment centers and urban amenities in the Springfield metro area.
Median prices moved up 2.3% year over year.
Homes spend a median of 23 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 27.0% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01040, Hampden County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Public schools in Holyoke are generally characterized by significant challenges in performance metrics compared to state averages.
The area is subject to standard New England climate risks, including winter storms and potential localized flooding near the Connecticut River.
Holyoke maintains a legacy industrial base with ongoing efforts to repurpose historic mill buildings for mixed-use and residential development.
Property taxes are assessed by the City of Holyoke; the effective rate is approximately 1.4%, which is higher than the Massachusetts state average.
The ZIP code offers convenient access to Interstate 91, providing a direct corridor for commuting to Springfield and other regional employment hubs.
The area features access to the Connecticut River, various municipal parks, and proximity to the Holyoke Mall, a major regional shopping destination.
The rental market is characterized by a high renter share of approximately 59%, with consistent demand for multi-family housing units.
The local economy is anchored by healthcare, education, and retail sectors, with significant regional influence from the broader Springfield metropolitan area.
The area is served by Interstate 91 and local bus transit, facilitating regional connectivity.
Ongoing redevelopment of historic mill properties remains a primary focus for urban revitalization in the city.
Parcels are subject to municipal property taxes and standard utility district assessments.
Property insurance premiums are influenced by regional hazard profiles, including winter weather and flood risks.
Data retrieved from US Census Bureau and local market aggregators.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Six Flags New England4.212.4 mi
- Sonny's Place4.517.9 mi
- Round1 Bowling & Arcade - Holyoke4.13.5 mi
- Funcity Trampoline and Adventure Park4.16 mi
- Central Rock Gym - Hadley4.78.9 mi
- Six Flags New England4.212.4 mi
- The Big E4.58.6 mi
- Mullins Center4.612.8 mi
- Eastern States Exposition4.58.6 mi
- Golden Corral Buffet & Grill4.18.5 mi
- Six Flags New England4.212.4 mi
- Naismith Basketball Hall of Fame4.58.8 mi
- Eastern States Exposition4.58.6 mi
- Cinemark West Springfield 15 and XD4.56.2 mi
- Springfield Armory National Historic Site4.87.9 mi
- Amherst College4.312 mi
- Naismith Basketball Hall of Fame4.58.8 mi
- Springfield Armory National Historic Site4.87.9 mi
- New England Air Museum4.818.9 mi
- Springfield Museums4.78.1 mi
- Look Memorial Park4.79.4 mi
- Stanley Park4.810.4 mi
- Ashley Reservoir4.93.2 mi
- The Botanic Garden of Smith College4.87 mi
- Bright Nights at Forest Park4.49.7 mi
- Oxbow Marina4.45.1 mi
- Brunelle's Marina4.43.4 mi
- The Ranch Golf Club4.511.9 mi
- Ledges Golf Club4.22 mi
- Cold Spring Country Club4.310.9 mi
- Veterans Memorial Golf Course4.510.1 mi
- Wyckoff Country Club41 mi
- Holyoke Mall4.33.5 mi
- Atkins Farms Country Market4.78.6 mi
- Big Y4.311.4 mi
- Burlington4.310.7 mi
- Hampshire Mall410.4 mi
- Bradley International Airport4.419.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional shopping center serving the Pioneer Valley.
Provides recreational opportunities and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.