The story of this market
The typical home in ZIP 01054 sells for about $526,141, or $288 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,389 a month.
ZIP 01054 — Leverett
The Leverett housing market is currently balanced, characterized by low inventory and steady home values. Market activity is heavily influenced by the academic-driven economy of the surrounding Pioneer Valley, with limited new development maintaining a stable, rural character.
This ZIP is best suited for families and professionals seeking a rural, quiet lifestyle with proximity to the academic and cultural amenities of the Pioneer Valley.
Median prices moved up 2.2% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
10% 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 9.7% · poverty 10.0% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01054, Franklin 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.
The area is served by the Leverett Elementary School and regional secondary options, generally characterized by high academic performance typical of the Pioneer Valley region.
The area is subject to standard New England climate risks, including winter storm exposure and localized flooding in low-lying areas near the Connecticut River watershed.
Economic momentum is driven by proximity to the Five College Consortium, with major employment anchors in higher education and research in nearby Amherst and Northampton.
Property taxes are assessed at the municipal level by the Town of Leverett based on fair market value, with rates determined annually to meet town budget requirements.
Commuting is primarily car-dependent, with residents traveling toward the employment hubs of Amherst, Northampton, and the Springfield metro area via regional state routes.
The area features extensive rural amenities, including the Leverett Peace Pagoda, Rattlesnake Gutter, and numerous hiking trails within the Montague State Forest.
The rental market is characterized by a low renter share of approximately 12%, with limited inventory and high demand driven by the academic population in the surrounding region.
The economy is anchored by the higher education sector, specifically the Five College Consortium, which drives regional employment in research, administration, and services.
Transportation is primarily served by regional road networks; public transit is limited, necessitating personal vehicle use for most commutes.
Development is largely constrained by rural zoning and conservation efforts, with minimal large-scale commercial or residential pipeline activity.
The Franklin County assessment regime relies on municipal-level valuation conducted by the local Board of Assessors in accordance with Massachusetts Department of Revenue standards.
Parcels are subject to municipal property taxes and regional school district assessments, with no significant MUD/PID structures common in this jurisdiction.
Property insurance premiums are influenced by regional wildfire and winter storm risk profiles typical of Western Massachusetts.
Massachusetts operates as a non-judicial foreclosure state, requiring strict adherence to statutory notice periods and procedures.
Massachusetts is a 'caveat emptor' state, though sellers are required to provide specific disclosures regarding lead paint and septic systems where applicable.
Data retrieved from Census Bureau and local market reports.
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.
- Central Rock Gym - Hadley4.710.9 mi
- Pioneer Valley Indoor Karting4.611 mi
- FunHub Action Park4.49.2 mi
- All In Adventures Escape Rooms4.89.2 mi
- Mullins Center4.66.8 mi
- Magic Wings Butterfly Conservatory4.86.5 mi
- Academy of Music4.713.6 mi
- Franklin County Fairgrounds4.69.3 mi
- McCray's Country Creamery4.416.9 mi
- Magic Wings Butterfly Conservatory4.86.5 mi
- The Montague Bookmill4.84.7 mi
- Cinemark at Hampshire Mall and XD4.49.3 mi
- The Eric Carle Museum of Picture Book Art4.611.4 mi
- Emily Dickinson Museum4.87.5 mi
- Amherst College4.37.8 mi
- The Eric Carle Museum of Picture Book Art4.611.4 mi
- Emily Dickinson Museum4.87.5 mi
- Smith College Museum of Art4.713.7 mi
- Beneski Museum of Natural History4.87.7 mi
- Mount Sugarloaf State Reservation4.85.9 mi
- Groff Park4.78.7 mi
- Mount Holyoke Range State Park4.712.4 mi
- Green River Swimming and Recreation Area4.510.8 mi
- Mill River Recreation Area4.65.2 mi
- Oxbow Marina4.415.1 mi
- Brunelle's Marina4.416.2 mi
- Country Club of Greenfield4.311 mi
- Atkins Farms Country Market4.711.4 mi
- Big Y4.38.2 mi
- Hampshire Mall49.2 mi
- Big Y4.412.6 mi
- Big Y4.210.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A notable spiritual and cultural site located within the town.
A unique geological feature and popular local hiking destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.