The story of this market
The typical home in ZIP 01343 sells for about $324,950, or $182 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 01343
The housing market in Heath remains stable with low inventory and modest price appreciation. Demand is driven by buyers seeking rural properties, though the limited supply keeps transaction volume low. Market conditions are expected to remain consistent with regional trends in Franklin County.
This ZIP is best suited for nature enthusiasts, remote workers, and families seeking a quiet, rural lifestyle with significant space and access to outdoor recreation.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 2.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 11.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01343, 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 Hawlemont Regional School District, which maintains a small-town educational environment with generally favorable student-to-teacher ratios.
The region faces moderate risks related to winter weather and seasonal flooding in low-lying areas near the Deerfield River; property insurance premiums are stable but reflect regional wildfire and wind exposure.
Economic momentum is driven by small-scale agriculture, tourism, and remote work, with limited large-scale industrial development in the immediate vicinity.
Property taxes are assessed at the town level by the Heath Board of Assessors based on full and fair cash value; the town utilizes a single tax rate for all property classes.
Commuting is primarily car-dependent, with residents typically driving 30-45 minutes to reach employment hubs in Greenfield or the broader Pioneer Valley.
The area offers extensive access to outdoor recreation, including hiking trails in the Savoy Mountain State Forest, fishing in the Deerfield River, and seasonal agricultural tourism.
The rental market is characterized by low inventory and high demand for single-family homes, with limited multi-family options available.
The local economy is primarily supported by small-scale agriculture, forestry, and local government services, with many residents commuting to larger regional centers.
Public transit is non-existent; the area relies entirely on private vehicle transportation via local state routes.
There are no major commercial or residential developments currently approved or under construction in the ZIP code.
The Franklin County assessment regime is managed by individual town boards of assessors following Massachusetts Department of Revenue guidelines.
Parcels are subject to local town taxes and regional school district assessments.
Property insurance availability is stable, though premiums are influenced by regional wildfire and flood risk assessments.
Massachusetts is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Massachusetts is a caveat emptor state, though sellers must disclose known material defects in writing.
Data retrieved from Census Bureau and World Population Review.
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.
- Jiminy Peak Mountain Resort4.417.5 mi
- Cummington Fair4.515.3 mi
- MASS MoCA4.77.7 mi
- Jiminy Peak Mountain Resort4.417.5 mi
- Franklin County Fairgrounds4.619.3 mi
- Freight Yard Pub4.27.5 mi
- Madison Brewing Company Pub & Restaurant4.518.9 mi
- MASS MoCA4.77.7 mi
- Berkshire East Mountain Resort4.75.6 mi
- Clark Art Institute4.912.6 mi
- Bridge of Flowers4.812.5 mi
- Thunder Mountain Bike Park4.95.5 mi
- MASS MoCA4.77.7 mi
- Clark Art Institute4.912.6 mi
- Three Sisters Sanctuary4.715.4 mi
- Bennington Museum4.719.6 mi
- Williams College Museum of Art4.612.1 mi
- Natural Bridge State Park4.66.7 mi
- Mohawk Trail State Forest4.62.5 mi
- Mount Greylock State Reservation4.810.9 mi
- Clarksburg State Park4.67.3 mi
- Peter W. Foote Vietnam Veterans Skating Rink4.36.3 mi
- Onota Boat Livery4.619.5 mi
- Greylock Bowl & Golf4.38.9 mi
- Big Y4.27.5 mi
- Bedard Brothers Volvo Cars4.812 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state forest offering extensive hiking, camping, and scenic views.
Popular destination for fishing, kayaking, and whitewater rafting.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).