01036, Hampden, MA

The 1036 zip code of Hampden, MA has a median home value of $225,000. This is a decrease from the median home value of $248,500 in 2016. The decrease in home values can be attributed to both the overall market conditions and the local economy.

The market conditions for Hampden are generally unfavorable. In addition, there is a lack of available inventory due to high demand and low availability. This has led to increased prices for homes in this zip code.

Despite these challenges, there are still some homeowners who have been able to benefit from rising home values in Hampden. Those who have been able to do so may be those who bought their homes recently or those who have invested in property through methods such as buying mortgage-backed securities (MBS). MBS are investments that provide investors with exposure to mortgages and can lead to higher returns if they are sold at a later date.

Despite the challenges faced by homeowners in Hampden, it is still an area that is popular among buyers and sellers alike. This popularity may be due to its close proximity to Boston as well as its many amenities and conveniences, including excellent schools and hospitals.