Zip Code:
01063 is a Massachusetts Zip code within the city of Northampton and the county of Hampshire County. Its population is roughly 611.
The 1063 zip code of Northampton, MA is home to a population of around 27,000 people. The median household income in this zip code is around $75,000, and the median home value is around $225,000. Over the past few years, the home equity and home prices in this zip code have been on the rise.
According to Zillow’s Home Value Index (HVI), the home equity values in this zip code have increased by an average of 6.5% over the past three years. Meanwhile, the Zillow Home Price Index (ZHPI) shows that the home prices in this zip code have increased by an average of 9% over the same period. This trend appears to be continuing – according to Zillow’s latest data, both the HVI and ZHPI show that the home equity values and home prices in this zip code are still increasing rapidly.
One possible explanation for these rising trends is that there are a lot of new homes being built in this zip code – according to Census data, there has been a significant increase in new housing construction activity in Northampton over recent years. This could be contributing to rising home values – as more people move into these newly-built homes, they may be willing to pay higher prices for them than those who already live here. Alternatively, it could be that people are increasingly investing their money into property rather than other forms of investments (such as stocks or bonds). Either way, it seems clear that there is strong demand for housing stock in this area and that property values are continuing to rise rapidly.
Price Index: Springfield, MA
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
01027 | 17,818 | 169.9 | America/New_York | 42.29508 | -72.74309 | Easthampton | Hampshire County | Massachusetts |
01060 | 15,948 | 563.7 | America/New_York | 42.32229 | -72.63128 | Northampton | Hampshire County | Massachusetts |
01062 | 10,364 | 220.4 | America/New_York | 42.32188 | -72.69278 | Florence | Hampshire County | Massachusetts |