Is Chicopee, MA 01022 a buyer’s or seller’s market?
Chicopee is a seller’s market. With about 0.2 months of supply and 62% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Chicopee housing market right now
In the three months ending August 31, 2026, 62% of homes in Chicopee, MA 01022 sold above their list price, the typical home went under contract in 34 days and there were 0.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 53%, homes sold more slowly (20 days then) and the median sale price rose 4% to $233,799. Overall, Chicopee is more competitive than a year ago, so tougher for buyers.
Within Hampden County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell more often over asking than in 60%.
Nearby, buyers who want less competition could look at Springfield 01103 (0% sold over asking) or Russell 01071 (0% sold over asking), while Bondsville 01009 (100% sold over asking) and Springfield 01128 (85% sold over asking) are even more competitive.
Run the numbers for 01022
Nearby markets
Agawam 01001Seller’s market $249 /sq ftBlandford 01008Seller’s market $257 /sq ftBondsville 01009Buyer’s market $218 /sq ftBrimfield 01010Balanced $247 /sq ft Browse all markets →Towns like Chicopee nearby
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Questions about Chicopee real estate
Is Chicopee a buyer’s or seller’s market?
A seller’s market: there were 0.2 months of supply in Chicopee, MA 01022 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chicopee?
The typical home went under contract in 34 days in the latest three months.
Do homes in Chicopee sell over asking?
62% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.
What are property taxes in Chicopee?
About 1.49% of a home’s value a year in Hampden County, or roughly $5,960 on a $400,000 home.
What is the median home price in Chicopee?
The median sale price was $233,799 in the three months ending August 31, 2026, about $256 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology