Is Three Rivers, MA 01080 a buyer’s or seller’s market?
Three Rivers is a seller’s market. With about 3.2 months of supply and 75% 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 Three Rivers housing market right now
In the three months ending August 31, 2026, 75% of homes in Three Rivers, MA 01080 sold above their list price, the typical home went under contract in 18 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 57%, homes sold about as fast and the median sale price fell 6% to $329,857. Overall, Three Rivers is more competitive than a year ago, so tougher for buyers.
Within Hampden County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 89%.
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 01080
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 Three Rivers nearby
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Questions about Three Rivers real estate
Is Three Rivers a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Three Rivers, MA 01080 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 Three Rivers?
The typical home went under contract in 18 days in the latest three months.
Do homes in Three Rivers sell over asking?
75% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Three Rivers?
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 Three Rivers?
The median sale price was $329,857 in the three months ending August 31, 2026, about $195 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