Is Wales, MA 01081 a buyer’s or seller’s market?
Wales is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Wales housing market right now
In the three months ending August 31, 2026, 83% of homes in Wales, MA 01081 sold above their list price, the typical home went under contract in 17 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 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 36%, homes sold faster (33 days then) and the median sale price fell 24% to $329,857. Overall, Wales is more competitive than a year ago, so tougher for buyers.
Within Hampden County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 94%.
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) is even more competitive.
Run the numbers for 01081
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 Wales nearby
Find towns like Wales in other states →Where Wales is
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Questions about Wales real estate
Is Wales a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Wales, MA 01081 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 Wales?
The typical home went under contract in 17 days in the latest three months.
Do homes in Wales sell over asking?
83% of homes sold above their original list price, and the typical sale closed at 104.1% of the list price.
What are property taxes in Wales?
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 Wales?
The median sale price was $329,857 in the three months ending August 31, 2026, about $324 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