Threshold US · Massachusetts land

New-build home prices in 01040

Hampden County, MA · 1,999 recorded sales 2021-2026 · MassGIS L3

Recorded home sales in ZIP 01040 (Hampden County) run a median of $172 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $128 and $224/sq ft.

$172
median $/sq ft (2021-2026)
$280,000
median sale price
1,655
median home size (sq ft)
1,999
qualified sales analyzed

What new homes sell for in 01040

At the local median of $172/sq ft, a new home would price roughly:

1,500 sq ft$258,000
2,000 sq ft$344,000
2,500 sq ft$430,000
3,000 sq ft$516,000

A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.

By home type

Home typeSalesMedian $/sq ftMedian sizeMedian price
Single-family1,295$1871,540 sf$290,000
Multi-family472$1172,453 sf$295,000
Condominium232$175912 sf$159,900

Recent sales in 01040

TypeSq ftSale price$/sq ftYr builtSold
Single-family848$218,530$25819302/2026
Single-family4,268$1,160,000$27220217/2025
Single-family2,484$939,495$37820246/2025
Single-family2,808$900,000$32120244/2025
Single-family2,915$886,000$30420244/2025
Single-family3,172$775,000$24420047/2025
Single-family3,554$765,000$21519967/2025
Single-family2,731$761,000$279201712/2025
Single-family3,374$750,000$22219379/2025
Single-family2,554$750,000$29420047/2025
Single-family2,348$749,900$319201310/2025
Single-family3,138$730,000$233186011/2025
Single-family1,812$710,000$39220241/2025
Single-family1,768$700,000$39620016/2025
Single-family1,534$676,000$44119984/2025

Appraising a site in 01040?

Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.

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Questions about 01040 home prices

What is the price per square foot in 01040?
Recent recorded home sales in ZIP 01040 (Hampden County, MA) run a median of $172 per square foot, with the middle half between $128 and $224, from 1,999 qualified sales in 2021-2026.
What does a home sell for in 01040?
The typical recorded sale in 01040 is a 1,655 sq ft home at $280,000. A new 1,655 sq ft home at the local $172/sq ft would price around $284,660.
Where does this 01040 data come from?
MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.

All of Hampden County →
Nearby ZIPs: 01075 · 01020 · 01073 · 01022 · 01013 · 01089 · 01107 · 01104
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Method: recorded residential sales with assessor living area (2021+) from MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.