Housing Insights for ZIP Code 01373 (South Deerfield, MA)

Housing Summary for ZIP Code 01373

Homeowners

The median home value in ZIP Code 01373 (South Deerfield, MA) is $306,700. Approximately 80.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 01373 is 2.45 occupants, while owner-occupied units have an aggregate average size of 3 bedrooms per housing unit.

Renters

In the 01373 ZIP Code, an estimated 19.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 17.2%.

Among renter-occupied units in this ZIP, the average occupancy is 2.05 occupants, while renters in this Franklin County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 01373

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 01373.

ZIP 01373 Massachusetts U.S.
Median Home Value $306,700 $656,427 $364,385
Owner-Occupied Housing Units 80.4% 62.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.45 2.69 2.70
Average # of Bedrooms Per Unit 3 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 19.6% 37.6% 36.0%
Rental Vacancy Rate 17.2% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.05 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 01373 (South Deerfield, MA)

The median home value in ZIP Code 01373 is $306,700. That median value is about 20% lower than the median home value of $381,600 in Massachusetts overall, and is 41% higher than the $217,500 the median home value in the entire U.S. An estimated 41.2% of homes in ZIP Code 01373 are valued $200,000 to $299,999. That is 111% higher than in the stat of Massachusetts, in which 19.5% of homes are valued at $200,000 to $299,999, and is about 110% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 01373 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 01373

This chart visualizes the breakdown of home values in ZIP Code 01373, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 01373 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 01373

See the table below for a regional comparison of home values in ZIP Code 01373.

Home Value ZIP 01373 Massachusetts U.S.
Less than $50,000 1.7% 1.5% 6.9%
$50,000 to $99,999 0.0% 1.4% 12.0%
$100,000 to $149,999 0.4% 3.4% 13.3%
$150,000 to $199,999 4.8% 7.2% 14.0%
$200,000 to $299,999 41.2% 19.5% 19.6%
$300,000 to $499,999 32.9% 35.9% 19.3%
$500,000 to $999,999 18.3% 25.4% 11.4%
$1,000,000 or more 0.6% 5.8% 3.4%

Home Ages in ZIP Code 01373 (South Deerfield, MA)

Approximately 30.6% of homes in this South Deerfield, MA region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 01373 is about 183% higher than percentage of homes built in this time period in Massachusetts overall (10.8% of homes), and is 128% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 23.8% of local homes were built in 1939 or earlier. On the other end of the scale, just 1.3% of homes in this Franklin County ZIP Code were built in 2010 to 2013 in ZIP Code 01373. In comparison, 1.7% of homes in Massachusetts overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 01373

A detailed regional comparison of home ages in ZIP Code 01373.

Year Built ZIP 01373 Massachusetts U.S.
2014 or later 1.5% 1.6% 2.5%
2010 to 2013 1.3% 1.7% 2.7%
2000 to 2009 4.8% 7.1% 14.0%
1990 to 1999 5.1% 7.7% 13.9%
1980 to 1989 30.6% 10.8% 13.4%
1970 to 1979 17.8% 11.6% 15.2%
1960 to 1969 7.9% 10.2% 10.6%
1950 to 1959 3.5% 11.3% 10.3%
1940 to 1949 3.7% 5.5% 4.9%
1939 or earlier 23.8% 32.5% 12.6%

Age of Homes in ZIP Code 01373

See the chart below for details on the age of homes in ZIP Code 01373, Massachusetts, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 01373

Frequently asked questions about housing in this South Deerfield, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 01373.

1

What is the average home value ZIP Code 01373?

The median home value in ZIP Code 01373 (South Deerfield, MA) is $306,700.
2

Are homes expensive in ZIP Code 01373?

The median home value in 01373 ($306,700) is an estimated 20% lower than the aggregate median value of $381,600 in Massachusetts, and is 41% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 01373?

The vacacy rate for owner-occupied housing in ZIP Code 01373 is 0.0%. This rate is 100% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 01373 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 01373 have older homes or newer construction?

In ZIP Code 01373, about 30.6% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 23.8% of homes in the region were built in 1939 or earlier. In contrast, 1.3% of homes in 01373 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 01373? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 01373 than renter-occupied housing. Owner-occupied units make up 80.4% of housing, compared to 19.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 01373?

The vacacy rate for rental units in ZIP Code 01373 is 17.2%. This rate is 378% higher than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 01373 vacancy rate is 187% higher than the entire U.S. vacancy rate of 6.0%.