HousingHandbookReference data

U.S. ZIP Code · MA01521

Hampden County · Springfield, MA

Typical home value

$376,190[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.7%
5-year / yr
+6.9%
10-year / yr
+6.9%

Relative price

vs U.S.
+32.4%
vs metro
+12.1%
vs state
-38.5%
ZIP 01521 location in MA
Location of ZIP 01521 in MA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 01521 is worth $376,190 — 12.1% above the Springfield, MA median. Over the past year, values have risen 4.7%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$4,056[3]

#Climate risk

FEMA National Risk Index ratings for Hampden County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
2,583[3]
Median household income
$91,979[3]

#Migration

Household moves in and out of Hampden County over a year, from IRS tax-return data.

Net migration
-1,038[5]
Moved in
6,895
Moved out
7,933

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Holland Elementary

    Elementary · Grades PK–6 · Holland

    226 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,902
Loan principal$300,952
Down payment$75,238
Total interest paid$383,848

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,554
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
82nd percentile[1]
Rental yield
[2]
Property tax
3rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 01521?
The typical home in 01521 is worth $376,190, based on the Zillow Home Value Index.
Are home values rising in 01521?
Home values in 01521 are up 4.7% over the past year, and up 6.9% a year over five years.
What is the property tax rate in 01521?
The effective property tax rate in 01521 is 1.1% — roughly $4,056 a year on a typical home.
Who lives in 01521?
ZIP code 01521 has a population of 2,583 and a median household income of $91,979.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Westfield, MA

    Typical home
    $383,782
    Gross yield
    6.1%
  • MA

    Typical home
    $368,009
    Gross yield
  • Blandford CDP, MA

    Typical home
    $366,008
    Gross yield
  • West Springfield Town, MA

    Typical home
    $359,297
    Gross yield
    4.9%
  • Agawam Town, MA

    Typical home
    $400,667
    Gross yield
  • Russell CDP, MA

    Typical home
    $346,725
    Gross yield

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