The story of this market
The typical home in ZIP 01063 sells for about $680,000, or $388 per square foot.
Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,383 a month.
This ZIP has no home sales of its own, so its market figures come from Northampton, Massachusetts (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 01063 — Northampton
ZIP 01063 is a unique institutional ZCTA serving Smith College, which results in limited residential market data for standard metrics like median home price or sales volume. The area is characterized by a very young population, high educational attainment, and a rental market driven by university demand. Most standard housing market indicators are not published for this specific ZIP code.
This ZIP is primarily suited for students, faculty, and staff associated with Smith College, given its status as a unique institutional ZIP code.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 78 days on market with 2.9 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 102.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.1% — a mixed stability profile.
ZCTA 01063, Hampshire County, MA
The area is characterized by high educational attainment, with 85.3% of adults holding a bachelor's degree or higher.
The area has a high exposure posture for hurricane and flood risks.
The ZIP code is a unique entity serving Smith College, driving a local economy centered on higher education and student-related services.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The area features a very long mean commute time of approximately 180 minutes, reflecting its specific institutional character.
The area is highly walkable and located in immediate proximity to Smith College, providing access to campus amenities and the urban core of Northampton.
The rental market is heavily influenced by the university presence, with a two-bedroom fair market rent of $2,350.
The economy is dominated by the higher education sector, specifically Smith College.
The area has a high insurance risk profile for hurricane and flood hazards.
Data retrieved from data.census.gov and US5.com; many housing metrics are null due to the ZIP's unique institutional status.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
The ZIP code is a unique entity serving this institution.