Zip lookup · MA

01002
Amherst, Massachusetts.

Amherst, Hampshire County, MA · Springfield, MA metro · population 26,370

What it costs per month · 01002 $2,811/mo

to buy the typical home at today's mortgage rate — +$1,536 (+120%) since Jan 2020.

What the home itself did
1 year
Up $13,985 +3%
$521,599$535,584 since Sep 2025
5 years
Up $124,782 +30%
$410,802$535,584 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 01002 $2,811 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 01002$2,811
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 01002 rose 2.7% over the past year — faster than the nation's +1.2%.

Asking rents in zip 01002 rose 4.7% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 01002 runs $1,067/mo more than renting one. The gap peaked at $1,301 in Oct 2023.

That is $4,024 a month against $2,957 rent: a $2,811 mortgage payment, plus $639 property tax and $573 insurance & upkeep.

Owning vs renting — zip 01002

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,500 $3,000 $3,500 $4,000 2023 2024 2025 2026 Owning all in $4,024 Renting $2,957 Mortgage only $2,811
$2,500 $3,000 $3,500 $4,000 2023 2024 2025 2026
  • Owning all in$4,024
  • Renting$2,957
  • Mortgage only$2,811

Property tax · $639/mo 1.43% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $573/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Hampshire County, MA 93% · Franklin County, MA 7%

Zillow also publishes an index for the city itself: Amherst, MA — measured over the city limits, which is a different area from this zip.

Asking rent $2,957 as of Sep 2026
+4.7%year on year
Typical home value $535,584 as of Sep 2026
+2.7%year on year

Asking rent — 01002

Against the Springfield, MA metro and the national benchmark.

$2,000 $2,500 $3,000 2023 2024 2025 2026 01002 $2,957 Springfield $1,963 United States $1,932
$2,000 $2,500 $3,000 2023 2024 2025 2026
  • 01002$2,957
  • Springfield$1,963
  • United States$1,932

Typical home value — 01002

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 01002 $535,584 Springfield $372,394 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 01002$535,584
  • Springfield$372,394
  • United States$366,157

Within 20 miles

Showing 30 of 57 zips in range — sorting picks from all 57.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
5.5 01035 Hadley 5,306 $4,995 $523,848
6.4 01072 Shutesbury 1,521 — $433,095
6.8 01054 Leverett 1,608 — $518,541
7.2 01038 Hatfield 2,491 — $498,776
7.3 01007 Belchertown 15,419 — $474,496
7.6 01375 Sunderland 3,641 $3,420 $484,884
8.2 01033 Granby 6,080 — $402,917
8.5 01355 New Salem 958 — $405,109
9.3 01060 Northampton 16,492 $2,355 $496,871
10.1 01075 South Hadley 17,754 $1,753 $383,821
10.2 01373 South Deerfield 4,860 — $462,495
10.6 01093 Whately 225 — $503,233
11.0 01082 Ware 10,392 $1,750 $355,265
11.8 01351 Montague 2,636 — $394,409
11.8 01039 Haydenville 1,506 — $460,564
11.9 01379 Wendell 778 — $317,242
12.2 01062 Florence 9,816 — $497,851
12.7 01053 Leeds 2,304 — $461,728
12.7 01056 Ludlow 20,904 — $372,618
13.0 01022 Chicopee 1,844 — $237,180
13.1 01349 Millers Falls 741 — $335,557
13.6 01342 Deerfield 1,267 — $457,909
13.8 01037 Hardwick 572 — $436,780
14.3 01031 Gilbertville 1,676 — $398,894
14.3 01080 Three Rivers 2,454 — $315,147
14.5 01040 Holyoke 37,813 $1,663 $330,811
14.8 01020 Chicopee 30,167 $1,696 $329,386
15.1 01341 Conway 1,622 — $465,155
15.3 01027 Easthampton 17,716 $2,206 $436,610
15.3 01069 Palmer 8,821 — $342,106

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.