Holyoke, Massachusetts.
Typical home $330,652 (+4.3% in a year), asking rent $1,663 (+2.5%). Springfield, MA metro.
to buy the typical home at today's mortgage rate — +$953 (+122%) since Jan 2020.
- 1 year
- Up $13,539 +4%
- $317,113$330,652 since Sep 2025
- 5 years
- Up $71,765 +28%
- $258,887$330,652 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.
- Holyoke$1,736
- Massachusetts$3,439
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Holyoke, MA rose 4.3% over the past year — faster than the nation's +1.2%.
Asking rents in Holyoke, MA rose 2.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Holyoke runs $837/mo more than renting one. The gap peaked at $847 in May 2026.
That is $2,500 a month against $1,663 rent: a $1,736 mortgage payment, plus $411 property tax and $354 insurance & upkeep.
Owning vs renting — Holyoke
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.
- Owning all in$2,500
- Renting$1,663
- Mortgage only$1,736
Property tax · $411/mo 1.49% of value a year — the ACS 2020-2024 median bill over the median home value for Hampden County, MA
Insurance & upkeep · $354/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.
Living in Holyoke, Hampden County, Massachusetts
Holyoke is a city of 38,238 people in Hampden County. Half its households earn more than $53,605 a year and half less, against $71,306 across Hampden County; 27% of its people live below the poverty line. 41% of its homes are lived in by their owners and 59% are rented. Unemployment in Holyoke was 6.7% in August 2026, and Hampden County had 0.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Holyoke is a city in Hampden County, Massachusetts, with a median age a little older than you might expect for a place with so many young families. Incomes run well below the county's, and more people here live below the poverty line than is typical, while fewer households own their homes than rent. Winters are cold and snowy, summers are warm, and precipitation falls fairly evenly through the year.
Work. Many residents work in schools, hospitals and social care, followed by retail, manufacturing, and professional and business services. Holyoke Medical Center, Holyoke Schools and Holyoke Community College are among the largest workplaces in the city. Unemployment is higher than in many places and has held steady over the past year, and the county has lost a few jobs. Commutes are short, and a small share of people work from home.
Things to do. Within the city itself are the Volleyball Hall of Fame, a museum, and the Holyoke Merry-Go-Round, a tourist attraction. Scott Tower is another landmark in or beside town, and the Victory Theatre is a theatre there as well. A short drive away, the Chicopee River offers a stretch of water to walk beside, and the Springfield Armory is a protected area with a history of its own.
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- 15,618households
- 26%of adults have a degree
- 27%below the poverty line
- 19 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Hampden County had 201,216 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 16°; warmest in July, with highs near 85° and lows near 61°. About 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Westfield Barnes Municipal Airport weather station, 5 miles away (NOAA).
Largest workplaces in Holyoke
- Holyoke Medical CenterGeneral hospital1,273FTE
- Holyoke SchoolsSchool district994FTE
- Holyoke Community CollegeTwo-year college750
- ISO New EnglandElectric power transmission systems718
- The Massachusetts Veterans Home at HolyokeNursing homes400
- Care ONE at HolyokeNursing care facilities327
- Miravista Behavioral Health CenterPsychiatric hospital219FTE
- Hazen Paper CompanyPulp manufacturing without making paper192
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 41 workplaces with 20 or more staff, 5,866 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively moderate
- Inland floodingRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Holyoke’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hampden County and the Springfield, MA metro.
Holyoke home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Holyoke$330,652
- Massachusetts$655,219
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Holyoke listings, and the typical home goes pending in 11 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Holyoke18.30%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Holyoke43
New listings per month
Sellers arriving at the market.
- Holyoke22
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Holyoke$295,047
- United States$371,407
Zip codes with a Holyoke address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Holyoke — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.