01002 — Amherst, MA Home Values
Typical home value $544,806 as of August 2026 · 1st of 82 in Springfield, MA
Blue: typical home value (Zillow ZHVI) in ZIP code 01002, August 2021 to August 2026. This page shows observed data only; no forecast.
How 01002 compares in the Springfield, MA area
ZIP code 01002 (Amherst, MA) has a typical home value of $544,806 as of August 2026, ranking 1st of 82 ZIP codes tracked in the Springfield, MA area, the most expensive ZIP code in the metro. Prices here have moved +2.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.6%, from $417,082 in August 2021 to $544,806 in August 2026. Against observed rent, the typical home here sells for 18× the annual rent ($2,518/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Springfield, MA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Springfield.
Population and demographics
ZIP code 01002 has a population of 24,726, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.9% White, 9% Asian, 8.3% Hispanic or Latino, 7.3% two or more races, 3.8% Black or African American, 0.5% Native Hawaiian or Pacific Islander, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Pelham Elementary | 45 Amherst Road, Pelham, MA | 0.2 mi |
| Fort River Elementary | 70 So East Street, Amherst, MA | 1.7 mi |
| Amherst Regional Middle School | 170 Chestnut Street, Amherst, MA | 2.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 01002?
$544,806 as of August 2026, the latest month Zillow has published observed data for.
Is 01002 an expensive ZIP code in the Springfield, MA area?
01002 ranks 1st of 82 ZIP codes in the Springfield, MA area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 01002 changed over the past year?
+2.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 01002?
The typical home price is 18× the observed annual rent in this ZIP code ($2,518/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 01002?
24,726, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 01002?
Pelham Elementary (0.2 mi), Fort River Elementary (1.7 mi), Amherst Regional Middle School (2.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 01002?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Springfield, MA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.