Hadley, MA Housing Market Update: Tight Inventory, ZBA Agenda Items
Hadley, MA – March 5, 2026 – Low inventory keeps pricing firm as the ZBA reviews hotel-use and parking changes; renters still face tight options.
Quick read
Hadley’s latest market summary points to a familiar theme: limited supply. With only a handful of homes actively listed, pricing can stay firm even when buyers take time to make decisions. On the local governance side, the Zoning Board of Appeals (ZBA) agenda includes items tied to an extended-stay hotel use along the Russell Street corridor and a separate request involving reduced parking requirements.
Top takeaways
- Pricing: Median sale price was $649,500 in the December 2025 reporting period.
- Inventory: Only 5 active listings were noted, keeping choices limited for buyers.
- Tempo: Homes averaged 67 days on market, suggesting buyers still have some decision time despite tight supply.
- Rentals: The rental market also looked constrained, with 8 rental listings and a median rent of $3,922/month.
Market snapshot
With inventory this tight, prices can be “sticky” because there may be fewer comparable homes available at any given time. The same market summary reported $320 per square foot and 8.27% year-over-year median price growth for the latest reporting period. Together, those figures reinforce the idea that limited options can help support prices even if activity moves at a measured pace.
For shoppers, the 67-day average time on market is a reminder that competition and urgency can vary by property. Even in low-inventory conditions, buyers may still negotiate or wait for the right fit—especially when selection is narrow.
Development and zoning watch
- The ZBA agenda for March 4 includes a request tied to continuing an extended-stay hotel use along the Russell Street corridor.
- The board is also set to discuss a comprehensive-permit community request to reduce required parking from 294 spaces to 252.
What are you seeing locally right now: more new listings, more price reductions, or buyers still competing for the best homes?