The median home in Pelham, Massachusetts is valued at $487,570, down 1.9% year over year. Pelham is part of the Springfield, MA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Springfield, MA stress score, crash risk, and 12-month forecast →

Home Value$487,570

-1.9%

AFFORDABILITY

Enter your income for Pelham.

Income (annual)

Down Payment

$97,514 on $487,570

Out of reach — 49.6% of income

Need $132,986/yr to afford.

PITI$3,103

P/I49.6%

Afford$275K

Gap-$213K

P&I $2,465Tax $488Ins $150

6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Massachusetts

Compare Pelham with other housing markets across Massachusetts.

Nantucket$2970K Chilmark$2283K Weston$2182K Wellesley$1946K Edgartown$1773K Aquinnah$1729K Dover$1715K West Tisbury$1597K

Full Springfield, MA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Springfield, MA metro.

View Springfield, MA metro →

PELHAM, MA