Agawam, MA
Commercial Real Estate Market Trends & Data

Agawam's Demographic Profile

Agawam has 11,563 households and a median income of $84,114, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,937
# Households 11,563
Median age 45
Median household income $84,114
Avg household size 2.0
Renter-occupied housing units 3,100
5-year population change -2%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Agawam $121 14,469 SF 7.18%
West Springfield $115 12,000 SF 7.18%
Springfield $113 12,315 SF 8.42%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Agawam $103 66,771 SF 7.18%
West Springfield $91 56,914 SF 7.18%
Longmeadow $138 33,000 SF 6.35%
Nearby Retail Markets Avg Cost/SF Typical Size
Agawam $152 12,523 SF
Feeding Hills $222 8,946 SF
West Springfield $129 10,393 SF
Longmeadow $184 4,253 SF
Suffield $102 8,617 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Agawam $52 72,783 SF 8.36%
West Springfield $95 82,433 SF 13.30%
Springfield $82 59,583 SF 13.30%
Chicopee $112 6,436 SF 8.39%

Commercial Properties For Sale in Agawam

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

25 Agawam Shopping Ct

Agawam, MA 01001

  • 676 SF Office Building
  • $199,000
For Sale

660 Springfield St

Feeding Hills, MA 01030

  • 2,229 SF Office Building
  • $379,000
For Sale

175 State St

Springfield, MA 01103

  • 17,710 SF Office Building
  • $149,900
For Sale

Union Street Apartments

Springfield, MA

  • 8.36% Cap Rate
  • $9,250,000
For Sale

Main St Apartments

Springfield, MA 01105

  • 31,230 SF Multifamily
  • $740,000
For Sale

Valentine Mansion

Springfield, MA 01105

  • 11,102 SF Hospitality
  • $1,150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Agawam pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Agawam $114 28,485 SF
Feeding Hills $147 32,017 SF
West Springfield $128 30,380 SF
Longmeadow $170 25,710 SF
Suffield $119 8,911 SF

Multifamily Properties For Sale in Agawam

For Sale

Union Street Apartments

Springfield, MA

  • 8.36% Cap Rate
  • $9,250,000

Regional Demographic Comparison

This comparison places Agawam alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Agawam or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Agawam 27,937 11,563 45 $84,114 2 3,100 -2%
Feeding Hills 11,351 4,539 46 $90,477 3 1,027 -1%
West Springfield 27,986 11,909 41 $64,237 2 5,041 -2%
Longmeadow 15,595 5,659 45 $140,160 3 626 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Agawam, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Agawam

View All Commercial Real Estate For Sale in Agawam
Is Agawam a good market for a first-time commercial real estate investor?

Agawam offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Agawam?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Agawam. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Agawam?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Agawam. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Agawam compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Agawam. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Agawam acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Agawam, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.