ZIP Code 01020 — Chicopee, MA Home Prices (2026)
The typical home in ZIP 01020 (Chicopee, Massachusetts) is worth about $335,000 at roughly $240 per square foot — 3% more expensive than the Chicopee median and 14% more expensive than the typical U.S. home.
How 01020 compares
ZIP 01020 is one of the pricier ZIP codes in Chicopee: its typical home value of $335,000 ranks #1 of the 3 Chicopee ZIP codes we track (the citywide range runs from $238,000 in 01022 to $335,000 in 01020). Per square foot it costs about $240, against $242 for Chicopee as a whole, $361 for Massachusetts, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 01020 | $335,000 | $240 |
| Chicopee, MA | $324,000 | $242 |
| Massachusetts | $631,000 | $361 |
| United States | $294,000 | $195 |
Home value by size in 01020
Using this ZIP’s rate of about $240 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $240,000 |
| 1,500 sq ft | $360,000 |
| 2,000 sq ft | $480,000 |
| 2,500 sq ft | $600,000 |
| 3,000 sq ft | $720,000 |
Salary needed to buy a home in ZIP 01020
To buy the typical $335,000 home in ZIP 01020 with 20% down, you need a household income of roughly $91,000 a year (about $2,130 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $108,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,800 | $2,640/mo | $113,000/yr |
| 10% (+PMI) | $33,500 | $2,530/mo | $108,000/yr |
| 20% | $67,000 | $2,130/mo | $91,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 01020
At about $240 per square foot, here is roughly how much home different budgets get you in ZIP 01020:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 830 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1040 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1250 sq ft | around the typical home here |
| $400k | 1670 sq ft | around the typical home here |
| $500k | 2080 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 01020 home.
Estimate a specific home in 01020
The estimator below is pre-set to ZIP 01020 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Chicopee ZIP codes by home value
Where 01020 sits among Chicopee’s 3 ZIP codes:
ZIP 01020 home prices: frequently asked
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See the full Chicopee home values page, all Massachusetts cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.