Colrain (01340) has an estimated 1,701 residents with 1,701 of those people in approximately 700 housing units. The 01340 zipcode contains 370 housing units that are owned with a mortgage or a loan, 217 housing units that are owned free and clear and 113 housing units that are renter occupied.

Zip code 01340 is in the Greenfield Town metropolitan area.
The median estimated home value in Colrain, MA (01340) is $185,500 as of 2018-10-31

In Colrain, MA (01340), values have declined by -0.06 from when they peaked at $196,300 in 2006-Q4

The Zillow Market Health Index for Colrain, MA (01340) is 6.88. The corresponding state value is 3.73. This is significantly higher than the overall Market Health Index of Massachusetts.
Metro value is 5.49.
This is higher than the overall Market Health Index of GreenfieldTown.