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City / Town Overview

Springfield, MA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Springfield, MA real estate market currently shows 289 active listings, with 116 pending sales. Homes are averaging 41.1 days on the market before going under contract.

Inventory has increased compared to last year, with 113 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41.1 days on market compared to 59.3 days last year.

The median listing price has risen 0.8% year-over-year, from $303,732 to $306,280.

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Market Context

Market Context

Population: 145,681  ·  Density: 2,254.5/mi²  ·  Median household income: $48,851

Typical home value: $198,801  ·  Homeownership: 48.6%

Included Areas

Springfield: 01101, 01102, 01103, 01104, 01105, 01107, 01108, 01109, 01111, 01115, 01118, 01119

Area Map

Market Overview

Active Listings
289
⇧ 64.2% vs 176 last year
Pending
116
40% pending ratio
Median Price
$306,280
⇧ 0.8% vs $303,732 last year
Average Price
$316,439
⇧ 0.7% vs $314,361 last year
Days on Market
41.1
⇩ 30.7% vs 59 days last year

Price Per Square Foot

Median $/sqft
$218
⇧ 2.2% vs $213/sqft last year
Median Home Size
1,415 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %