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City / Town Overview

Springfield, MA

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

Market Analysis

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

The Springfield, MA real estate market currently shows 316 active listings, with 173 pending sales. Homes are averaging 32.6 days on the market before going under contract.

Inventory has increased compared to last year, with 160 more homes available — giving buyers more choice.

Homes are selling faster, averaging 32.6 days on market compared to 51.5 days last year.

The median listing price has risen 10.5% year-over-year, from $287,879 to $318,141.

Whether you are buying or selling in Springfield, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
316
⇧ 102.6% vs 156 last year
Pending
173
55% pending ratio
Median Price
$318,141
⇧ 10.5% vs $287,879 last year
Average Price
$336,105
⇧ 12.8% vs $297,940 last year
Days on Market
32.6
⇩ 36.7% vs 52 days last year

Price Per Square Foot

Median $/sqft
$224
⇧ 9.5% vs $204/sqft last year
Median Home Size
1,474 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 %