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City / Town Overview

Springfield, MA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The Springfield, MA real estate market currently shows 138 active listings, with 33 pending sales. Homes are averaging 22.1 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 22.1 days on market compared to 50.8 days last year.

The median listing price has risen 11.4% year-over-year, from $282,001 to $314,237.

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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

Metro Center: 01101, 01103, 01115, 01144

Old Hill: 01109, 01111, 01139

Bay: 01102, 01104

South End: 01105, 01138

Memorial Square: 01107, 01199

Springfield: 01119, 01152

Sixteen Acres: 01128, 01129

Forest Park: 01108

East Forest Park: 01118

Area Map

Market Overview

Active Listings
138
⇩ 14.8% vs 162 last year
Pending
33
24% pending ratio
Median Price
$314,237
⇧ 11.4% vs $282,001 last year
Average Price
$336,419
⇧ 12.2% vs $299,844 last year
Days on Market
22.1
⇩ 56.5% vs 51 days last year

Price Per Square Foot

Median $/sqft
$217
⇧ 12.6% vs $193/sqft last year
Median Home Size
1,481 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 %