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SPRINGFIELD, MA 01104

Real Estate Market Report  ·  Hampden County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇩ 11.8% vs 17 last year
Pending
3
20% pending ratio
Median Price
$299,207
⇧ 15.1% vs $259,900 last year
Average Price
$298,779
⇧ 11.4% vs $268,303 last year
Days on Market
47
⇧ 11.9% vs 42 days last year

Market Context

Population: 22,606  ·  Density: 1,668.2/mi²  ·  Median household income: $47,413

Typical home value: $187,016  ·  Homeownership: 46.4%

Market Analysis

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

The SPRINGFIELD, MA real estate market (01104) currently shows 15 active listings, with 3 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 42 days last year.

The median listing price has risen 15.1% year-over-year, from $259,900 to $299,207.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 17 last year
  • Days on market: 47 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $299,207 (+15.1% YoY)
  • Average: $298,779 (+11.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.4 miles — 183 listings ($84,170,847 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01104Springfield, MA 011040.0 mi15$4,481,685$299,207$298,779
01107Springfield, MA 011072.2 mi1$329,900$329,900$329,900
01105Springfield, MA 011052.4 mi9$1,982,142$206,000$220,238
01119Springfield, MA 011192.9 mi16$5,331,472$327,400$333,217
01151Indian Orchard, MA 011513.3 mi4$1,127,300$291,200$281,825
01108Springfield, MA 011083.6 mi23$7,249,784$315,000$315,208
01089West Springfield, MA 010894.3 mi19$6,401,233$332,500$336,907
01128Springfield, MA 011284.9 mi2$720,888$360,444$360,444
01106Longmeadow, MA 011065.8 mi11$6,949,569$599,900$631,779
01040Holyoke, MA 010406.7 mi26$9,713,392$307,500$373,592
01095Wilbraham, MA 010957.1 mi31$26,587,460$621,200$857,660
01075South Hadley, MA 010758.6 mi20$9,919,420$419,900$495,971
01033Granby, MA 010339.4 mi6$3,376,602$597,450$562,767

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, MA 01104?

As of January 2026, there are 15 active listings in SPRINGFIELD, MA (zip code 01104), compared to 17 the prior year.

What is the median home price in SPRINGFIELD, MA 01104?

The median listing price in SPRINGFIELD, MA 01104 is $299,207 as of January 2026, a 15.1% increase from $259,900 the prior year.

How long do homes stay on the market in SPRINGFIELD, MA?

Homes in SPRINGFIELD, MA 01104 spend an average of 47 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, MA 01104?

Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, MA 01104 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 42 days last year.

How much can I save on real estate commission in SPRINGFIELD, MA?

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01104 save an estimated $5,984 compared to a typical 5% commission on the median listing price of $299,207. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.