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Brightwood Liberty Heights Memorial Square

SPRINGFIELD, MA 01107

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

Neighborhoods in ZIP 01107

Brightwood · Liberty Heights · Memorial Square

Market Analysis

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

The SPRINGFIELD, MA real estate market (01107) currently shows 1 active listings. Homes are averaging 58 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.

The median listing price has risen 15.8% year-over-year, from $284,900 to $329,900.

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: 12,443  ·  Density: 3,114.9/mi²  ·  Median household income: $30,825

Typical home value: $185,174  ·  Homeownership: 27.9%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$329,900
⇧ 15.8% vs $284,900 last year
Average Price
$329,900
⇧ 5.3% vs $313,300 last year
Days on Market
58
vs 58 days last year

Price Per Square Foot

Median $/sqft
$119
⇩ 44.4% vs $214/sqft last year
Median Home Size
2,782 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 58 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $329,900 (+15.8% YoY)
  • Average: $329,900 (+5.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.5 miles — 211 listings ($93,962,983 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01107Springfield, MA 011070.0 mi2$674,900$337,450$337,450
01105Springfield, MA 011052.1 mi7$1,578,682$206,000$225,526
01089West Springfield, MA 010892.3 mi19$6,226,984$336,225$327,736
01109Springfield, MA 011093.0 mi27$7,975,341$290,975$295,383
01001Agawam, MA 010014.2 mi21$8,547,987$409,725$407,047
01118Springfield, MA 011184.5 mi27$9,032,364$323,250$334,532
01030Feeding Hills, MA 010305.2 mi3$1,094,190$389,000$364,730
01151Indian Orchard, MA 011515.5 mi5$1,356,515$277,450$271,303
01022Chicopee, MA 010226.2 mi6$1,403,898$234,450$233,983
01040Holyoke, MA 010406.6 mi21$8,190,609$344,225$390,029
01085Westfield, MA 010858.7 mi26$12,380,082$349,500$476,157
01095Wilbraham, MA 010959.1 mi31$27,621,031$649,900$891,001
01075South Hadley, MA 010759.5 mi16$7,880,400$404,900$492,525

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, MA 01107?

As of March 2026, there are 1 active listings in SPRINGFIELD, MA (zip code 01107), compared to 3 the prior year.

What is the median home price in SPRINGFIELD, MA 01107?

The median listing price in SPRINGFIELD, MA 01107 is $329,900 as of March 2026, a 15.8% increase from $284,900 the prior year.

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

Homes in SPRINGFIELD, MA 01107 spend an average of 58 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, MA 01107?

Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, MA 01107 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01107 save an estimated $6,598 compared to a typical 5% commission on the median listing price of $329,900. 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.