Population: 15,112 · Density: 1,622.7/mi² · Median household income: $78,354
Typical home value: $224,044 · Homeownership: 77.7%
Data as of January 2026. Source: Realtor.com.
The SPRINGFIELD, MA real estate market (01118) currently shows 25 active listings, with 3 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are selling faster, averaging 63 days on market compared to 67 days last year.
The median listing price has fallen 4.9% year-over-year, from $326,000 to $310,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 01118 | Springfield, MA 01118 | 0.0 mi | 25 | $8,279,575 | $310,000 | $331,183 |
| 01108 | Springfield, MA 01108 | 1.9 mi | 23 | $7,249,784 | $315,000 | $315,208 |
| 01119 | Springfield, MA 01119 | 2.2 mi | 16 | $5,331,472 | $327,400 | $333,217 |
| 01105 | Springfield, MA 01105 | 2.8 mi | 9 | $1,982,142 | $206,000 | $220,238 |
| 01103 | Springfield, MA 01103 | 3.4 mi | 8 | $1,059,896 | $97,450 | $132,487 |
| 01106 | Longmeadow, MA 01106 | 4.0 mi | 11 | $6,949,569 | $599,900 | $631,779 |
| 01107 | Springfield, MA 01107 | 4.5 mi | 1 | $329,900 | $329,900 | $329,900 |
| 01001 | Agawam, MA 01001 | 5.6 mi | 24 | $9,678,576 | $395,000 | $403,274 |
| 01036 | Hampden, MA 01036 | 6.0 mi | 3 | $1,715,301 | $499,900 | $571,767 |
| 01089 | West Springfield, MA 01089 | 6.7 mi | 19 | $6,401,233 | $332,500 | $336,907 |
| 01056 | Ludlow, MA 01056 | 7.6 mi | 25 | $13,743,675 | $519,700 | $549,747 |
| 06071 | Somers, CT 06071 | 7.9 mi | 14 | $8,489,600 | $634,900 | $606,400 |
| 06078 | Suffield, CT 06078 | 9.7 mi | 22 | $11,037,774 | $486,750 | $501,717 |
As of January 2026, there are 25 active listings in SPRINGFIELD, MA (zip code 01118), compared to 14 the prior year.
The median listing price in SPRINGFIELD, MA 01118 is $310,000 as of January 2026, a 4.9% decrease from $326,000 the prior year.
Homes in SPRINGFIELD, MA 01118 spend an average of 63 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, MA 01118 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01118 save an estimated $6,200 compared to a typical 5% commission on the median listing price of $310,000. 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.