East Forest Park · Sixteen Acres
Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, MA real estate market (01118) currently shows 50 active listings, with 27 pending sales. Homes are averaging 19 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are selling faster, averaging 19 days on market compared to 28 days last year.
The median listing price has fallen 1.4% year-over-year, from $329,475 to $324,975.
Population: 15,112 · Density: 1,622.7/mi² · Median household income: $78,354
Typical home value: $224,044 · Homeownership: 77.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 01118 | Springfield, MA 01118 | 0.0 mi | 27 | $9,032,364 | $323,250 | $334,532 |
| 01108 | Springfield, MA 01108 | 1.9 mi | 19 | $6,172,606 | $326,244 | $324,874 |
| 01119 | Springfield, MA 01119 | 2.2 mi | 12 | $3,983,004 | $288,625 | $331,917 |
| 01105 | Springfield, MA 01105 | 2.8 mi | 7 | $1,578,682 | $206,000 | $225,526 |
| 01103 | Springfield, MA 01103 | 3.4 mi | 5 | $635,110 | $99,900 | $127,022 |
| 01106 | Longmeadow, MA 01106 | 4.0 mi | 11 | $7,009,233 | $618,650 | $637,203 |
| 01107 | Springfield, MA 01107 | 4.5 mi | 2 | $674,900 | $337,450 | $337,450 |
| 01001 | Agawam, MA 01001 | 5.6 mi | 21 | $8,547,987 | $409,725 | $407,047 |
| 01036 | Hampden, MA 01036 | 6.0 mi | 2 | $1,189,450 | $594,725 | $594,725 |
| 01089 | West Springfield, MA 01089 | 6.7 mi | 19 | $6,226,984 | $336,225 | $327,736 |
| 01056 | Ludlow, MA 01056 | 7.6 mi | 20 | $11,223,860 | $569,900 | $561,193 |
| 06071 | Somers, CT 06071 | 7.9 mi | 13 | $8,314,371 | $652,175 | $639,567 |
| 06078 | Suffield, CT 06078 | 9.7 mi | 23 | $11,407,356 | $486,750 | $495,972 |
As of September 2026, there are 50 active listings in SPRINGFIELD, MA (zip code 01118), compared to 24 the prior year.
The median listing price in SPRINGFIELD, MA 01118 is $324,975 as of September 2026, a 1.4% decrease from $329,475 the prior year.
Homes in SPRINGFIELD, MA 01118 spend an average of 19 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, MA 01118 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 19 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01118 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $324,975. 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.