East Forest Park · Sixteen Acres
Data as of July 2026. Source: Realtor.com.
The SPRINGFIELD, MA real estate market (01118) currently shows 56 active listings, with 38 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice.
Homes are selling faster, averaging 32 days on market compared to 41 days last year.
The median listing price has risen 4.2% year-over-year, from $323,725 to $337,450.
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.
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 July 2026, there are 56 active listings in SPRINGFIELD, MA (zip code 01118), compared to 19 the prior year.
The median listing price in SPRINGFIELD, MA 01118 is $337,450 as of July 2026, a 4.2% increase from $323,725 the prior year.
Homes in SPRINGFIELD, MA 01118 spend an average of 32 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SPRINGFIELD, MA 01118 is currently a Balanced Market. Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice. Homes are selling faster, averaging 32 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01118 save an estimated $6,749 compared to a typical 5% commission on the median listing price of $337,450. 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.