East Forest Park · Sixteen Acres
Data as of April 2026. Source: Realtor.com.
The SPRINGFIELD, MA real estate market (01118) currently shows 17 active listings, with 4 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 25 days on market compared to 17 days last year.
The median listing price has fallen 0.9% year-over-year, from $342,625 to $339,700.
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 April 2026, there are 17 active listings in SPRINGFIELD, MA (zip code 01118), compared to 21 the prior year.
The median listing price in SPRINGFIELD, MA 01118 is $339,700 as of April 2026, a 0.9% decrease from $342,625 the prior year.
Homes in SPRINGFIELD, MA 01118 spend an average of 25 days on the market before going under contract, compared to 17 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SPRINGFIELD, MA 01118 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 25 days on market compared to 17 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01118 save an estimated $6,794 compared to a typical 5% commission on the median listing price of $339,700. 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.