Call or Text (240) SELL-123
Boston Road Sixteen Acres

SPRINGFIELD, MA 01129

Real Estate Market Report  ·  Hampden County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01129

Boston Road · Sixteen Acres

Market Analysis

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

The SPRINGFIELD, MA real estate market (01129) currently shows 10 active listings, with 3 pending sales. Homes are averaging 5 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 5 days on market compared to 17 days last year.

The median listing price has risen 30% year-over-year, from $249,950 to $324,900.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SPRINGFIELD, MA 01129 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 6,486  ·  Density: 728.8/mi²  ·  Median household income: $80,352

Typical home value: $210,801  ·  Homeownership: 76.8%

Market Overview

Active Listings
10
⇩ 33.3% vs 15 last year
Pending
3
30% pending ratio
Median Price
$324,900
⇧ 30% vs $249,950 last year
Average Price
$330,670
⇧ 29.7% vs $254,933 last year
Days on Market
5
⇩ 70.6% vs 17 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 0.4% vs $228/sqft last year
Median Home Size
1,272 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 15 last year
  • Days on market: 5 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $324,900 (+30% YoY)
  • Average: $330,670 (+29.7% 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 10.1 miles — 172 listings ($65,325,933 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01129Springfield, MA 011290.0 mi8$2,556,800$299,950$319,600
01128Springfield, MA 011281.8 mi1$405,900$405,900$405,900
01118Springfield, MA 011182.7 mi27$9,032,364$323,250$334,532
01109Springfield, MA 011093.1 mi27$7,975,341$290,975$295,383
01028East Longmeadow, MA 010284.3 mi15$10,029,840$717,000$668,656
01105Springfield, MA 011054.9 mi7$1,578,682$206,000$225,526
01103Springfield, MA 011035.4 mi5$635,110$99,900$127,022
01020Chicopee, MA 010205.5 mi17$6,008,582$345,950$353,446
01107Springfield, MA 011076.1 mi2$674,900$337,450$337,450
01013Chicopee, MA 010136.7 mi10$3,696,450$347,000$369,645
01089West Springfield, MA 010898.3 mi19$6,226,984$336,225$327,736
06071Somers, CT 060718.9 mi13$8,314,371$652,175$639,567
01040Holyoke, MA 0104010.1 mi21$8,190,609$344,225$390,029

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, MA 01129?

As of March 2026, there are 10 active listings in SPRINGFIELD, MA (zip code 01129), compared to 15 the prior year.

What is the median home price in SPRINGFIELD, MA 01129?

The median listing price in SPRINGFIELD, MA 01129 is $324,900 as of March 2026, a 30% increase from $249,950 the prior year.

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

Homes in SPRINGFIELD, MA 01129 spend an average of 5 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, MA 01129?

Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, MA 01129 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 17 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01129 save an estimated $6,498 compared to a typical 5% commission on the median listing price of $324,900. 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.