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Bay Brightwood East Springfield Liberty Heights McKnight Memorial Square Metro Center

SPRINGFIELD, MA 01104

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01104

Bay · Brightwood · East Springfield · Liberty Heights · McKnight · Memorial Square · Metro Center

Market Analysis

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

The SPRINGFIELD, MA real estate market (01104) currently shows 16 active listings, with 4 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 20 days last year.

The median listing price has fallen 1.2% year-over-year, from $281,975 to $278,675.

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.

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Market Context

Market Context

Population: 22,606  ·  Density: 1,668.2/mi²  ·  Median household income: $47,413

Typical home value: $187,016  ·  Homeownership: 46.4%

Market Overview

Active Listings
16
⇩ 11.1% vs 18 last year
Pending
4
25% pending ratio
Median Price
$278,675
⇩ 1.2% vs $281,975 last year
Average Price
$273,137
⇩ 8% vs $297,028 last year
Days on Market
18
⇩ 10% vs 20 days last year

Price Per Square Foot

Median $/sqft
$231
⇧ 4.1% vs $222/sqft last year
Median Home Size
1,198 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 18 last year
  • Days on market: 18 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $278,675 (-1.2% YoY)
  • Average: $273,137 (-8% 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 9.4 miles — 183 listings ($84,170,847 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01104Springfield, MA 011040.0 mi15$4,481,685$299,207$298,779
01107Springfield, MA 011072.2 mi1$329,900$329,900$329,900
01105Springfield, MA 011052.4 mi9$1,982,142$206,000$220,238
01119Springfield, MA 011192.9 mi16$5,331,472$327,400$333,217
01151Indian Orchard, MA 011513.3 mi4$1,127,300$291,200$281,825
01108Springfield, MA 011083.6 mi23$7,249,784$315,000$315,208
01089West Springfield, MA 010894.3 mi19$6,401,233$332,500$336,907
01128Springfield, MA 011284.9 mi2$720,888$360,444$360,444
01106Longmeadow, MA 011065.8 mi11$6,949,569$599,900$631,779
01040Holyoke, MA 010406.7 mi26$9,713,392$307,500$373,592
01095Wilbraham, MA 010957.1 mi31$26,587,460$621,200$857,660
01075South Hadley, MA 010758.6 mi20$9,919,420$419,900$495,971
01033Granby, MA 010339.4 mi6$3,376,602$597,450$562,767

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, MA 01104?

As of February 2026, there are 16 active listings in SPRINGFIELD, MA (zip code 01104), compared to 18 the prior year.

What is the median home price in SPRINGFIELD, MA 01104?

The median listing price in SPRINGFIELD, MA 01104 is $278,675 as of February 2026, a 1.2% decrease from $281,975 the prior year.

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

Homes in SPRINGFIELD, MA 01104 spend an average of 18 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, MA 01104?

Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, MA 01104 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 20 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 01104 save an estimated $5,574 compared to a typical 5% commission on the median listing price of $278,675. 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.