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SPRINGFIELD, MA 01105

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

Neighborhoods in ZIP 01105

Lower Maple · Maple Hill · McKnight · Metro Center · Quadrangle-Mattoon (Mattoon) · Ridgewood · Six Corners · South End

Market Analysis

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

The SPRINGFIELD, MA real estate market (01105) currently shows 7 active listings. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 55 days on market compared to 120 days last year.

The median listing price has fallen 0% year-over-year, from $206,000 to $206,000.

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: 12,045  ·  Density: 3,856.5/mi²  ·  Median household income: $23,948

Typical home value: $212,392  ·  Homeownership: 11.3%

Market Overview

Active Listings
7
⇩ 75% vs 28 last year
Pending
0
0% pending ratio
Median Price
$206,000
vs $206,000 last year
Average Price
$198,237
⇩ 3.6% vs $205,618 last year
Days on Market
55
⇩ 54.2% vs 120 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 25.7% vs $140/sqft last year
Median Home Size
1,319 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 28 last year
  • Days on market: 55 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $206,000 (+0% YoY)
  • Average: $198,237 (-3.6% 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 8.9 miles — 257 listings ($103,662,298 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01105Springfield, MA 011050.0 mi9$1,982,142$206,000$220,238
01108Springfield, MA 011081.6 mi23$7,249,784$315,000$315,208
01107Springfield, MA 011072.1 mi1$329,900$329,900$329,900
01118Springfield, MA 011182.8 mi25$8,279,575$310,000$331,183
01106Longmeadow, MA 011063.5 mi11$6,949,569$599,900$631,779
01089West Springfield, MA 010894.1 mi19$6,401,233$332,500$336,907
01128Springfield, MA 011284.7 mi2$720,888$360,444$360,444
01028East Longmeadow, MA 010284.9 mi19$11,476,741$582,450$604,039
01020Chicopee, MA 010205.4 mi19$6,295,973$325,000$331,367
01022Chicopee, MA 010227.0 mi3$734,451$244,950$244,817
06082Enfield, CT 060828.1 mi75$29,784,975$348,750$397,133
01040Holyoke, MA 010408.5 mi26$9,713,392$307,500$373,592
01056Ludlow, MA 010568.9 mi25$13,743,675$519,700$549,747

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, MA 01105?

As of February 2026, there are 7 active listings in SPRINGFIELD, MA (zip code 01105), compared to 28 the prior year.

What is the median home price in SPRINGFIELD, MA 01105?

The median listing price in SPRINGFIELD, MA 01105 is $206,000 as of February 2026, a 0% increase from $206,000 the prior year.

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

Homes in SPRINGFIELD, MA 01105 spend an average of 55 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, MA 01105?

Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, MA 01105 is currently a Seller's Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 120 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 01105 save an estimated $4,120 compared to a typical 5% commission on the median listing price of $206,000. 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.