East Forest Park · Sixteen Acres
Data as of February 2026. Source: Realtor.com.
The SPRINGFIELD, MA real estate market (01118) currently shows 20 active listings, with 4 pending sales. Homes are averaging 94 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 94 days on market compared to 35 days last year.
The median listing price has fallen 0.5% year-over-year, from $324,999 to $323,250.
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 | 25 | $8,279,575 | $310,000 | $331,183 |
| 01108 | Springfield, MA 01108 | 1.9 mi | 23 | $7,249,784 | $315,000 | $315,208 |
| 01119 | Springfield, MA 01119 | 2.2 mi | 16 | $5,331,472 | $327,400 | $333,217 |
| 01105 | Springfield, MA 01105 | 2.8 mi | 9 | $1,982,142 | $206,000 | $220,238 |
| 01103 | Springfield, MA 01103 | 3.4 mi | 8 | $1,059,896 | $97,450 | $132,487 |
| 01106 | Longmeadow, MA 01106 | 4.0 mi | 11 | $6,949,569 | $599,900 | $631,779 |
| 01107 | Springfield, MA 01107 | 4.5 mi | 1 | $329,900 | $329,900 | $329,900 |
| 01001 | Agawam, MA 01001 | 5.6 mi | 24 | $9,678,576 | $395,000 | $403,274 |
| 01036 | Hampden, MA 01036 | 6.0 mi | 3 | $1,715,301 | $499,900 | $571,767 |
| 01089 | West Springfield, MA 01089 | 6.7 mi | 19 | $6,401,233 | $332,500 | $336,907 |
| 01056 | Ludlow, MA 01056 | 7.6 mi | 25 | $13,743,675 | $519,700 | $549,747 |
| 06071 | Somers, CT 06071 | 7.9 mi | 14 | $8,489,600 | $634,900 | $606,400 |
| 06078 | Suffield, CT 06078 | 9.7 mi | 22 | $11,037,774 | $486,750 | $501,717 |
As of February 2026, there are 20 active listings in SPRINGFIELD, MA (zip code 01118), compared to 12 the prior year.
The median listing price in SPRINGFIELD, MA 01118 is $323,250 as of February 2026, a 0.5% decrease from $324,999 the prior year.
Homes in SPRINGFIELD, MA 01118 spend an average of 94 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, MA 01118 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 94 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MA 01118 save an estimated $6,465 compared to a typical 5% commission on the median listing price of $323,250. 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.