House Prices & Home Values Springfield, MA 2026
Average Data
| average house price | $243,856 |
| average size per house | 2147 ft² |
| average price per ft² | 114 $ / ft² |
01/17/2026 -
The value range (VR) for house prices in Springfield, MA is $72/ sqft to $201/ sqft. An average home with 2147 sqft costs approximately $154,584 to $431,547. Springfield, MA includes 11 ZIP codes and it is located in Hampden county.
The lowest prices are found in ZIP 01105, while the highest are in ZIP 01129. The average price per sqare feet is $114. Our analysis is based on 114 property listings.
Avergage prices by ZIP codes Springfield
| 01103 | 147 $ / ft² | | 01104 | 119 $ / ft² | | 01105 | 71 $ / ft² | | 01107 | 93 $ / ft² | | 01108 | 75 $ / ft² | | 01109 | 98 $ / ft² | | 01118 | 108 $ / ft² | | 01119 | 152 $ / ft² | | 01128 | 174 $ / ft² | | 01129 | 200 $ / ft² | | 01199 | 148 $ / ft² |
Historical development of home values in Springfield
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$113,251 |
-53.6% |
| 2011 |
$108,872 |
-55.4% |
| 2012 |
$108,579 |
-55.5% |
| 2013 |
$112,637 |
-53.8% |
| 2014 |
$118,238 |
-51.5% |
| 2015 |
$124,306 |
-49.0% |
| 2016 |
$130,793 |
-46.4% |
| 2017 |
$137,853 |
-43.5% |
| 2018 |
$145,474 |
-40.3% |
| 2019 |
$152,219 |
-37.6% |
| 2020 |
$160,088 |
-34.4% |
| 2021 |
$182,083 |
-25.3% |
| 2022 |
$212,268 |
-13.0% |
| 2023 |
$223,847 |
-8.2% |
| 2024 |
$236,797 |
-2.9% |
| 2025 |
$243,856 |
0.0% |
Graph: estimated home values in Springfield over time (USD)
Example: 100% financing house in Springfield
Loan amount:
$243,856
Interest rate:
6.00%
Fixed monthly payment:
$1,462.04
Breakdown in the 1st month:
Interest portion:
$1,219.28 –
Principal portion:
$242.76
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$14,549.90 |
$2,994.58 |
$240,861.42 |
| 2 |
$14,365.20 |
$3,179.28 |
$237,682.14 |
| 3 |
$14,169.11 |
$3,375.37 |
$234,306.77 |
| 4 |
$13,960.92 |
$3,583.56 |
$230,723.21 |
| 5 |
$13,739.90 |
$3,804.58 |
$226,918.63 |
| 6 |
$13,505.24 |
$4,039.24 |
$222,879.39 |
| 7 |
$13,256.11 |
$4,288.37 |
$218,591.02 |
| 8 |
$12,991.61 |
$4,552.87 |
$214,038.15 |
| 9 |
$12,710.80 |
$4,833.68 |
$209,204.47 |
| 10 |
$12,412.67 |
$5,131.81 |
$204,072.66 |
| 11 |
$12,096.15 |
$5,448.33 |
$198,624.33 |
| 12 |
$11,760.11 |
$5,784.37 |
$192,839.96 |
| 13 |
$11,403.34 |
$6,141.14 |
$186,698.82 |
| 14 |
$11,024.57 |
$6,519.91 |
$180,178.91 |
| 15 |
$10,622.44 |
$6,922.04 |
$173,256.87 |
| 16 |
$10,195.50 |
$7,348.98 |
$165,907.89 |
| 17 |
$9,742.23 |
$7,802.25 |
$158,105.64 |
| 18 |
$9,261.00 |
$8,283.47 |
$149,822.17 |
| 19 |
$8,750.10 |
$8,794.38 |
$141,027.78 |
| 20 |
$8,207.68 |
$9,336.80 |
$131,690.99 |
| 21 |
$7,631.81 |
$9,912.67 |
$121,778.31 |
| 22 |
$7,020.41 |
$10,524.06 |
$111,254.25 |
| 23 |
$6,371.31 |
$11,173.17 |
$100,081.08 |
| 24 |
$5,682.18 |
$11,862.30 |
$88,218.78 |
| 25 |
$4,950.54 |
$12,593.94 |
$75,624.84 |
| 26 |
$4,173.77 |
$13,370.71 |
$62,254.12 |
| 27 |
$3,349.09 |
$14,195.39 |
$48,058.74 |
| 28 |
$2,473.55 |
$15,070.93 |
$32,987.81 |
| 29 |
$1,544.01 |
$16,000.47 |
$16,987.34 |
| 30 |
$557.14 |
$16,987.34 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Springfield, MA
| 1500 sqft | 3900 sqft |
| Ø selling price | $206,911 | $440,155 | | Ø fast selling | $188,101 | $396,139 | | Ø high price sale | $225,721 | $484,170 |
In 2026, houses in Springfield, MA will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $206,911 is 22.40% more expensive per square foot than a 3,900 sqft home priced at $440,155.
Home prices in Springfield, MA vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $304,722.
Sellers who can wait longer may achieve a higher price of up to $372,439.
Discover Springfield, MA
Overview
Located on the Connecticut River in western Massachusetts, Springfield, MA anchors the Pioneer Valley with a blend of history and innovation.
Founded in 1636 by William Pynchon, the city grew as a manufacturing hub and later diversified into healthcare, education, and professional services.
Today its revitalized downtown features walkable blocks, riverfront views, and a growing culinary scene that appeals to residents and visitors.
Attractions and Culture
The Naismith Memorial Basketball Hall of Fame is Springfield?s marquee attraction, celebrating the sport born here in 1891.
Top things to do in Springfield MA include the Springfield Museums and The Amazing World of Dr Seuss Museum, a colorful tribute to the beloved author raised in the city.
Outdoors, Forest Park offers miles of trails, a zoo, and seasonal events that make weekend planning effortless.
Economy, Education, and Access
Major employers in healthcare, insurance, advanced manufacturing, and higher education fuel the regional Springfield Massachusetts job market.
Nearby institutions like Springfield College, Western New England University, and AIC support talent pipelines and impactful research.
Interstate access via I-91 and I-90 plus Amtrak, the CTrail Hartford Line, and PVTA buses make travel easy across New England.
With competitive housing costs, ongoing investment, and a growing small business scene, Springfield offers strong value and authentic urban New England character.
FAQ – Home Values in Springfield
What is the median home value in Springfield in 2026?
In 2026, the typical home value in
Springfield is about
$243,856 for an average home size of
2147 square feet. This corresponds to an average
price of roughly $114 per square foot.
What is the average cost per square foot in Springfield?
In 2026, homes in
Springfield sell for an average of around
$114 per square foot, with a typical range
between $72 and
$201 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Springfield is about
2147 square feet, with an estimated
2026 value around
$243,856.
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