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Area data

Springfield, MA — ZIP 01103

Population: 2,477 (Census ACS)

Home values & appreciation

Median home value
$134,963
1-year appreciation
-5.7%
3-year appreciation
+19.9%
5-year appreciation
+53.9%
10-year appreciation
+168.3%
All-time peak (2025-11)
$145,396
House Price Index
467.4 (+2.1% YoY)

Market activity

Median sale price
$82,500
Median list price
$132,000
Median days on market
69.5 days
Sale-to-list ratio
93.2%
Active listings
6
1-year forecast
+1.1%
New listings (monthly)
5

Rents

Typical rent
$1,565/mo
1-year rent change
+3.7%
1BR fair-market rent
$1,597/mo
3BR fair-market rent
$2,658/mo

Affordability

Cost of living index (High)
110.5 (100 = US avg)
Electricity rate (state-level)
30.5¢/kWh
Natural gas rate (state-level)
$25.10/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
0
Middle schools
1
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
hurricane, iceStorm, inlandFlooding, strongWind, coldWave

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
62.0°F
Average low
42.0°F
Annual precipitation
48.5 in
Annual snowfall
47.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
220
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
5.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
4
Nearest national park
Springfield Armory National Historic Site (1 mi)
Nearest airport
Westover Metropolitan Airport / Westover Air Reserve Base (CEF) (7 mi)
Nearest major airport
Westover Metropolitan Airport / Westover Air Reserve Base (CEF) (7 mi)
Hospitals nearby (~15 mi)
9
Avg hospital rating
2.5 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-1,085 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$2,900
Households with broadband internet
62.8%

Employment & development

Total county employment
170,676
Average weekly wage
$1,136
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
201

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents