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Area data

Springfield, MA — ZIP 01108

Population: 27,405 (Census ACS)

Home values & appreciation

Median home value
$307,899
1-year appreciation
+3.9%
3-year appreciation
+16.3%
5-year appreciation
+32.5%
10-year appreciation
+117.4%
All-time peak (2026-07)
$307,899
House Price Index
467.4 (+2.1% YoY)

Market activity

Median sale price
$282,500
Median list price
$224,900
Median days on market
36.5 days
Sale-to-list ratio
97.4%
Active listings
4
1-year forecast
+2.0%
New listings (monthly)
15

Rents

Typical rent
$1,925/mo
1-year rent change
+9.3%
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
10
Elementary schools
6
Middle schools
2
High schools
2
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
53.0°F
Average high
62.0°F
Average low
44.0°F
Annual precipitation
58.5 in
Annual snowfall
25.8 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
9.5 / 20
Transit service frequency
750

Amenities

National parks within ~60 mi
3
Nearest national park
Springfield Armory National Historic Site (2 mi)
Nearest airport
Valley Farm Airport (7 mi)
Nearest major airport
Westover Metropolitan Airport / Westover Air Reserve Base (CEF) (8 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
9
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
$3,726
Mean commute to work
18 min
Households with broadband internet
73.1%

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