Area data
Springfield, MA — ZIP 01118
Population: 14,839 (Census ACS)
Home values & appreciation
- Median home value
- $327,651
- 1-year appreciation
- +4.2%
- 3-year appreciation
- +14.6%
- 5-year appreciation
- +31.0%
- 10-year appreciation
- +106.1%
- All-time peak (2026-07)
- $327,651
- House Price Index
- 467.4 (+2.1% YoY)
Market activity
- Median sale price
- $144,000
- Median days on market
- 178 days
- Sale-to-list ratio
- 99.0%
- 1-year forecast
- +1.9%
- New listings (monthly)
- 22
Rents
- 2-bedroom fair-market rent (HUD reference)
- $2,044/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
- 3
- Elementary schools
- 3
- Middle schools
- 0
- High schools
- 0
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
- 12.0 / 20
- Transit service frequency
- 570
Amenities
- National parks within ~60 mi
- 3
- Nearest national park
- Springfield Armory National Historic Site (3 mi)
- Nearest airport
- Valley Farm Airport (6 mi)
- Nearest major airport
- Westover Metropolitan Airport / Westover Air Reserve Base (CEF) (7 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
- 1,956
- Median annual property tax
- $4,084
- Mean commute to work
- 19 min
- Households with broadband internet
- 80.6%
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 →