If you need assistance, please call 508-202-0008

Springfield Market Report

$336,342

AVERAGE PRICE OF 465 HOMES

$334,221

AVERAGE PRICE OF 55 DISTRESSED HOMES

$1,867,146

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$443,868

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$277,174

AVERAGE PRICE OF 16 HOMES WITH A POOL

$314,173

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $336,342
Avg Bedrooms 4.14 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $130,962
2 bedrooms $216,943
3 bedrooms $262,129
4 bedrooms $302,050
5 bedrooms $294,494
Springfield Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 462 452 445 428 400
Average Price $323,596 $319,751 $311,872 $324,461 $330,163
Avg Price Change +1.20% +2.53% -4.04% -1.76% +2.08%
Median Price $280,128 $279,929 $279,479 $280,391 $278,900
Med Price Change +0.07% +0.16% -0.33% +0.53% +0.69%
Avg Bedrooms 3.86 beds 3.82 beds 3.72 beds 3.78 beds 3.8 beds
Avg Bathrooms 2.2 baths 2.15 baths 2.1 baths 2.12 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central 4 $392,175 73 days
Central High 4 $272,450 36 days
Choice 5 $326,920 35 days
Commerce 3 $304,228 55 days
Per Board Of Ed 9 $279,411 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 465 $336,342 92 days
Distressed Homes 55 $334,221 126 days
Multi-Million Dollar Homes 13 $1,867,146 89 days
Newly Built Homes 10 $443,868 37 days
Homes with a Pool 16 $277,174 68 days
Reduced Price Homes 19 $314,173 40 days

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Exit Real Estate Executives - Michelle Terry Team
130 W Main St
Spencer, MA 01562
508-202-0008

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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