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

Springfield Market Report

$415,267

AVERAGE PRICE OF 272 HOMES

$252,125

AVERAGE PRICE OF 51 DISTRESSED HOMES

$2,584,889

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$272,975

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$306,560

AVERAGE PRICE OF 5 HOMES WITH A POOL

$367,399

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $415,267
Avg Bedrooms 3.72 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $133,930
2 bedrooms $224,740
3 bedrooms $289,869
4 bedrooms $335,215
5 bedrooms $399,787
Springfield Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 276 249 243 247 266
Average Price $405,148 $353,563 $341,437 $332,135 $336,551
Avg Price Change +14.59% +3.55% +2.80% -1.33% -1.09%
Median Price $320,766 $304,693 $299,919 $295,074 $298,611
Med Price Change +5.28% +1.59% +1.64% -1.20% -0.33%
Avg Bedrooms 3.63 beds 3.44 beds 3.36 beds 3.33 beds 3.38 beds
Avg Bathrooms 1.97 baths 1.93 baths 1.82 baths 1.83 baths 1.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Per Board Of Ed 5 $344,960 17 days
Total Homes Average Price Avg Days on Site
All Homes 272 $415,267 89 days
Distressed Homes 51 $252,125 144 days
Multi-Million Dollar Homes 9 $2,584,889 159 days
Newly Built Homes 28 $272,975 234 days
Homes with a Pool 5 $306,560 220 days
Reduced Price Homes 12 $367,399 56 days

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eXp Realty - 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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