Springfield, MA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very competitive Springfield market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Springfield, MA.
The Springfield market is currently characterized as Very Competitive, with a pending ratio of 1.04 indicating demand significantly outstripping available inventory. This strong absorption dynamic persists despite a noticeable increase in active listings over the past year.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Springfield market right now.
Active listings have seen a substantial year-over-year increase of 16.0%, reaching 552 units, while new listings grew more modestly at 1.0%. Despite this inventory growth, the median listing price has maintained upward momentum, appreciating by 7.0% year-over-year. The pending ratio has experienced an 82.1% year-over-year increase, signaling a rapid acceleration in demand relative to supply absorption over the past year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The elevated pending ratio of 1.04 suggests a rapid pace of transactions, placing considerable pressure on available inventory. This environment necessitates prompt engagement for prospective purchasers and generally supports price discipline for properties brought to market. The increased median days on market to 39, up 34.5% year-over-year, indicates some recalibration in transaction speed despite strong overall demand.
No distinct luxury-segment signal in this dataset.
552 active listings represent the current floor, with new supply arriving at roughly 420 per month.
of active listings carry a price reduction, +0.8% from prior period.
Median price per square foot has moved +2.5% year-over-year.
Pending-to-active ratio — Very Competitive.
Recommended For This Market
Very CompetitiveSelling in Springfield, MA? Homes here are taking 10 days longer to sell than last year.
Demand in Springfield, MA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 104%
- Median Days on Market
- 39 days
- Inventory YoY
- +16%
Demand is strong in Springfield, MA. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Springfield, MA
01002
amherst
$590K
51 active · 50 DOM
01060
northampton
$762K
45 active · 54 DOM
01075
south hadley
$579K
44 active · 48 DOM
01085
westfield
$485K
44 active · 38 DOM
01095
wilbraham
$587K
38 active · 47 DOM
01007
belchertown
$580K
38 active · 40 DOM
01109
springfield
$310K
33 active · 32 DOM
01106
longmeadow
$665K
32 active · 35 DOM
01056
ludlow
$540K
31 active · 33 DOM
01028
east longmeadow
$499K
27 active · 37 DOM
01108
springfield
$330K
27 active · 73 DOM
01077
southwick
$575K
26 active · 41 DOM
01089
west springfield
$352K
24 active · 32 DOM
01040
holyoke
$277K
22 active · 33 DOM
01057
monson
$475K
21 active · 41 DOM
01020
chicopee
$320K
19 active · 22 DOM
01027
easthampton
$525K
19 active · 49 DOM
01104
springfield
$280K
18 active · 33 DOM
Sorted by active inventory · click a ZIP for its full report