Market Intelligence Report — MA-140
Springfield, MA
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-MA-05
Updated: May 2026
Updated: May 2026
Median Listing
$375K
+5.7% YOY
Pending Ratio
1.38
+106.3% YOY
Active Inventory
427
+12.4% YOY
Median DOM
25 Days
+4.2% YOY
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Market Signals & Indicators
Supply Dynamics
427 active listings represent the current floor, with new supply arriving at roughly 404 per month.
Pricing Pressure
10.2%
of active listings carry a price reduction, -4.5% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +4.7% year-over-year.
Absorption
1.38
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Springfield, MA
CBSA Code
44140
State
MA