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 accelerated 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, MA market is currently in an Accelerated condition, primarily driven by a pending ratio of 0.74. This indicates demand is strongly absorbing available inventory, with the pending ratio experiencing a substantial 50.2% increase 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 · Sep 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 significant expansion, increasing by 33.3% year-over-year to 641 units, alongside a 14.1% rise in new listings. Despite this increase in supply, the median days on market extended by 23.0% to 39 days, suggesting some tempering in absorption speed. However, the pending ratio's robust year-over-year growth points to sustained demand momentum offsetting inventory gains. The median listing price has shown modest appreciation of 2.0% 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 0.74 signals an environment where inventory is absorbed at a relatively swift pace. The substantial increase in pending listings suggests ongoing pressure on available supply, which can lead to reduced negotiating latitude for purchasers. While active listings have increased, the strong absorption rate limits the duration properties remain on the market, influencing price discipline.
No distinct luxury-segment signal in this dataset.
641 active listings represent the current floor, with new supply arriving at roughly 436 per month.
of active listings carry a price reduction, -2.1% from prior period.
Median price per square foot has moved +3.7% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Springfield, MA? Homes here are taking 7 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
- 74%
- Median Days on Market
- 39 days
- Inventory YoY
- +33%
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
$574K
53 active · 53 DOM
01085
westfield
$487K
52 active · 40 DOM
01060
northampton
$657K
49 active · 62 DOM
01075
south hadley
$541K
48 active · 51 DOM
01007
belchertown
$581K
42 active · 46 DOM
01109
springfield
$306K
40 active · 37 DOM
01095
wilbraham
$525K
39 active · 41 DOM
01108
springfield
$323K
33 active · 69 DOM
01020
chicopee
$355K
32 active · 23 DOM
01056
ludlow
$420K
30 active · 43 DOM
01028
east longmeadow
$465K
29 active · 46 DOM
01089
west springfield
$381K
29 active · 31 DOM
01106
longmeadow
$680K
29 active · 48 DOM
01040
holyoke
$305K
28 active · 30 DOM
01077
southwick
$501K
26 active · 64 DOM
01104
springfield
$299K
25 active · 26 DOM
01057
monson
$424K
25 active · 54 DOM
01027
easthampton
$550K
24 active · 48 DOM
Sorted by active inventory · click a ZIP for its full report