Springfield Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Springfield. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Springfield, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Springfield. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Springfield. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Springfield. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Springfield during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Springfield, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Springfields list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Springfields sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Springfield, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Springfields rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Springfield (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Springfield whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Springfield whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Springfield that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Springfield that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Springfield where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Springfield whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Springfield whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Springfield that were sold in the past 12 months.
  • $126,000
  • 3.4%Y-o-Y
  • Calculated 08/19/2014*
  • *Includes data and transactions through 07/31/2014
 
 
 
 
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This data is not available for Springfield.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jul 2014
7221
0.2%
1.6%
3.4%
126000
272873
273003
1.1%
3.9%
1.5%
120500
154078
154418
-0.3%
0.1%
2.6%
143900
154455
-0.6%
-0.7%
3.5%
114200
154558
-0.2%
1.1%
3.1%
128800
154783
-0.1%
-1.0%
-0.3%
114300
154868
0.0%
0.3%
5.0%
114400
276436
276445
1.5%
5.9%
2.7%
114600
274495
274508
-1.0%
-2.4%
10.5%
80800
155281
0.8%
1.5%
7.8%
86000
155354
0.8%
4.1%
7.4%
108700
155607
-0.3%
-0.1%
1.8%
144900
155649
155852
0.3%
2.5%
6.7%
104100
 
Zillow Home Value IndexY-o-Y
Springfield$126,0003.4%
East Longmeadow$233,7002.6%
Chicopee$160,6004.5%
Longmeadow$318,7002.3%
Agawam$183,8001.5%
Town of Wilbraham$265,7003.7%
Mortgage Rates
 
Homes for Sale
  1. 31-33 Milford St, Springfield, MA Home For Sale
    31-33 Milford St, Springfield, MA 01107

     For Sale: $129,900

    • Beds: 6
    • Sqft: 2144
    • Baths: 2.0
    • Lot: 4791
  2. 135 Westminster St, Springfield, MA Home For Sale
    135 Westminster St, Springfield, MA 01109

     For Sale: $79,997

    • Beds: 6
    • Sqft: 2737
    • Baths: 2.0
    • Lot: 6534
  3. 62 Bay St, Springfield, MA Home For Sale
    62 Bay St, Springfield, MA 01109

     For Sale: $168,900

    • Beds: 4
    • Sqft: 3165
    • Baths: 3.0
    • Lot: 11761
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