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Springfield, MAPhoto: Quintin Soloviev · CC BY 4.0
Housing in Springfield

1,320 homes sold in Springfield in the last year, at a typical $314K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Springfield homes are listed.

Homes sold
1,320
June 2025 to May 2026
Typical sale price
$314K
houses $305K · condos $183K
Price per square foot
$198
Massachusetts $392
Paid vs. asking
101.5%
59% sold over asking
For sale now
195
May 2026 · 117 sold that month
What sold · last 12 months

3% of Springfield’s sales are condos, at $122K less than a house

880 houses and 42 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$305K

typical sale · 880 sold in 12 months

Per square foot
$226MA $368
Days to sell
27
Sold over asking
62%
Listings with a price cut
29%
Condos$183K

typical sale · 42 sold in 12 months

Per square foot
$198MA $562
Days to sell
40
Sold over asking
38%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 341 sold, typical $397K
Townhouses: 57 sold, typical $213K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

1,320 sales in the last year, against 1,864 in 2021 and a low of 1,065 in 2014. The typical sale went from $135K in 2016 to $314K.

Homes soldTypical sale price
047595014251900$100K$200K$300K$400K2012: 1157 sold, typical $100K’122013: 1132 sold, typical $114K2014: 1065 sold, typical $121K’142015: 1223 sold, typical $125K2016: 1448 sold, typical $135K’162017: 1590 sold, typical $146K2018: 1698 sold, typical $158K’182019: 1768 sold, typical $172K2020: 1712 sold, typical $198K’202021: 1864 sold, typical $235K2022: 1732 sold, typical $259K’222023: 1340 sold, typical $275K2024: 1269 sold, typical $300K’242025: 1326 sold, typical $308KLast 12 months: 1320 sold, typical $314KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Springfield

Houseat $226 a sq ft
Condoat $198 a sq ft
The same money in Massachusettsat $368 a sq ft

Is this asking price fair?

Check a listing against what Springfield homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Springfield are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Springfield’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,320 sales.

If you’re buying in Springfield

  • Shop in March. It brings about 157 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
  • You can negotiate. 26% of listings have cut their price, against 1% before the pandemic.
  • Bid near asking. Buyers paid 101.5% of the list price on average; 59% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 187 a month), but June is the most competitive: 56% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (43%). January has the least competition (42%).

New listings a monthShare sold over asking
047.595142.519020%40%60%Sweet spotJan: 121 new listings a month, 42% sold over asking, 70 days to sellJFeb: 121 new listings a month, 43% sold over asking, 78 days to sellFMar: 157 new listings a month, 43% sold over asking, 70 days to sellMApr: 171 new listings a month, 54% sold over asking, 57 days to sellAMay: 187 new listings a month, 53% sold over asking, 58 days to sellMJun: 183 new listings a month, 56% sold over asking, 50 days to sellJJul: 175 new listings a month, 53% sold over asking, 52 days to sellJAug: 180 new listings a month, 55% sold over asking, 51 days to sellASep: 168 new listings a month, 52% sold over asking, 56 days to sellSOct: 173 new listings a month, 51% sold over asking, 54 days to sellONov: 134 new listings a month, 52% sold over asking, 56 days to sellNDec: 92 new listings a month, 46% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Massachusetts

Springfield now2017–192021 peakMA now
Sold over askingShare of sales that closed above the list price59%39%69%45%
Gone within two weeksShare of homes under contract within 14 days46%0%48%49%
Listings with a price cutShare of homes for sale that cut their price26%1%18%25%
Price paid vs. askingAverage sale price ÷ list price101.5%99%103.8%100.4%
Days to sellMedian days from listing to contract28773227
Supply

221 homes for sale on a typical day

That’s 1.3 times the 2023 low (173), 63% fewer than in 2017–19 and well under 2012’s 804.

2012: 804 for sale’122013: 695 for sale2014: 737 for sale2015: 761 for sale’152016: 677 for sale2017: 611 for sale2018: 610 for sale’182019: 568 for sale2020: 504 for sale2021: 276 for sale’212022: 221 for sale2023: 173 for sale2024: 201 for sale’242025: 231 for saleLast 12 months: 221 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 1% in 2017–19 and 25% across Massachusetts. More sellers are pricing high and coming down.

2015: 0%’152016: 0%2018: 0%2019: 1%’192020: 0%2021: 18%2022: 22%’222023: 22%2024: 20%2025: 24%’25Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 78%, condos 80%

A house typically sold for $305K in the last year (880 sales), a condo for $183K (42).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $120K, 848 salesHouses 2014: $124K, 810 salesHouses 2015: $129K, 954 salesHouses 2016: $137K, 1142 salesHouses 2017: $148K, 1233 salesHouses 2018: $161K, 1281 salesHouses 2019: $171K, 1304 salesHouses 2020: $198K, 1278 salesHouses 2021: $233K, 1302 salesHouses 2022: $253K, 1160 salesHouses 2023: $268K, 934 salesHouses 2024: $289K, 880 salesHouses 2025: $299K, 880 salesHouses last 12 months: $305K, 880 salesHouses $305KCondos 2013: $88K, 49 salesCondos 2014: $83K, 42 salesCondos 2015: $102K, 43 salesCondos 2016: $88K, 39 salesCondos 2017: $103K, 48 salesCondos 2018: $106K, 51 salesCondos 2019: $102K, 59 salesCondos 2020: $122K, 50 salesCondos 2021: $155K, 48 salesCondos 2022: $139K, 76 salesCondos 2023: $152K, 52 salesCondos 2024: $181K, 29 salesCondos 2025: $194K, 56 salesCondos last 12 months: $183K, 42 salesCondos $183K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Massachusetts

Springfield ranks 20th of 206 busy Massachusetts markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Springfield is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Springfield home costs about $2,033 a month

Mortgage
Property tax
Insurance
Rent

Price: Springfield’s typical sale, last 12 months. Property tax at Springfield’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Springfield is affordable on local pay is on Cost of living.

Before you buy in Springfield

Six things worth knowing

187

New listings in May

The month with the most choice. December has the fewest, about 92.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $314K home, about $4,730 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Springfield, from test results, graduation and how much students grow.

Schools in Springfield
20 min

Typical commute

The average one-way trip to work for people who live in Springfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Longmeadow and Wilbraham for far more

The busier markets within 25 miles of Springfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Springfield1,320$314K$19859%28
Chicopee453$311K$23557%23
Agawam Town280$359K$24057%23
West Springfield Town222$352K$23962%24
Longmeadow180$539K$25368%20
Wilbraham68$522K$26550%32
Ludlow59$377K$24651%28

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Springfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Springfield. People who follow the town see it, and so do people comparing Springfield with their own town. No commission, no listing fee.

Questions about buying a home in Springfield

What do homes sell for in Springfield, MA?

1,320 homes sold in the year to May 2026 at a typical $314K, $198 a square foot. Houses sold for about $305K, condos for about $183K.

Is Springfield a buyer’s or seller’s market?

A seller’s market: 195 homes were for sale in May 2026 and 117 sold, about 1.7 months of supply. Buyers paid 101.5% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Springfield?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Springfield?

About 1.5% of a home’s value a year. On a $314K home that’s near $4,730.

Where can I see homes for sale in Springfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Springfield’s MLS listings; the search links above open each one filtered to Springfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).