Is Springfield, MA 01104 a buyer’s or seller’s market?
Springfield is a seller’s market. With about 1.7 months of supply and 57% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score88/ 100
More competitive than 93% of U.S. ZIP codes, and #106 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.7Under 4 months = seller’s market
Sold above original list56.6%Share of sales, last 3 months
Median sale-to-list103.2%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$237▲ +22.3% vs. last year
Run the numbers for 01104
Nearby markets
Agawam 01001Seller’s market $249 /sq ftBlandford 01008Seller’s market $257 /sq ftBondsville 01009Buyer’s market $218 /sq ftBrimfield 01010Balanced $247 /sq ft Browse all markets →More tools for 01104
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology