Is Springfield, MA 01105 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Springfield is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market
Sold above original list38.4%Share of sales, last 3 months
Median sale-to-list102.3%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$136▼ −3.4% vs. last year

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 →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology