Is Springfield, MA 01107 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Springfield is a seller’s market. With about 2.6 months of supply and 73% 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.

Months of supply2.6Under 4 months = seller’s market

Sold above original list72.7%Share of sales, last 3 months

Median sale-to-list104.2%Sold price ÷ list price

Median days on market21Listing to accepted offer

Median price per sq ft$187▲ +18.8% vs. last year

Run the numbers for 01107

Prefilled for 01107Can I win this house?Multiple-offer likelihood for a listing Prefilled for 01107Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Agawam 01001Seller’s market $249 /sq ft Blandford 01008Seller’s market $257 /sq ft Bondsville 01009Buyer’s market $218 /sq ft Brimfield 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