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market report · 01118
Springfield, MA · 01118
24 active listings$329,900 median ask$2,573 est. rent0.8% price/rent
$329,900
Median list price
$2,573/mo
Estimated rent
0.8%
Price / rent ratio
24
Listings
FHFA home price index · 2016–2025
100% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.73
Median rent / sqft
23 comps
$217.81
Median sold / sqft
23 comps
—
Walkability
4.9%
Area unemployment
BLS LAUS
Median household income $80,250 · median home value $275,100 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 42).
37 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
48 Manor Ct, Springfield, MA 01118
Springfield, MA
$129,000$1,886/mo1.5%
12 Manor Ct, Springfield, MA 01118
Springfield, MA
$135,000$1,931/mo1.4%
282 Island Pond Rd, Springfield, MA 01118
Springfield, MA
$250,000$2,975/mo1.2%
58 Rockland St, Springfield, MA 01118
Springfield, MA
$280,000$3,052/mo1.1%
183 Winton St, Springfield, MA 01118
Springfield, MA
$259,900$2,597/mo1%
25 Amos Dr, Springfield, MA 01118
Springfield, MA
$289,000$2,661/mo0.9%