Market Intelligence · MA / Springfield

Springfield, MA 01105 Housing Market

The typical home in Springfield's 01105 ZIP code is valued at $262,716, up 4.4% over the past year. The median list price stands at $234,950, with homes taking 78 days on market as of September 2026.

Updated September 2026Median value$263K

The median home value in Springfield, MA 01105 is $263K as of September 2026, up 4.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 01105 range

$242K to $284K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.4% over 12 months

Sep 2025$252K

Low $252KHigh $263K

Sep 2026$263K

The numbers

What is the 01105 housing market like?

As of September 2026

Typical home value

$263K

4.4%YoY

Median list price

$235K

20.9%MoM

Days on market

44.4%MoM

Homes for sale

0.0%MoM

Price cuts

44.4%

100.0%MoM

New listings

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

01105 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 01105 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 01105 rose 4.4%, per the Zillow Home Value Index.

Will home prices drop in 01105?

Zillow's forecast does not call for a drop: it expects typical home values in 01105 to rise 2.8% by September 2027, after a 4.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 01105 home prices compare?

01105$262,716
Springfield$307,665
Massachusetts$609,700
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Springfield: 10 ZIPs; Massachusetts: 484 ZIPs; United States: 26,262 ZIPs).

Context

Eight homes are currently for sale in 01105, a small selection that reflects a tight market. The median list price of $234,950 sits noticeably below the typical home value of $262,716, suggesting sellers are pricing strategically. At 78 days on market, homes are taking time to find buyers. Nearly half of all listings, 44.4%, have seen price cuts. For sellers considering a move, this slower pace and prevalence of price adjustments warrant careful timing and realistic expectations.

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Down payment20% · $52,543

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Common questions

What people ask us.

What is the typical home value in 01105?

The typical home value in Springfield's 01105 ZIP code is $262,716, up 4.4% over the past year as of September 2026.

How many homes are currently for sale in 01105?

As of September 2026, there are 8 homes for sale in the 01105 area.

How long do homes typically stay on the market in 01105?

The median days on market is 78 as of September 2026.

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