Market Intelligence · MA / Springfield

Springfield, MA 01107 Housing Market

The typical home value in Springfield, MA 01107 is $318,771, up 5.1% over the past year as of 2026-08-01. The median list price is $374,950, and homes are moving at a median of 17 days on market.

Updated August 2026Median value$319K

The median home value in Springfield, MA 01107 is $319K as of August 2026, up 5.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 01107 range

$293K to $344K

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

+5.1% over 12 months

Typical home value in 01107 over the last 12 months: $303K in Aug 2025 to $319K in Aug 2026 (+5.1%).

Aug 2025$303K

Aug 2026$319K

The numbers

What is the 01107 housing market like?

Typical home value

$319K

Up5.1%YoY

Median list price

$375K

Up21.0%MoM

Days on market

17

Down78.7%MoM

Homes for sale

4

Up33.3%MoM

Price cuts

0.0%

New listings

0

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

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The comparison

How do 01107 home prices compare?

  • 01107$318,771
  • Springfield$311,477
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Springfield: 10 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

Values in 01107 have been rising, with the typical home value at $318,771 and a gain of 5.1% over the past year. Sellers are asking a median list price of $374,950, and homes are selling quickly at a median of 17 days on market. Inventory is thin, with 4 homes for sale and 0 new listings as of 2026-08-01. None of the active listings have taken a price cut, with the share at 0.0%. For a seller, the data points to a market where well-priced homes are finding buyers fast and sellers are not having to lower their asks.

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