Market Intelligence · MA / Springfield

Springfield, MA 01107 Housing Market

The typical home value in Springfield's 01107 ZIP code is $320,568, up 4.6% over the past year. The median list price is $310,000, and homes are taking a median of 51 days on market as of June 2026.

Updated June 2026Median value$321K

The median home value in Springfield, MA 01107 is $321K as of June 2026, up 4.6% 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.

Get a cash offer

Sell without the wait

Sell your Springfield home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 01107 range

$295K to $346K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 01107 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Springfield, MA.

12-month value trend

+4.6% over 12 months

Typical home value in 01107 over the last 12 months: $307K in Jun 2025 to $321K in Jun 2026 (+4.6%).

Jun 2025$307K

Jun 2026$321K

The numbers

What is the 01107 housing market like?

Typical home value

$321K

Up4.6%YoY

Median list price

$310K

Days on market

51

Up64.5%MoM

Homes for sale

3

Price cuts

18.2%

New listings

2

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

Free home value report

See what your 01107 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 01107 home prices compare?

  • 01107$320,568
  • Springfield$314,491
  • Massachusetts$624,940
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Springfield: 10 ZIPs; Massachusetts: 484 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 3 homes for sale in 01107, with 2 new listings added recently. The median list price sits at $310,000, and the typical home value is $320,568, up 4.6% over the past year. Homes are spending a median of 51 days on market, and 18.2% of listings have had a price cut. With inventory this thin, sellers face limited competition, but the price cuts suggest some listings still need to be priced carefully to move.

Monthly payment

Estimate your monthly payment.

20% · $64,114

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.