Market Intelligence · MA / Springfield

Springfield, MA 01108 Housing Market

The typical home value in Springfield's 01108 ZIP code is $310,226, up 3.6% over the past year. The median list price sits at $327,425, and homes are taking a median of 44 days on market as of June 2026.

Updated June 2026Median value$310K

The median home value in Springfield, MA 01108 is $310K as of June 2026, up 3.6% 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.

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Typical 01108 range

$285K to $335K

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

+3.6% over 12 months

Typical home value in 01108 over the last 12 months: $300K in Jun 2025 to $310K in Jun 2026 (+3.6%).

Jun 2025$300K

Jun 2026$310K

The numbers

What is the 01108 housing market like?

Typical home value

$310K

Up3.6%YoY

Median list price

$327K

Days on market

44

Up69.2%MoM

Homes for sale

33

Price cuts

17.2%

New listings

24

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

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The comparison

How do 01108 home prices compare?

  • 01108$310,226
  • 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 1, 2026, there are 33 homes for sale in 01108, with 24 new listings recently added. The median list price is $327,425, while the typical home value is $310,226, up 3.6% over the past year. Homes are sitting a median of 44 days on market, and 17.2% of listings have had a price cut. For sellers, the numbers point to a market where values are still rising but buyers have some room to negotiate, so pricing carefully matters.

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