How much is a home in 01109 worth?

The typical home value in 01109 is $282,723 as of 2026-08-01, up 4.8% over the past year. The median list price for active listings is $310,000.

How fast are homes selling in 01109?

Homes in 01109 are spending a median of 32 days on market as of 2026-08-01. There are 33 homes for sale, with 24 new listings.

Are sellers cutting prices in 01109?

Yes, 26.7% of listings in 01109 have taken a price cut as of 2026-08-01. That suggests some homes are listed above what buyers will pay.

Market Intelligence · MA / Springfield

Springfield, MA 01109 Housing Market

The typical home value in Springfield's 01109 ZIP code is $282,723, up 4.8% over the past year as of 2026-08-01. The median list price is $310,000, and homes are spending a median of 32 days on market.

Updated August 2026Median value$283K

The median home value in Springfield, MA 01109 is $283K as of August 2026, up 4.8% 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.

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 01109 range

$260K to $305K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 01109 market stats. Unsubscribe anytime.

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

12-month value trend

+4.8% over 12 months

Aug 2025$270K

Low $270KHigh $283K

Aug 2026$283K

The numbers

What is the 01109 housing market like?

As of August 2026

Typical home value

$283K

4.8%YoY

Median list price

$310K

4.7%MoM

Days on market

3.0%MoM

Homes for sale

32.0%MoM

Price cuts

26.7%

203.8%MoM

New listings

9.1%MoM

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

Free home value report

See what your 01109 home is worth.

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

The comparison

How do 01109 home prices compare?

01109$282,723
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

As of 2026-08-01, there are 33 homes for sale in 01109, with 24 new listings entering the market. The median list price stands at $310,000, while the typical home value is $282,723, a figure that has risen 4.8% over the past year. Homes are moving at a median of 32 days on market, so well-priced properties are not sitting long. Still, 26.7% of listings have taken a price cut, which shows some sellers are starting too high. For a seller, the practical read is that values are rising but buyers are pushing back on overpriced homes, so pricing accurately from the start matters.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $56,545

Term

Rate (%)

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading