Home ValuePros

Market Intelligence · MA / Springfield

Springfield, MA 01129 Housing Market

The typical home in Springfield's 01129 ZIP code is valued at $324,904, up 3.8% over the past year. Sellers are listing at a median price of $329,450, and homes spend a median of 60 days on the market.

Updated August 2026Median value$325K

The median home value in Springfield, MA 01129 is $325K as of August 2026, up 3.8% 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.

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Typical 01129 range

$299K to $351K

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

+3.8% over 12 months

Typical home value in 01129 over the last 12 months: $313K in Aug 2025 to $325K in Aug 2026 (+3.8%).

Aug 2025$313K

Aug 2026$325K

The numbers

What is the 01129 housing market like?

Typical home value

$325K

Up3.8%YoY

Median list price

$329K

Down8.4%MoM

Days on market

60

Up62.2%MoM

Homes for sale

11

Down15.4%MoM

Price cuts

15.4%

Down34.8%MoM

New listings

8

Up100.0%MoM

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

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The comparison

How do 01129 home prices compare?

  • 01129$324,904
  • 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 11 homes for sale in 01129, with 8 new listings coming on. The median list price sits at $329,450, close to the typical home value of $324,904, which has risen 3.8% over the past year. Homes take a median of 60 days to sell, so buyers have time to weigh options. About 15.4% of listings have taken a price cut. For a seller, this is a market where pricing right from the start matters more than testing the high end.

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20% · $64,981

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