> ## Content Index > Fetch the complete content index at: https://josetijam.com/llms.txt > Use this file to discover other available public pages before exploring further. # Springfield MA Housing Market: Prices, Inventory and Competition - URL: https://josetijam.com/springfield-ma-housing-market/ - Published: 2026-10-13T05:45:14.000Z - Updated: 2026-10-13T13:49:11.000Z - Description: Springfield's reported average sale price was about $330,000 in a recent month, and one listing site ranks its market as very competitive. The numbers differ by source, so this guide explains what each one measures. - Author: Housing Ledger Editorial - Tags: Springfield MA, housing market, home prices, inventory, #gce-b1b52b21 The Springfield MA housing market is more expensive than a year ago, and Redfin rates it very competitive. [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com) Redfin reports an average Springfield house price of $330K last month, up 6.5% over a year earlier. [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com) That average is a useful starting point for your budget. For a closer look, read [Allen TX Housing Market: Prices, Inventory and Rents Explained](https://josetijam.com/allen-tx-housing-market/). Redfin also scores the market 87 out of 100 for competitiveness, a high score that means you will likely compete with other buyers for the same homes. [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com) Keep that in mind when you decide how fast to move on a house you like. Figures differ by source and date, so check the period behind each one before you compare them. This article covers prices, listings and competition, and explains what each measure means for you. ## How much do homes cost in Springfield? Springfield's home prices depend on which measure you read. Redfin's average sale price for Springfield was $330K last month. [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com) For a closer look at the middle of the market, use the median. Realtor.com shows a median listing price of $329,900 for homes currently for sale. [\[2\]](https://www.realtor.com/realestateandhomes-search/Springfield%5FMA?ref=josetijam.com) This is an asking price, not a sale price, so it shows what sellers want today rather than what buyers have paid. Home value estimates give a lower picture. U.S. News reports a median home value of $260,032 in Springfield, compared with a national average home value of $359,870\. [\[3\]](https://realestate.usnews.com/places/massachusetts/springfield?ref=josetijam.com) That gap means a typical Springfield home is valued well below the national average, which can give a buyer more room in the budget than the headline sale price suggests. ### How to use these numbers If you are setting a budget, start with the median sale-style figures rather than the highest average. Look at both before you decide what range to search in. When you compare a listing price with an average, remember that the listing is only the seller's starting number. ![Red brick colonial house with green lawn and driveway on a quiet residential street in afternoon light.](https://tse1.mm.bing.net/th?q=red%20brick%20colonial%20house%20with%20green%20lawn%20and%20driveway&w=800&h=450&rs=1&c=4) ## How many homes are for sale in Springfield? Realtor.com lists 481 homes for sale in Springfield, MA [\[2\]](https://www.realtor.com/realestateandhomes-search/Springfield%5FMA?ref=josetijam.com). Zillow lists 325 homes for sale in the same city [\[4\]](https://www.zillow.com/springfield-ma/?ref=josetijam.com). Both numbers are snapshots of one site on one day, not fixed totals, so the gap between them is expected. ### Why the two counts differ Each site builds its count from its own listing feed. A home that has reached one feed may not yet appear in the other, so the two lists rarely match exactly. The day the count was taken matters too. Listings are added and sold constantly, so a number pulled on Monday can differ from one pulled the following week. ### A worked example Say you see 481 on Realtor.com and 325 on Zillow on the same afternoon. The 156-home gap reflects what each site has collected, not 156 homes that disappeared from the market. ### How to read each number Treat each count as a picture of one site on one day. Write the site and the date beside it so you compare like with like. If you check the same site a week apart, the change between the two counts tells you more than either total on its own. A count that moves from 481 to 470 shows movement; a single number shows only a moment. ### Narrow the list to what fits you Zillow's page lets you view listing photos, review sales history, and use its real estate filters [\[4\]](https://www.zillow.com/springfield-ma/?ref=josetijam.com). Filters matter more than the raw total. A count of 325 or 481 tells you how many homes are listed, not how many fit your budget, your commute, or the neighborhoods you want. Use both numbers as a range rather than a single answer. Run the same search with the filters set to your price range and property type on each site, then compare the results you actually get. ![White single-family house with a for-sale sign staked in the front lawn beside a paved driveway.](https://tse1.mm.bing.net/th?q=house%20with%20a%20for-sale%20sign%20in%20front%20yard&w=800&h=450&rs=1&c=4) ## Is it a good time for sellers or a hard market for buyers? Springfield is a competitive market right now, and that favors sellers more than buyers. Redfin rates the Springfield, MA housing market as very competitive, with a score of 87 out of 100 [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com). For you, a score this high means well-priced listings can draw several offers, so you should expect more competition when you make an offer. Learn more in [Lowell, MA Housing Market: Prices, Competition and Rents](https://josetijam.com/lowell-ma-housing-market/). Realtor.com ranked Springfield first among local markets in an October 13, 2025 report, with demand that had grown stronger [\[5\]](https://www.westernmassnews.com/2025/10/13/springfield-tops-housing-market-multiple-months-row/?ref=josetijam.com). The Hartford area placed second in the same ranking [\[5\]](https://www.westernmassnews.com/2025/10/13/springfield-tops-housing-market-multiple-months-row/?ref=josetijam.com). That combination of strong demand and rising prices is why the market looks so tight to buyers [\[5\]](https://www.westernmassnews.com/2025/10/13/springfield-tops-housing-market-multiple-months-row/?ref=josetijam.com). ### What this means for each side If you are selling, strong demand gives you reason to expect buyers to show up quickly. A home priced close to what similar homes have sold for is more likely to draw offers than one priced well above the market. If you are buying, competition means you may lose out on homes you want. Lining up your budget and financing before you tour homes lets you act quickly when a good listing appears. ### Why the past is not a promise Strong demand and rising prices describe the past, not a guarantee of future value. Prices can also fall after a period of growth, so a rise in value is never certain. Treat the ranking as one input alongside current sale prices, the number of homes for sale, and your own budget. Your situation matters more than any city ranking when you decide whether to buy or sell. ## What do these housing numbers actually measure? Averages and medians can give different answers for the same city, and a list price is not the same as a sale price. Knowing which measure a site uses tells you what its number actually means. ### Average versus median An average adds up every sale and divides by the number of sales. A few very expensive homes can pull it well above what a typical buyer pays. A median is the middle value, with half the sales above it and half below it. When a site gives only one figure, ask which of these two it is. ### List price and sale price A list price is the amount the seller asks for. A sale price is what the buyer agrees to pay after negotiation, so it is usually the number that matters when you want to know what homes actually cost. Realtor.com's figure is a median listing price, and the site says it covers homes for sale right now [\[2\]](https://www.realtor.com/realestateandhomes-search/Springfield%5FMA?ref=josetijam.com). It shows what sellers are asking today, not what buyers paid. A sale-based figure, such as Redfin's average house price, reflects homes that have already closed. ### Dates and scope Every figure covers a specific period and area. Redfin's average Springfield house price covers last month [\[1\]](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com), so a number you read next week may already describe an older period. Write down the month before you compare it with anything else. Scope matters too. Check whether a figure covers the whole city, a single ZIP code or a wider metro area, and whether it counts sales or active listings. Two sites can publish different numbers for the same city on the same day because they use different data and definitions. Compare only figures that share the same measure, period and area. ## Where should you check current Springfield housing data next? Your next step is to compare Springfield's average price, median price and inventory across at least two sites, such as Redfin, Realtor.com, Zillow and U.S. News. Each site collects its data on its own schedule, so a single source can give you a skewed picture. Put the figures in a simple table with one row per site so the differences are easy to see. Write the date beside every figure before you compare them. These snapshots change often, so a number from last month is not the same measure as one from this week. For taxes, fees and local rules, skip the listing portals and go to the official City of Springfield and Massachusetts state government websites before you make a decision. ## Sources 1. [Springfield, MA Housing Market](https://www.redfin.com/city/17155/MA/Springfield/housing-market?ref=josetijam.com) 2. [Springfield, MA Homes for Sale & Real Estate](https://www.realtor.com/realestateandhomes-search/Springfield%5FMA?ref=josetijam.com) 3. [Living in Springfield, MA - U.S. News Real Estate](https://realestate.usnews.com/places/massachusetts/springfield?ref=josetijam.com) 4. [Springfield MA Real Estate & Homes For Sale](https://www.zillow.com/springfield-ma/?ref=josetijam.com) 5. [Western Massachusetts city tops housing market for ...](https://www.westernmassnews.com/2025/10/13/springfield-tops-housing-market-multiple-months-row/?ref=josetijam.com)