The story of this market
The typical home in ZIP 01107 sells for about $320,000, or $216 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $944 a month.
ZIP 01107 — Springfield
The housing market in 01107 is characterized by a high concentration of multi-family properties and a lower median household income compared to the broader Springfield metro area. Market activity remains competitive with limited inventory, though specific ZIP-level metrics are largely derived from broader city-wide trends due to limited granular reporting.
Median prices moved up 3.2% year over year.
Homes spend a median of 23 days on market with 2.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.0% · poverty 37.2% — elevated distress and economic pressure.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01107, Springfield, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- Six Flags New England4.25.4 mi
- Sonny's Place4.511.4 mi
- Spare Time Windsor Locks4.413.5 mi
- Round1 Bowling & Arcade - Holyoke4.14 mi
- Funcity Trampoline and Adventure Park4.12.1 mi
- Six Flags New England4.25.4 mi
- The Big E4.51.7 mi
- Eastern States Exposition4.51.7 mi
- Mullins Center4.619.3 mi
- Golden Corral Buffet & Grill4.15.9 mi
- Six Flags New England4.25.4 mi
- Naismith Basketball Hall of Fame4.51.9 mi
- Eastern States Exposition4.51.7 mi
- Cinemark West Springfield 15 and XD4.51.4 mi
- Sonny's Place4.511.4 mi
- Amherst College4.318.2 mi
- Naismith Basketball Hall of Fame4.51.9 mi
- Springfield Armory National Historic Site4.81.4 mi
- New England Air Museum4.812.4 mi
- Springfield Museums4.71.3 mi
- Stanley Park4.89.4 mi
- Ashley Reservoir4.94.8 mi
- Bright Nights at Forest Park4.43 mi
- Skinner State Park4.812.8 mi
- Nonotuck Park4.610 mi
- Oxbow Marina4.412.2 mi
- Brunelle's Marina4.410.1 mi
- The Ranch Golf Club4.58.9 mi
- GREATHORSE4.89.5 mi
- Ledges Golf Club4.28.7 mi
- Twin Hills Country Club4.66.3 mi
- Veterans Memorial Golf Course4.55.3 mi
- Holyoke Mall4.34 mi
- Burlington4.35.6 mi
- Marshalls & HomeGoods4.44.4 mi
- Kohl's4.21.2 mi
- Randall's Farm4.78.2 mi
- Bradley International Airport4.412.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.