The story of this market
The typical home in ZIP 01129 sells for about $329,000, or $216 per square foot.
Prices are up +4% 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 $1,358 a month.
ZIP 01129 — Springfield
The 01129 housing market in Springfield, MA, presents a stable environment for investors with a median home value of approximately $329,000 and median rents around $1,719. Market activity remains measured, with consistent demand and reliable occupancy rates driving the local real estate landscape.
This ZIP is suitable for buy-and-hold investors seeking cash-flow rentals with hands-on management, as well as residents looking for a reasonable entry point into the Springfield market.
Median prices moved up 4.0% year over year.
Homes spend a median of 23 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 7.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01129, Hampden County, 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.
The rental market in 01129 shows reliable occupancy with elevated vacancy rates, and well-priced units lease on reasonable timelines.
The local economy is anchored by the broader Springfield market, which features a mix of industries and major employers.
Data sourced from Census.gov via Data Commons
- Six Flags New England4.28.2 mi
- Sonny's Place4.59 mi
- Spare Time Windsor Locks4.415.9 mi
- Round1 Bowling & Arcade - Holyoke4.18.5 mi
- Spare Time Vernon4.518.9 mi
- Six Flags New England4.28.2 mi
- The Big E4.56.6 mi
- Eastern States Exposition4.56.7 mi
- Mullins Center4.619.1 mi
- Golden Corral Buffet & Grill4.12 mi
- Six Flags New England4.28.2 mi
- Naismith Basketball Hall of Fame4.55 mi
- Eastern States Exposition4.56.7 mi
- Cinemark West Springfield 15 and XD4.57.1 mi
- Sonny's Place4.59 mi
- Amherst College4.317.8 mi
- Naismith Basketball Hall of Fame4.55 mi
- Springfield Armory National Historic Site4.84.7 mi
- New England Air Museum4.815.5 mi
- Springfield Museums4.74.9 mi
- Ashley Reservoir4.99.3 mi
- Bright Nights at Forest Park4.44.3 mi
- Chicopee Memorial State Park4.44.9 mi
- Windsor Locks Canal State Park Trail4.610.6 mi
- Mount Tom State Reservation4.812.6 mi
- Oxbow Marina4.414.1 mi
- Brunelle's Marina4.411.7 mi
- GREATHORSE4.84.5 mi
- Ledges Golf Club4.210.6 mi
- Twin Hills Country Club4.65.6 mi
- Cold Spring Country Club4.39.6 mi
- Veterans Memorial Golf Course4.51.1 mi
- Holyoke Mall4.38.5 mi
- Burlington4.31.5 mi
- Marshalls & HomeGoods4.45.9 mi
- Kohl's4.26.8 mi
- Randall's Farm4.74.6 mi
- Bradley International Airport4.415.7 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.