Housing market · ZIP 01118

Springfield, MA Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$320,111

3-month+1.2%

6-month+2.9%

12-month+3.7%

Touse 12-month forecast

+3.8%

Projected median near $332,248 over the next 12 months

As of April 2026, the median home value in Springfield, MA (ZIP 01118) is $320,111. Prices are stable, up 3.7% over the past year. Touse's model projects a +3.8% change over the next 12 months, putting the median near $332,248.

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Nearby areas in Hampden

Agawam 01001 Blandford 01008 Bondsville 01009 Brimfield 01010 Chester 01011 Chicopee 01013 Chicopee 01014 Chicopee 01020

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.