Springfield, MA 01118 Real Estate & Property Data

Springfield, MA 01118 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 254 residential properties have been sold over the past 12 months in 01118. With a median sales price of $282,500 in 01118 and a total of 1 foreclosures in Springfield, MA 01118. Discover market trends and get the granular level real estate data for Springfield, MA 01118 to keep your pulse on the housing market. Curate compelling home reports for Springfield, MA 01118 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Springfield, MA 01118 Real Estate Market Trends
Total Residential Properties 5,096
Total Commercial Properties 79
Avg. Home Age (Single Family Home) 69 Years
Avg. Square Feet (Single Family Home) 1,389
Total 2024 Residential Sales (year-to-date) 32
% of Homes Seriously Underwater (Q2 2024) 0.42%
Total 2023 Residential Sales 249
% of Equity Rich Homes (Q2 2024) 49.29%
Effective 2023 Property Tax 1.41%
Total Foreclosure Filings (year-to-date) 2
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Springfield, MA 01118 Real Estate Overview

There were 254 residential properties sold in the past year in Springfield, MA 01118. The median home value in Springfield, MA 01118 is $284,083. There are a total of 5,096 residential properties in the 01118.

Median Sales Price i
$282,500
(Feb 2024)
+8.5%
year-over-year
y-o-y
  • February '24 Feb '24 $282,500
  • January '24 Jan '24 $280,950
  • December '23 Dec '23 $280,000
  • November '23 Nov '23 $289,868
  • October '23 Oct '23 $275,000
  • September '23 Sep '23 $305,000
  • August '23 Aug '23 $290,750
  • July '23 Jul '23 $312,500
  • June '23 Jun '23 $280,000
  • May '23 May '23 $297,500
  • April '23 Apr '23 $255,000
  • March '23 Mar '23 $244,000
Median Down Payment i
$38,250
(Feb 2024)
+173.2%
year-over-year
y-o-y
  • February '24 Feb '24 $38,250
  • January '24 Jan '24 $16,333
  • December '23 Dec '23 $21,089
  • November '23 Nov '23 $16,800
  • October '23 Oct '23 $15,000
  • September '23 Sep '23 $17,850
  • August '23 Aug '23 $12,900
  • July '23 Jul '23 $6,449
  • June '23 Jun '23 $22,100
  • May '23 May '23 $35,769
  • April '23 Apr '23 $6,735
  • March '23 Mar '23 $5,384
Number of Homes Sold i
14
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 18
  • December '23 Dec '23 21
  • November '23 Nov '23 18
  • October '23 Oct '23 17
  • September '23 Sep '23 19
  • August '23 Aug '23 24
  • July '23 Jul '23 15
  • June '23 Jun '23 35
  • May '23 May '23 15
  • April '23 Apr '23 15
  • March '23 Mar '23 22
Number of Purchase Loans i
14
(Feb 2024)
-17.6%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 15
  • December '23 Dec '23 17
  • November '23 Nov '23 12
  • October '23 Oct '23 14
  • September '23 Sep '23 15
  • August '23 Aug '23 23
  • July '23 Jul '23 13
  • June '23 Jun '23 31
  • May '23 May '23 14
  • April '23 Apr '23 18
  • March '23 Mar '23 18
Number of REFI Loans i
24
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 21
  • December '23 Dec '23 14
  • November '23 Nov '23 23
  • October '23 Oct '23 28
  • September '23 Sep '23 21
  • August '23 Aug '23 18
  • July '23 Jul '23 20
  • June '23 Jun '23 18
  • May '23 May '23 17
  • April '23 Apr '23 18
  • March '23 Mar '23 18
Number of HELOC Loans i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 5
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 5
  • April '23 Apr '23 1
  • March '23 Mar '23 3

Springfield, MA 01118 Foreclosure Activity

There were a total of 1 Springfield, MA 01118 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 4
  • November '23 Nov '23 3
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 4
  • June '23 Jun '23 3
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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