Springfield, MA 01118 Real Estate & Property Data

Springfield, MA 01118 Real Estate Market Trends
Last Updated: September 20, 2025

A total of 254 residential properties have been sold over the past 12 months in 01118. With a median sales price of $300,000 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 5,104
Total Commercial Properties 77
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,393
Total 2025 Residential Sales (year-to-date) 124
% of Homes Seriously Underwater (Q3 2025) 0.4%
Total 2024 Residential Sales 224
% of Equity Rich Homes (Q3 2025) 52.74%
Effective 2024 Property Tax 1.33%
Total Foreclosure Filings (year-to-date) 21
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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 $319,648. There are a total of 5,104 residential properties in the 01118.

Median Sales Price i
$300,000
(Jul 2025)
-5.7%
year-over-year
y-o-y
  • July '25 Jul '25 $300,000
  • June '25 Jun '25 $335,750
  • May '25 May '25 $325,000
  • April '25 Apr '25 $314,000
  • March '25 Mar '25 $317,500
  • February '25 Feb '25 $325,000
  • January '25 Jan '25 $280,000
  • December '24 Dec '24 $297,500
  • November '24 Nov '24 $315,000
  • October '24 Oct '24 $327,000
  • September '24 Sep '24 $325,000
  • August '24 Aug '24 $311,000
Median Down Payment i
$29,290
(Jul 2025)
-40.8%
year-over-year
y-o-y
  • July '25 Jul '25 $29,290
  • June '25 Jun '25 $10,125
  • May '25 May '25 $22,006
  • April '25 Apr '25 $85,000
  • March '25 Mar '25 $65,000
  • February '25 Feb '25 $131,450
  • January '25 Jan '25 $19,250
  • December '24 Dec '24 $13,000
  • November '24 Nov '24 $26,250
  • October '24 Oct '24 $21,500
  • September '24 Sep '24 $16,175
  • August '24 Aug '24 $18,800
Number of Homes Sold i
16
(Jul 2025)
-46.7%
year-over-year
y-o-y
  • July '25 Jul '25 16
  • June '25 Jun '25 27
  • May '25 May '25 24
  • April '25 Apr '25 16
  • March '25 Mar '25 14
  • February '25 Feb '25 6
  • January '25 Jan '25 21
  • December '24 Dec '24 21
  • November '24 Nov '24 23
  • October '24 Oct '24 18
  • September '24 Sep '24 19
  • August '24 Aug '24 19
Number of Purchase Loans i
13
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 13
  • June '25 Jun '25 17
  • May '25 May '25 19
  • April '25 Apr '25 12
  • March '25 Mar '25 13
  • February '25 Feb '25 6
  • January '25 Jan '25 17
  • December '24 Dec '24 18
  • November '24 Nov '24 20
  • October '24 Oct '24 17
  • September '24 Sep '24 16
  • August '24 Aug '24 17
Number of REFI Loans i
30
(Jul 2025)
+76.5%
year-over-year
y-o-y
  • July '25 Jul '25 30
  • June '25 Jun '25 24
  • May '25 May '25 21
  • April '25 Apr '25 26
  • March '25 Mar '25 18
  • February '25 Feb '25 13
  • January '25 Jan '25 15
  • December '24 Dec '24 21
  • November '24 Nov '24 23
  • October '24 Oct '24 28
  • September '24 Sep '24 23
  • August '24 Aug '24 18
Number of HELOC Loans i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 2
  • March '25 Mar '25 2
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 2
  • November '24 Nov '24 4
  • October '24 Oct '24 1
  • September '24 Sep '24 3
  • August '24 Aug '24 5

Springfield, MA 01118 Foreclosure Activity

There were a total of 1 Springfield, MA 01118 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i
1
(Jul 2025)
-75%
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 2
  • May '25 May '25 9
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 3
  • January '25 Jan '25 1
  • December '24 Dec '24 4
  • November '24 Nov '24 3
  • October '24 Oct '24 5
  • September '24 Sep '24 1
  • August '24 Aug '24 4
Foreclosure Starts i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 1
  • May '25 May '25 4
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 3
  • November '24 Nov '24 2
  • October '24 Oct '24 4
  • September '24 Sep '24 1
  • August '24 Aug '24 3
Completed Foreclosures (REOs) i
  • July '25 Jul '25 N/A
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
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