Springfield, MA 01118 Real Estate & Property Data

Springfield, MA 01118 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 258 residential properties have been sold over the past 12 months in 01118. With a median sales price of $335,750 in 01118 and a total of 2 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) 108
% of Homes Seriously Underwater (Q3 2025) 0.44%
Total 2024 Residential Sales 224
% of Equity Rich Homes (Q3 2025) 52.1%
Effective 2024 Property Tax 1.35%
Total Foreclosure Filings (year-to-date) 20
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Springfield, MA 01118 Real Estate Overview

There were 258 residential properties sold in the past year in Springfield, MA 01118. The median home value in Springfield, MA 01118 is $315,078. There are a total of 5,104 residential properties in the 01118.

Median Sales Price i
$335,750
(Jun 2025)
+11.9%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 $318,250
Median Down Payment i
$10,125
(Jun 2025)
-32.5%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 $49,500
Number of Homes Sold i
27
(Jun 2025)
+35%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 30
Number of Purchase Loans i
17
(Jun 2025)
-15%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 26
Number of REFI Loans i
24
(Jun 2025)
+100%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 17
Number of HELOC Loans i
  • 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
  • July '24 Jul '24 2

Springfield, MA 01118 Foreclosure Activity

There were a total of 2 Springfield, MA 01118 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 1 Springfield, MA 01118 properties and repossessed 1 Springfield, MA 01118 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
-33.3%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 4
Foreclosure Starts i
1
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • 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
  • July '24 Jul '24 2
Completed Foreclosures (REOs) i
1
(Jun 2025)
  • 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
  • July '24 Jul '24 N/A
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