Springfield, MA metro area Housing Market Brief
metro · MA · as of August 2026
What is Springfield, MA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Springfield, MA metro area in its market cycle?
Springfield, MA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Springfield, MA metro area?
Our model forecasts Springfield, MA metro area’s home prices to rise about 2.2% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Springfield, MA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $379K | ▼ -2.2% |
| Median Days on Market | 37 days | ▲ +27.6% |
| Months of Supply | 2.0 | ▲ +17.7% |
| Homes for Sale | 1,282 | ▲ +20.9% |
| Homes Sold | 667 | ▲ +5.4% |
| Median Price / Sq Ft | $251 | ▲ +6.9% |
How has Springfield, MA metro area’s Alpha Score moved?
Markets like Springfield, MA metro area
- Augusta, ME metro area, MEmetro43
- Traverse City, MI metro area, MImetro40
- Lebanon, NH metro area, NHmetro38
- New Bern, NC metro area, NCmetro45
- Rapid City, SD metro area, SDmetro49
- Frederick, MD metro area, MDmetro46
- Lexington, KY metro area, KYmetro46
- Manchester, NH metro area, NHmetro49
- Ann Arbor, MI metro area, MImetro42
- Poughkeepsie, NY metro area, NYmetro44
Frequently asked questions
Is Springfield, MA metro area a buyer's or seller's market?
As of August 2026, Springfield, MA metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Springfield, MA metro area?
The median sale price in Springfield, MA metro area is $379K, having fallen 2.2% over the past year.
How affordable is Springfield, MA metro area?
Springfield, MA metro area scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Springfield, MA metro area's Alpha Score?
Springfield, MA metro area's strongest dimension is Price Momentum (68/100) and its weakest is Affordability (24/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Springfield, MA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.