01118 (Springfield) housing market
September 2026 · All Residences
01118 (Springfield)'s median sale price rose 7.9% compared with the same month last year. Homes sold more slowly than a year ago, at a median of 25 days on market. Sellers received a median 101.2% of their final list price.
What this means for sellers
Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.
What this means for buyers
There is a reasonable selection of homes, giving time to compare options before making an offer.
Key figures
Closed sales: 18 this month · 69 last 3 months · 205 trailing 12 months
Median days on market
25 days
Prior month: 25 days · MoM 0%
Last year: 21 days · YoY +19%
Average days on market
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Cumulative days on market
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Closed sales (month)
18
Prior month: 22 · MoM -18.2%
Last year: 14 · YoY +28.6%
Median sale price
$350,000
Prior month: $323,500 · MoM +8.2%
Last year: $324,250 · YoY +7.9%
Average sale price
$343,883
Prior month: $335,000 · MoM +2.7%
Last year: $325,279 · YoY +5.7%
Median price per sq ft
$219
Prior month: $250 · MoM -12.4%
Last year: $252 · YoY -13.1%
New listings
25
Prior month: 18 · MoM +38.9%
Last year: 20 · YoY +25%
Active inventory
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Pending sales
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Months of supply
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Absorption rate
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Sale-to-list ratio
101.2%
Prior month: 102.8% · MoM -1.6%
Last year: 103% · YoY -1.7%
Sold over asking
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With price reductions
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Trends
Median sale price moved from $327,000 in October 2024 to $350,000 in September 2026.
View as table
| Month | Median price |
|---|---|
| October 2024 | $327,000 |
| November 2024 | $332,500 |
| December 2024 | $300,000 |
| January 2025 | $302,450 |
| February 2025 | — |
| March 2025 | — |
| April 2025 | $328,000 |
| May 2025 | $320,000 |
| June 2025 | $335,000 |
| July 2025 | $322,190 |
| August 2025 | $320,000 |
| September 2025 | $324,250 |
| October 2025 | $312,100 |
| November 2025 | $325,000 |
| December 2025 | $307,000 |
| January 2026 | $300,000 |
| February 2026 | $299,900 |
| March 2026 | $315,000 |
| April 2026 | $335,000 |
| May 2026 | — |
| June 2026 | $333,500 |
| July 2026 | $306,000 |
| August 2026 | $323,500 |
| September 2026 | $350,000 |
In September 2026: 18 closed sales and 25 new listings.
View as table
| Month | Closed sales | New listings |
|---|---|---|
| October 2024 | 14 | 30 |
| November 2024 | 17 | 16 |
| December 2024 | 16 | 6 |
| January 2025 | 16 | 7 |
| February 2025 | 5 | 13 |
| March 2025 | 9 | 19 |
| April 2025 | 12 | 19 |
| May 2025 | 17 | 24 |
| June 2025 | 21 | 14 |
| July 2025 | 15 | 19 |
| August 2025 | 15 | 20 |
| September 2025 | 14 | 20 |
| October 2025 | 14 | 30 |
| November 2025 | 18 | 21 |
| December 2025 | 26 | 8 |
| January 2026 | 12 | 13 |
| February 2026 | 11 | 11 |
| March 2026 | 16 | 16 |
| April 2026 | 12 | 23 |
| May 2026 | 9 | 21 |
| June 2026 | 18 | 30 |
| July 2026 | 29 | 17 |
| August 2026 | 22 | 18 |
| September 2026 | 18 | 25 |
Days on market moved from 35 in October 2024 to 25 in September 2026.
View as table
| Month | Median days |
|---|---|
| October 2024 | 35 |
| November 2024 | 24 |
| December 2024 | 30 |
| January 2025 | 23 |
| February 2025 | — |
| March 2025 | — |
| April 2025 | 20 |
| May 2025 | 19 |
| June 2025 | 19 |
| July 2025 | 21 |
| August 2025 | 15 |
| September 2025 | 21 |
| October 2025 | 22 |
| November 2025 | 34 |
| December 2025 | 25 |
| January 2026 | 46 |
| February 2026 | 30 |
| March 2026 | 32 |
| April 2026 | 30 |
| May 2026 | — |
| June 2026 | 19 |
| July 2026 | 19 |
| August 2026 | 25 |
| September 2026 | 25 |
Months of supply: not enough history yet.
View as table
| Month | Months |
|---|---|
| October 2024 | — |
| November 2024 | — |
| December 2024 | — |
| January 2025 | — |
| February 2025 | — |
| March 2025 | — |
| April 2025 | — |
| May 2025 | — |
| June 2025 | — |
| July 2025 | — |
| August 2025 | — |
| September 2025 | — |
| October 2025 | — |
| November 2025 | — |
| December 2025 | — |
| January 2026 | — |
| February 2026 | — |
| March 2026 | — |
| April 2026 | — |
| May 2026 | — |
| June 2026 | — |
| July 2026 | — |
| August 2026 | — |
| September 2026 | — |
Sale-to-list ratio moved from 101.8% in October 2024 to 101.2% in September 2026.
View as table
| Month | % of list |
|---|---|
| October 2024 | 101.8% |
| November 2024 | 101.3% |
| December 2024 | 98.9% |
| January 2025 | 100.1% |
| February 2025 | — |
| March 2025 | — |
| April 2025 | 101.6% |
| May 2025 | 101.9% |
| June 2025 | 105.2% |
| July 2025 | 101.3% |
| August 2025 | 101.6% |
| September 2025 | 103% |
| October 2025 | 101.3% |
| November 2025 | 100.7% |
| December 2025 | 100.3% |
| January 2026 | 99.5% |
| February 2026 | 102.2% |
| March 2026 | 102% |
| April 2026 | 100.6% |
| May 2026 | — |
| June 2026 | 103.1% |
| July 2026 | 103.4% |
| August 2026 | 102.8% |
| September 2026 | 101.2% |