Question 1

How competitive is the housing market in Springfield (01104)?

Accepted Answer

The Springfield (01104) (01104) in Springfield, MA housing market has a competitiveness index of 64 out of 100, making it a moderately competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Springfield (01104)?

Accepted Answer

Homes in Springfield (01104) (01104) in Springfield, MA sell for an average of 2.6% above asking price. Offers near asking price are typical in this area.

Question 3

How fast do homes sell in Springfield (01104)?

Accepted Answer

The median days on market in Springfield (01104) (01104) in Springfield, MA is 22 days. Homes sell relatively quickly, so buyers should be prepared to make timely offers.

Question 4

What is the median home price in Springfield (01104)?

Accepted Answer

The median sale price in Springfield (01104) (01104) in Springfield, MA is $300,000. The median price per square foot is $228. This is based on 46 recent home sales.