Zip 01104 (Springfield, MA) Housing

The housing market in 01104 Springfield, MA is a hot commodity. Median value of homes in this zip code is $235,300, which is substantially lower than the US median house value of $338,100. Over the past year, the US housing appreciation rate has been 8.27%, while in 01104 Springfield, MA it has been 11.32%. This significant difference shows that the housing market in this area is strong and thriving. Thus, if you're looking for a place to call home with great potential for future growth, 01104 Springfield is an excellent choice.

The median home cost in Springfield (zip 01104) is $235,300. Home appreciation the last 10 years has been 82.9%. Home Appreciation in Springfield (zip 01104) is up 15.6%.

Average Age of Homes

- The median age of Springfield (zip 01104) real estate is 71 years old

The Rental Market in Springfield (zip 01104)

- Renters make up 47.8% of the Springfield (zip 01104) population
- 1.3% of houses and apartments in Springfield (zip 01104), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Springfield, Massachusetts	United States
	9,834.0	139,647,020.0
	73	42
	$235,300	$338,100
	15.6%	16.6%
	60.6%	57.0%
	82.9%	101.1%
	$17.13	$10.98
	$2,741	$2,690
	44.1%	57.4%
	6.4%	11.2%
	49.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	0.4%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	3.4%	4.5%
	30.6%	11.3%
	43.4%	13.0%
	12.0%	20.1%
	2.7%	13.6%
	2.0%	8.3%
	1.2%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.3%	13.6%
	2.3%	13.6%
	2.6%	13.6%
	5.4%	13.2%
	5.9%	14.8%
	2.6%	13.6%
	19.4%	10.0%
	13.7%	4.7%
	38.5%	12.2%

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