01103, Springfield, MA Housing Market

ZIP code 01103's median home value is $128K, down 2.8% over the past year. Homes here sell in a median 20 days. Its PropertyIQ Score of 17 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

The 01103, Springfield, MA housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 01103 captures neighborhood-specific demand patterns within MA, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

ZIP-level analysis in New England uncovers hyperlocal affordability pockets that county and metro averages obscure. PropertyIQ scores each ZIP code to reveal where demand signals within individual neighborhoods suggest outperformance relative to the state benchmark, giving investors granularity that broader geographic analyses miss. Within the New England, ZIP code 01103's PropertyIQ Score of 17 runs below the New England norm.

The PropertyIQ Score for 01103, Springfield, MA is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 01103, Springfield, MA's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.