Springfield, MA Metro Area - Investment Guide

Metro Area • 63 Cities • 81 ZIP Codes

Avg Home Value $389,777
Avg Monthly Rent $1,763
Avg Cap Rate 3.67%
Avg Investability 3.0 ★
Cities 63
ZIP Codes 81

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Market Trends

Metro Home Value History

$373K$334K$295K$255K$216K$176KNov 2005Nov 2015Oct 2025

Metro Rent History

$2,001$1,804$1,607$1,410$1,213$1,016Nov 2015Nov 2020Oct 2025
🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Springfield, MA Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
10.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in Springfield, MA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Springfield, MA

Agawam Massachusetts 2 ZIPs Amherst Massachusetts 2 ZIPs Ashfield Massachusetts 1 ZIPs Belchertown Massachusetts 1 ZIPs Bernardston Massachusetts 1 ZIPs Blandford Massachusetts 1 ZIPs Brimfield Massachusetts 1 ZIPs Buckland Massachusetts 1 ZIPs Chester Massachusetts 1 ZIPs Chesterfield Massachusetts 1 ZIPs Chicopee Massachusetts 3 ZIPs Colrain Massachusetts 1 ZIPs Conway Massachusetts 1 ZIPs Cummington Massachusetts 1 ZIPs Deerfield Massachusetts 1 ZIPs East Longmeadow Massachusetts 1 ZIPs Easthampton Massachusetts 1 ZIPs Erving Massachusetts 1 ZIPs Gill Massachusetts 1 ZIPs Goshen Massachusetts 1 ZIPs Granby Massachusetts 1 ZIPs Granville Massachusetts 1 ZIPs Greenfield Massachusetts 1 ZIPs Hadley Massachusetts 1 ZIPs Hampden Massachusetts 1 ZIPs Hatfield Massachusetts 1 ZIPs Hawley Massachusetts 1 ZIPs Heath Massachusetts 1 ZIPs Holland Massachusetts 1 ZIPs Holyoke Massachusetts 1 ZIPs Huntington Massachusetts 1 ZIPs Leverett Massachusetts 1 ZIPs Longmeadow Massachusetts 1 ZIPs Ludlow Massachusetts 1 ZIPs Middlefield Massachusetts 1 ZIPs Monson Massachusetts 1 ZIPs Montague Massachusetts 1 ZIPs New Salem Massachusetts 1 ZIPs Northampton Massachusetts 4 ZIPs Northfield Massachusetts 1 ZIPs Orange Massachusetts 1 ZIPs Palmer Massachusetts 2 ZIPs Plainfield Massachusetts 1 ZIPs Rowe Massachusetts 1 ZIPs Russell Massachusetts 1 ZIPs Shelburne Massachusetts 1 ZIPs Shutesbury Massachusetts 1 ZIPs South Deerfield Massachusetts 1 ZIPs South Hadley Massachusetts 1 ZIPs Southampton Massachusetts 1 ZIPs Southwick Massachusetts 1 ZIPs Sunderland Massachusetts 1 ZIPs Turners Falls Massachusetts 1 ZIPs Wales Massachusetts 1 ZIPs Ware Massachusetts 1 ZIPs Warwick Massachusetts 1 ZIPs Wendell Massachusetts 1 ZIPs West Springfield Massachusetts 1 ZIPs Westfield Massachusetts 1 ZIPs Whately Massachusetts 2 ZIPs Wilbraham Massachusetts 1 ZIPs Williamsburg Massachusetts 1 ZIPs Worthington Massachusetts 1 ZIPs

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
01103 Springfield MA $127,624 $1,732 10.59% 5.0 ★
01103 Springfield MA $160,458 $1,840 8.94% 5.0 ★
01103 Springfield MA $130,273 $1,678 10.05% 5.0 ★
01103 Springfield MA $134,963 $1,565 9.05% 5.0 ★
01103 Springfield MA $131,062 $1,626 9.68% 5.0 ★
01103 Springfield MA $139,036 $1,677 9.41% 5.0 ★
01103 Springfield MA $160,458 $1,840 8.94% 5.0 ★
01022 Chicopee MA $232,508 $2,214 7.43% 4.0 ★
01109 Springfield MA $266,952 $2,075 6.06% 4.0 ★
01022 Chicopee MA $236,449 $2,214 7.30% 4.0 ★
01105 Springfield MA $253,176 $1,395 4.30% 4.0 ★
01022 Chicopee MA $237,645 $2,214 7.27% 4.0 ★
01109 Springfield MA $266,952 $2,075 6.06% 4.0 ★
01022 Chicopee MA $231,719 $2,214 7.45% 4.0 ★
01022 Chicopee MA $240,316 $2,214 7.19% 4.0 ★
01022 Chicopee MA $232,508 $2,214 7.43% 4.0 ★
01109 Springfield MA $267,554 $2,075 6.05% 4.0 ★
01022 Chicopee MA $237,803 $2,214 7.26% 4.0 ★
01105 Springfield MA $253,176 $1,395 4.30% 4.0 ★
01007 Belchertown MA $471,339 $1,908 3.16% 3.0 ★
01034 Granville MA $407,773 $2,340 4.48% 3.0 ★
01069 Palmer MA $347,565 $1,638 3.67% 3.0 ★
01096 Williamsburg MA $437,218 $2,052 3.66% 3.0 ★
01243 Middlefield MA $320,210 $1,656 4.03% 3.0 ★
01360 Northfield MA $365,031 $1,737 3.71% 3.0 ★
01013 Chicopee MA $307,214 $1,669 4.24% 3.0 ★
01039 Whately MA $478,054 $2,268 3.70% 3.0 ★
01075 South Hadley MA $382,040 $1,692 3.45% 3.0 ★
01106 Longmeadow MA $518,488 $2,340 3.52% 3.0 ★
01338 Buckland MA $381,875 $1,476 3.01% 3.0 ★
01373 South Deerfield MA $463,553 $1,710 2.88% 3.0 ★
01027 Easthampton MA $441,530 $1,764 3.12% 3.0 ★
01056 Ludlow MA $355,947 $1,566 3.43% 3.0 ★
01085 Westfield MA $374,721 $1,808 3.76% 3.0 ★
01118 Springfield MA $330,001 $1,746 4.13% 3.0 ★
01344 Erving MA $334,522 $1,323 3.08% 3.0 ★
01521 Holland MA $364,873 $1,602 3.42% 3.0 ★
01028 East Longmeadow MA $429,881 $1,620 2.94% 3.0 ★
01057 Monson MA $391,572 $1,296 2.58% 3.0 ★
01089 West Springfield MA $350,010 $1,404 3.13% 3.0 ★
01119 Springfield MA $318,755 $1,674 4.10% 3.0 ★
01346 Heath MA $167,369 $1,512 7.05% 3.0 ★
01008 Blandford MA $366,008 $1,359 2.90% 3.0 ★
01035 Hadley MA $508,497 $2,322 3.56% 3.0 ★
01070 Plainfield MA $332,957 $1,431 3.35% 3.0 ★
01098 Worthington MA $414,791 $1,215 2.28% 3.0 ★
01301 Greenfield MA $325,159 $1,638 3.93% 3.0 ★
01364 Orange MA $315,375 $1,305 3.23% 3.0 ★
01020 Chicopee MA $319,017 $1,623 3.97% 3.0 ★
01040 Holyoke MA $337,740 $1,799 4.16% 3.0 ★

Showing top 50 of 81 ZIP codes. View all →

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About Springfield, MA Real Estate Market

The Springfield, MA metropolitan statistical area (MSA) encompasses 63 cities and 81 ZIP codes. The average home value across the metro is $389,777, with an average monthly rent of $1,763. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.