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: 7.28% as of Oct 1 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Springfield, MA Metro Area
Even conditions for buyers and sellers
25 days
Average time to sell
Fast
10.2%
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 September 19, 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 $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 ★
01103 Springfield MA $127,624 $1,732 10.59% 5.0 ★
01103 Springfield MA $160,458 $1,840 8.94% 5.0 ★
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 ★
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 ★
01013 Chicopee MA $324,289 $1,557 3.74% 3.0 ★
01040 Holyoke MA $333,242 $1,644 3.85% 3.0 ★
01077 Southwick MA $397,852 $1,629 3.19% 3.0 ★
01107 Springfield MA $299,157 $1,611 4.20% 3.0 ★
01339 Hawley MA $349,510 $1,503 3.35% 3.0 ★
01375 Sunderland MA $475,230 $2,160 3.55% 3.0 ★
01028 East Longmeadow MA $424,269 $1,620 2.98% 3.0 ★
01057 Monson MA $395,416 $1,296 2.56% 3.0 ★
01085 Westfield MA $394,145 $1,882 3.73% 3.0 ★
01119 Springfield MA $316,149 $1,674 4.13% 3.0 ★
01346 Heath MA $161,533 $1,512 7.30% 3.0 ★
01008 Blandford MA $353,742 $1,359 3.00% 3.0 ★
01035 Hadley MA $508,497 $2,322 3.56% 3.0 ★
01070 Plainfield MA $344,541 $1,431 3.24% 3.0 ★
01098 Worthington MA $399,528 $1,215 2.37% 3.0 ★
01301 Greenfield MA $330,517 $1,638 3.87% 3.0 ★
01360 Northfield MA $381,054 $1,737 3.56% 3.0 ★
01010 Brimfield MA $421,890 $1,215 2.25% 3.0 ★
01036 Hampden MA $428,231 $1,512 2.75% 3.0 ★
01071 Russell MA $354,289 $1,260 2.77% 3.0 ★
01330 Ashfield MA $411,127 $1,278 2.42% 3.0 ★
01364 Orange MA $328,425 $1,305 3.10% 3.0 ★
01020 Chicopee MA $335,403 $1,736 4.04% 3.0 ★
01050 Huntington MA $360,440 $1,737 3.76% 3.0 ★
01080 Palmer MA $304,340 $1,539 3.94% 3.0 ★
01108 Springfield MA $292,238 $1,878 5.01% 3.0 ★
01340 Colrain MA $332,054 $1,521 3.57% 3.0 ★
01376 Turners Falls MA $325,648 $1,575 3.77% 3.0 ★
01030 Agawam MA $400,667 $1,566 3.05% 3.0 ★
01060 Northampton MA $485,341 $2,281 3.67% 3.0 ★
01089 West Springfield MA $370,511 $1,648 3.47% 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.