Springfield, Hampden County, MA Housing Trends, Rent, Price-to-Rent

Market Summary

Springfield, Hampden County, MA

Median Home Price Price

$282,976 $283K

Median Monthly Rent Rent

$1,478 $1.5K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springfield, MA is $1,478, with MoM change +$14 and YoY change +$105 pointing to positive momentum while volatility is low (std $26).

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Metric

Base market Springfield, MA

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Delta vs base

Median rent

$1,478

N/A

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Median price

$282,976

N/A

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YoY change

+$105

N/A

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Price-to-rent

16.0x

Data unavailable

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