Springfield home values (September 2026)

The typical home in the Springfield, MA metro is worth $372,394, +3.3% over the last 12 months. Updated monthly from Zillow Research data.

Typical value: $372,394
1-year change: +3.3%
5-year change: +28.9%
10-year change: +77.7%

Typical home value, Springfield metro, last 10 years. Source: Zillow Research (ZHVI).

Where Springfield stands

#48 most expensive of the 100 largest U.S. metros; #18 by 1-year price growth.
At or near its all-time high ($372,394).

Home equity in Springfield

At an 85% combined loan-to-value cap, a typical $372,394 home supports up to $316,535 of total borrowing. With a typical mortgage still owed, about $107,994 of equity would be available as a line of credit. Run your own numbers in the HELOC calculator.

Compare nearby metros

Boston, MA — $725,639 (+2.1% 1-yr)
Worcester, MA — $476,551 (+2.1% 1-yr)
Atlanta, GA — $375,898 (-1.5% 1-yr)
Albany, NY — $373,057 (+5% 1-yr)
Virginia Beach, VA — $371,181 (+2.9% 1-yr)
Allentown, PA — $363,366 (+3.2% 1-yr)

Frequently asked questions

What is the typical home value in Springfield?

The typical home in the Springfield, MA metro area is worth about $372,394 as of September 2026, according to the Zillow Home Value Index (mid-tier homes, seasonally adjusted). That ranks #48 of the 100 largest U.S. metros.

Are home prices in Springfield going up or down?

Over the past 12 months the typical value changed +3.3% (#18 of 100 large metros by 1-year growth). Over 5 years it changed +28.9%, and over 10 years +77.7%. Values are at or near their all-time high.

How much home equity could a Springfield homeowner borrow against?

Lenders typically cap combined loan-to-value at about 85%. On a typical $372,394 home that's $316,535 of total borrowing; after a typical existing mortgage (about 56% of value) roughly $107,994 would remain as a line of credit. This is an illustration, not an offer — your figure depends on your own balance, credit and appraisal.

Data: Zillow Research, Zillow Home Value Index (all homes, mid tier, smoothed and seasonally adjusted), September 2026. Equity figures are illustrative. Download the full dataset.