Median home value: $289K (+2.4% YoY). Rent: $1,850/mo. Price-to-rent: 13.0x. Part of Springfield, MA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Springfield, MA metro page.
Home Value$288,598
+2.4%
Rent$1,850/mo
AFFORDABILITYBuying $27/mo cheaper ($1,850 rent)6.00% 30yr, 20% down, county tax + MA ins. 28% per HUD.
Enter your income for Springfield.
$57,720 on $288,598
Stretch — 29.2% of income
Above 28% but manageable with cuts.
PITI$1,823
P/I29.2%
Afford$277K
Gap-$12K
P&I $1,384Tax $289Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing