Median home value in zip code 01118 (Springfield, MA) is $311,107, up 3.1% year over year. Part of the Springfield, MA metropolitan area.

Home Value$311,107

YoY Change

+3.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 01118 (Springfield).

Income (annual)

Down Payment

$62,221 on $311,107

Example: $75,000 household income. Change it above to see your own.

Stretch32.5% of income

Above 28% but manageable with cuts.

PITI$2,034

P/I32.5%

Afford$268K

Gap-$43K

P&I $1,573Tax $311Ins $150

6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.

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Metro Analysis

01118 is part of the Springfield, MA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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