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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



West Springfield, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

West Springfield, MA Housing Market Trends

With a population of 28,501, 12,691 total housing units (homes and apartments), and a median house value of $411,622, West Springfield real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, West Springfield homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in West Springfield, accounting for 51.19% of the city's housing units. Other types of housing that are prevalent in West Springfield include large apartment complexes or high rise apartments ( 26.36%), duplexes, homes converted to apartments or other small apartment buildings ( 17.95%), and a few row houses and other attached homes ( 3.20%).

People in West Springfield primarily live in small (one, two or no bedroom) single-family detached homes. West Springfield has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Springfield's housing was primarily built during this period, from the '40s through the '60s. A full 34.68% of the city's housing hails from this era. Other housing ages represented in West Springfield include homes built between 1970-1999 ( 32.32%) and housing constructed before 1939 ( 26.05%). There's also some housing in West Springfield built between 2000 and later ( 6.96%).

West Springfield Home Appreciation Rates

West Springfield's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Springfield during the period has been just 5.52%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, West Springfield's appreciation rate, at 9.52%, has been at or slightly above the national average. In the latest quarter, West Springfield's appreciation rate has been 3.09%, which annualizes to a rate of 12.94%.

Relative to Massachusetts, our data show that West Springfield's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within West Springfield differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West Springfield - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best West Springfield real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$411,622

West Springfield, MA Home Prices
> $1,365,000
$1,023,001 - $1,365,000
$683,001 - $1,023,000
$545,001 - $683,000
$409,001 - $545,000
$273,001 - $409,000
$136,001 - $273,000
$68,001 - $136,000
$0 - $68,000
0.4%
0.4%
2.0%
2.0%
4.7%
4.7%
11.2%
11.2%
24.5%
24.5%
30.9%
30.9%
16.4%
16.4%
6.8%
6.8%
3.1%
3.1%
0% 100.0%
% of Homes
Very Low

for Massachusetts

High

for nation

Number of Homes And Apartments:

12,691

West Springfield Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,786 / per month

Homeownership Rate

Owners
Renters
56.6%
56.6%
43.4%
43.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.6%
3.6%
96.4%
96.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.0%
7.0%
32.3%
32.3%
34.7%
34.7%
26.0%
26.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.2%
51.2%
3.2%
3.2%
18.0%
18.0%
26.4%
26.4%
1.2%
1.2%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
7.9%
7.9%
15.8%
15.8%
27.3%
27.3%
33.8%
33.8%
13.6%
13.6%
1.5%
1.5%
0% 100.0%
% of Homes

Popular Neighborhoods in West Springfield

Zip Codes in West Springfield, MA