dynamic.RE

State

City

Compare with

City

State

City

ZIP codes

Springfield, MA · 01152

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $71K, +1.1% YoY (county); renters hold 37.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

184,471

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 197,591

198Kunits

Occupied184,47193.4%

Vacant13,1206.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 184,471

184Koccupied

Owner114,78062.2%

Renter69,69137.8%

Renter Share

37.8%0.0% YoY

Total Housing Units

197,591+0.2% YoY

County Demographics

County population is down 0.0% to 462,815: residents under 18 are down 0.8% and those 65 and over are up 2.4%.

Median Age

40.02024

Population

Hampden County Population

464,151+0.4% YoY

Households

Total Households

184,471+0.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.440.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 462,815

463Kresidents

Under 1896,76120.9%

Adults 18–64281,53160.8%

65 & Over84,52318.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

96,761-0.8% YoY

Population 65 & Over

84,523+2.4% YoY

Median Age

40.00+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house91.7%

Moved (within US)7.7%

Other0.6%

Veterans

5.5%-3.5% YoY

County Economy

County median household income is $71K, 16.3% of residents are below the poverty level, 10.5% work from home.

Income

Median Household Income

$71K+1.1% YoY

Per-Capita Income

$38K+1.1% YoY

Mean Household Income

$95K+0.9% YoY

Poverty

Below Poverty Level

16.3%+3.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.0%

Public transit1.6%

Worked from home10.5%

Other11.9%

Worked From Home

10.5%+11.7% YoY

Mean Commute

22.70-0.9% YoY

Done with 01152? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Springfield, MA · 01152

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $71K, +1.1% YoY (county); renters hold 37.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

184,471

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 197,591

198Kunits

Occupied184,47193.4%

Vacant13,1206.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 184,471

184Koccupied

Owner114,78062.2%

Renter69,69137.8%

Renter Share

37.8%0.0% YoY

Total Housing Units

197,591+0.2% YoY

County Demographics

County population is down 0.0% to 462,815: residents under 18 are down 0.8% and those 65 and over are up 2.4%.

Median Age

40.02024

Population

Hampden County Population

464,151+0.4% YoY

Households

Total Households

184,471+0.1% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.440.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 462,815

463Kresidents

Under 1896,76120.9%

Adults 18–64281,53160.8%

65 & Over84,52318.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

96,761-0.8% YoY

Population 65 & Over

84,523+2.4% YoY

Median Age

40.00+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house91.7%

Moved (within US)7.7%

Other0.6%

Veterans

5.5%-3.5% YoY

County Economy

County median household income is $71K, 16.3% of residents are below the poverty level, 10.5% work from home.

Income

Median Household Income

$71K+1.1% YoY

Per-Capita Income

$38K+1.1% YoY

Mean Household Income

$95K+0.9% YoY

Poverty

Below Poverty Level

16.3%+3.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone76.0%

Public transit1.6%

Worked from home10.5%

Other11.9%

Worked From Home

10.5%+11.7% YoY

Mean Commute

22.70-0.9% YoY

Done with 01152? Put it next to another market.