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Springfield city, MA

ZIP 01109 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01109

Median Home Value
$203,100
Median Rent
$914
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,305/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 01109 in Springfield city, MA, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,305. That is about 20% above the local median household income ($46,821), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
45.9%-30% vs US avg
x
Vacancy Rate
9.6%-6% vs US avg
x
Broadband Access
82.9%-5% vs US avg
x
4+ Bedrooms
6.4%-57% vs US avg
x
Built Pre-1939
9.9%-23% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
30.5%-39% vs US avg
x
Mortgage-Free
29.2%-23% vs US avg
x
$203,100
Home Value
$914
Rent
1944
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached45.0%
  • 1-unit attached4.5%
  • 2-9 units36.7%
  • 10+ units13.2%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$203,100
Median rent$914
Owner-occupied45.9%
Vacant9.6%
Price-to-income4.3x
Est. income to buy$56,000