South End, Springfield, MA—01105
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South End, Springfield, MA
As of Oct '25, the median home price in South End, Springfield, MA is $253,000, with a year-over-year change of 1.5%. This indicates that home prices in South End, Springfield, MA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 1.5% |
| Single Family | $283,000 | -2.1% |
| Condos | $128,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $109,000 | 2.8% |
2 Bed | $145,000 | -0.7% |
3 Bed | $253,000 | 2.0% |
4 Bed | $278,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South End, Springfield, MA
As of July '25, Rentcast reports the average rent in South End, Springfield, MA is $1,700, with a year-over-year rent change of 16.4%. Per bedroom, the median rent as of July '25 in South End, Springfield, MA is 1-bedrooms: $1,090, 2-bedrooms: $1,370, 3-bedrooms: $1,850, 4-bedrooms: $2,510. The most common rental property sizes in South End, Springfield, MA are 1-bedroom and 2-bedroom, accounting for 30.8% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,040 | $1,090 |
| 2 Bed Rent | $1,460 | $1,370 |
| 3 Bed Rent | $1,700 | $1,850 |
| 4 Bed Rent | $2,280 | $2,510 |
% of Rental Stock
Property Listings — South End, Springfield, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in South End, Springfield, MA is 208. This is a increase of 164.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $206,000 | 0.0% |
Listing Count | 15 | -38.0% |
| Listings as % of Homes | 0.1% | -38.0% |
Days on Market | 208 | 164.0% |
Demographics — South End, Springfield, MA
As of the latest ACS Survey released in 2023, South End, Springfield, MA has a population of 11,500, which has decreased by -4.1% over the past 5 years. South End, Springfield, MA is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | -4.1% |
% Under 18 | 27.8% | 7.8% |
% Seniors | 12.3% | 9.8% |
% WFH | 3.1% | 181.8% |
% w/ College Degree | 8.3% | -33.1% |
As of the latest ACS Survey released in 2023, South End, Springfield, MA is a predominantly hispanic area, with 73.8% of the population identifying as hispanic. The hispanic population has grown by 13.0% in the last 5 years. The second most common race or ethnicity in South End, Springfield, MA is black, making up 19.8% of the population. Foreign-born residents account for 7.8% of the population in South End, Springfield, MA, and this percentage has increased by 9.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 9.7% | -30.7% |
% Black | 19.8% | -15.0% |
% Hispanic | 73.8% | 13.0% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 7.8% | 9.9% |
Mortgage and Risk — South End, Springfield, MA
According to HUD data as of 2023, there were 72 mortgage originations in South End, Springfield, MA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in South End, Springfield, MA. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 6.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — South End, Springfield, MA
As of 2024, the percent of homes in South End, Springfield, MA under the Section 8 program is 43.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in South End, Springfield, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,214 |
Total Units Section 8 | 1,866 |
% Rentals under Section 8 | 43.0% |
% Occupied Section 8 | 90.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,040 | $1,060 |
| 2 Bedroom | -$140 | $1,460 | $1,320 |
| 3 Bedroom | -$90 | $1,700 | $1,610 |
| 4 Bedroom | -$480 | $2,280 | $1,800 |
Affordability — South End, Springfield, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $253,000 |
| Median Household Income | $23,000 |