North End, Springfield, MA01107

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$299,000
1.3% YoY Growth
Median Household Income
$32,000
17.8% 5-Year Growth
Days on Market
18
77.0% Shorter than last year
Home Price Forecast
1.9%
Median Rent
$1,800
0.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
29.7% YoY Growth
3-Bed Rent
$1,720
N/A

Property Listings — North End, Springfield, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in North End, Springfield, MA is 18. This is a decrease of -77.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$130,000-7.0%
Listing Count
5180.0%
Listings as % of Homes0.1%180.0%
Days on Market
18-77.0%
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Demographics — North End, Springfield, MA

As of the latest ACS Survey released in 2023, North End, Springfield, MA has a population of 12,300, which has increased by 5.9% over the past 5 years. North End, Springfield, MA is a popular place for families, as children make up 31.2% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,3005.9%
% Under 18
31.2%-5.7%
% Seniors
9.6%2.1%
% WFH
15.8%222.4%
% w/ College Degree
14.4%29.7%
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As of the latest ACS Survey released in 2023, North End, Springfield, MA is a predominantly hispanic area, with 81.5% of the population identifying as hispanic. The hispanic population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in North End, Springfield, MA is white, making up 11.0% of the population. Foreign-born residents account for 10.3% of the population in North End, Springfield, MA, and this percentage has increased by 7.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
11.0%0.9%
% Black
9.0%-31.8%
% Hispanic
81.5%4.1%
% Asian
1.8%350.0%
% Foreign Born
10.3%7.3%
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Mortgage and Risk — North End, Springfield, MA

According to HUD data as of 2023, there were 83 mortgage originations in North End, Springfield, MA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in North End, Springfield, MA. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
83
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — North End, Springfield, MA

North End, Springfield, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1,685
Total Units Section 8
1,216
% Rentals under Section 8
42.6%
% Occupied Section 8
87.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,230
2 Bedroom$230$1,300$1,530
3 Bedroom$140$1,720$1,860
4 Bedroom-$220$2,300$2,080

Affordability — North End, Springfield, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio8.1
Median Home Price$299,000
Median Household Income$32,000

North End, Springfield, MA — ZIP Code Boundary Map

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Frequently Asked Questions