View in Interactive Map

Pine Point, Springfield, MA—01119

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$299,000
2.9% YoY Growth
Household Income
$59,200
34.2% YoY Growth
Days on Market
42
20.0% Longer YoY
Home Price Forecast
2.7%
Median Rent
$1,800
3.0% YoY Growth
1-Bed Rent
$800
23.8% YoY Growth
2-Bed Rent
$1,800
0.0% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Pine Point, Springfield, MA

As of Dec '25, the median home price in Pine Point, Springfield, MA is $299,000, with a year-over-year change of 2.9%. This indicates that home prices in Pine Point, Springfield, MA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$299,0002.9%
Single Family $300,0003.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$260,0003.2%
    3 Bed
    		$300,0002.7%
    4 Bed
    		$335,0002.4%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    7.2%
    2 Bedrooms
    32.4%
    3 Bedrooms
    45.2%
    4 Bedrooms
    14.3%
    5+ Bedrooms
    0.5%

    Rental Trends — Pine Point, Springfield, MA

    As of July '25, Rentcast reports the average rent in Pine Point, Springfield, MA is $1,960, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Pine Point, Springfield, MA is 1-bedrooms: $800, 2-bedrooms: $1,720, 4-bedrooms: $2,800. The most common rental property sizes in Pine Point, Springfield, MA are 2-bedroom and 3-bedroom, accounting for 60.4% and 21.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,800$1,960
    Studio Rent N/AN/A
    1 Bed Rent $800$800
    2 Bed Rent $1,800$1,720
    3 Bed Rent N/AN/A
    4 Bed Rent $2,800$2,800
    Loading chart...

    % of Rental Stock

    Studio
    1.9%
    1 Bedroom
    13.0%
    2 Bedrooms
    60.4%
    3 Bedrooms
    21.6%
    4 Bedrooms
    3.1%

    Property Listings — Pine Point, Springfield, MA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Pine Point, Springfield, MA is 33. This is a increase of 33.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$329,0007.0%
    Listing Count
    		2011.0%
    Listings as % of Homes0.3%11.0%
    Days on Market
    		4220.0%
    Loading chart...

    Demographics — Pine Point, Springfield, MA

    As of the latest ACS Survey released in 2023, Pine Point, Springfield, MA has a population of 14,100, which has increased by 3.2% over the past 5 years. Pine Point, Springfield, MA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,1003.2%
    % Under 18
    		20.9%2.5%
    % Seniors
    		17.9%16.2%
    % WFH
    		7.3%114.7%
    % w/ College Degree
    		19.7%-7.5%
    Loading chart...

    As of the latest ACS Survey released in 2023, Pine Point, Springfield, MA is a predominantly white area, with 41.3% of the population identifying as white. The white population has shrunk by 14.0% in the last 5 years. The second most common race or ethnicity in Pine Point, Springfield, MA is hispanic, making up 33.2% of the population. Foreign-born residents account for 6.8% of the population in Pine Point, Springfield, MA, and this percentage has increased by 4.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		41.3%-14.0%
    % Black
    		22.6%11.9%
    % Hispanic
    		33.2%16.5%
    % Asian
    		4.1%173.3%
    % Foreign Born
    		6.8%4.6%
    Loading chart...

    Mortgage and Risk — Pine Point, Springfield, MA

    According to HUD data as of 2023, there were 248 mortgage originations in Pine Point, Springfield, MA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Pine Point, Springfield, MA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		248
    % Conventional Loans
    		73.0%
    % Government Loans
    		27.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		15.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Pine Point, Springfield, MA

    Pine Point, Springfield, MA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		590
    Total Units Section 8
    		577
    % Rentals under Section 8
    		49.4%
    % Occupied Section 8
    		93.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$490$800$1,290
    2 Bedroom-$200$1,800$1,600
    3 BedroomN/AN/A$1,950
    4 Bedroom-$620$2,800$2,180

    Affordability — Pine Point, Springfield, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$299,000
    Median Household Income$59,200

    Pine Point, Springfield, MA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Indian Orchard, Springfield, MA

    01129

    Indian Orchard, Springfield, MA

    01151

    East Forest Park, Springfield, MA

    01118

    Sixteen Acres, Springfield, MA

    01128

    Bay, Springfield, MA

    01109

    Frequently Asked Questions