Forest Park, Springfield, MA—01108
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$308,000
3.6% YoY Growth
Household Income
$51,900
26.7% YoY Growth
Days on Market
33
1.0% Shorter YoY
Home Price Forecast
2.0%
Median Rent
$1,600
6.2% YoY Growth
1-Bed Rent
$1,150
9.3% YoY Growth
2-Bed Rent
$1,500
8.0% YoY Growth
3-Bed Rent
$1,900
1.0% YoY Growth
Home Price Trends — Forest Park, Springfield, MA
As of May '26, the median home price in Forest Park, Springfield, MA is $308,000, with a year-over-year change of 3.6%. This indicates that home prices in Forest Park, 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 | $308,000 | 3.6% |
| Single Family | $315,000 | 3.3% |
| Condos | $245,000 | 6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |