Comprehensive market data and analysis• Updated Dec 2025
5.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 6 | 17 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 6 | 17 |
Acreage buckets
The median price for land in Springfield, Massachusetts is currently $275K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $91K.
Springfield, Massachusetts is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Springfield, Massachusetts currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Springfield, Massachusetts averages $555.5M per acre. The median price per acre is $275K, which may be more representative of typical transactions. Most parcels sold are around 5,502 sq ft.
Land in Springfield, Massachusetts typically sells within 117 days of listing. The median time on market is 85 days. Properties are moving at a moderate pace in the current seller's market.
Over the past 12 months, Springfield, Massachusetts saw 18 properties sold, totaling $1.0M in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Springfield, Massachusetts is 19.1% (3-month basis), indicating strong demand. The top-performing broker in this market is Berkshire Hathaway HomeServices Realty Professionals.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
