The story of this market
The typical home in ZIP 01101 sells for about $307,000, or $205 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
This ZIP has no home sales of its own, so its market figures come from Springfield, Massachusetts (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 01101 — Springfield
ZIP 01101 is a specialized PO Box-only ZIP code in Springfield, Massachusetts, that contains no residential housing units or population. Consequently, all residential market metrics such as median sale price, days on market, and inventory are null. The provided rent figure represents the HUD Small Area Fair Market Rent for the ZIP code area.
This ZIP code is a non-residential administrative and postal facility area and does not serve as a residential housing market for buyers or renters.
Median prices moved up 2.5% year over year.
Homes spend a median of 32 days on market with 2.8 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 100.5% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
ZIP 01101 is a non-residential PO Box-only ZIP code; rental market data is not applicable to this geography.
The area serves as a postal and administrative hub for Springfield, with minimal business activity reported.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.