West Springfield Town, Massachusetts Housing Market Prices
West Springfield Town Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 55% below the Massachusetts median$225,000
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Median rent 35% below the Massachusetts median$1,143
Housing Market Overview
| Metric | West Springfield Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $494,523 | $248,835 |
| Price Trend (Annual %) | 15.2% | 6.6% | 7.5% |
| Median Gross Rent | $1,143 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in West Springfield Town is about 55% lower than in Massachusetts. Rent is about 35% lower than the Massachusetts average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in West Springfield Town, up about 15.2% and 4.0% a year respectively. Home prices are changing faster.
Median rent in West Springfield Town rose about 33.3% between 2015 and 2024, from $858 to $1,143. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in West Springfield Town.
Buying the median-priced home in West Springfield Town costs roughly 16.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Springfield Town. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | West Springfield Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $494,523 | $248,835 |
| Median Household Income | $68,973 | $104,336 | $80,455 |
| Price-to-Income Ratio | 3.3 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in West Springfield Town rose about 147.1%, while median household income rose about 24.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | West Springfield Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.8% | 57.5% | 58.5% |
| Rental Rate | 39.6% | 34.4% | 31.2% |
| Vacancy Rate | 4.6% | 8.1% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
West Springfield Town has a homeownership rate of 55.8%, lower than the Massachusetts average of 57.5%. Its housing vacancy rate is 4.6%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | West Springfield Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1960 | 1963 | 1978 |
| Median Number of Rooms | 5.1 | 5.5 | 5.5 |
The typical housing unit in West Springfield Town was built around 1960. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 15.0 years on average.
West Springfield Town, MA Housing Compared With Nearby Cities
How West Springfield Town, MA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| West Springfield Town, MA | 28,772 | $225,000 #1/2 | $1,143 #2/2 | 58.5% #1/2 |
| Chicopee, MA | 55,293 | $208,931 | $1,156 | 55.7% |
Frequently Asked Questions
Common questions about the housing market in West Springfield Town, Massachusetts.
What is the median home price in West Springfield Town, Massachusetts?
The median home price in West Springfield Town, Massachusetts is $225,000, lower than the Massachusetts average of $494,523.
What is the average home price in West Springfield Town, Massachusetts?
The typical home price in West Springfield Town, Massachusetts, reported as the median sale price, is $225,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in West Springfield Town, Massachusetts?
The median gross rent in West Springfield Town, Massachusetts is $1,143 per month, lower than the Massachusetts average of $1,761.
What was the median gross rent in West Springfield Town in 2020?
In 2020, the median gross rent in West Springfield Town, Massachusetts was $912 per month.
What is the price-to-rent ratio in West Springfield Town, Massachusetts?
The price-to-rent ratio in West Springfield Town, Massachusetts is about 16.4, meaning it would take roughly 16.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in West Springfield Town.
Are home prices or rent rising faster in West Springfield Town, Massachusetts?
Both home prices and rent are rising in West Springfield Town, up about 15.2% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in West Springfield Town, Massachusetts?
55.8% of households in West Springfield Town, Massachusetts own their home, lower than the Massachusetts average of 57.5%.
What is the vacancy rate in West Springfield Town, Massachusetts?
The housing vacancy rate in West Springfield Town, Massachusetts is 4.6%, lower than the Massachusetts average of 8.1%.
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