SPRINGFIELD Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Springfield averaged 6.74% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.66% and one month ago for the week of 2025-03-06, the average rate was 6.65%.

Springfield's average rate one year ago was 6.94%.

For refis of the same type during the week of 2025-04-10, the average rate was 7.35%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Springfield 30 Year Fixed Rate 2025-04-10 6.74%
Springfield 30 Year Fixed Rate Refi 2025-04-10 7.35%
Springfield 15 Year Fixed Rate 2025-04-10 6.17%
Springfield 15 Year Fixed Rate Refi 2025-04-10 5.72%
Springfield 30 Year FHA 2025-04-10 6.39%
Springfield 30 Year FHA Refi 2025-04-10 5.96%
Springfield 30 Year USDA 2025-04-10 6.65%
Springfield 30 Year USDA Refi 2025-04-10 6.55%
Springfield 30 Year VA 2025-04-10 6.3%
Springfield 30 Year VA Refi 2025-04-10 5.73%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SPRINGFIELD, MA.

SPRINGFIELD Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SPRINGFIELD, MA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 241 6.72% $6,975
Westfield Bank 239 6.34% $4,241
QUICKEN LOANS, LLC 191 6.69% $7,548
HARBORONE MORTGAGE, LLC 187 6.72% $5,744
Florence Bank 179 5.80% $3,979
Greenfield Savings Bank 173 5.84% $4,511
UNITED WHOLESALE MORTGAGE, LLC 128 6.78% $8,027
PeoplesBank 127 6.38% $4,222
GUILD MORTGAGE COMPANY 124 6.69% $6,052
MOVEMENT MORTGAGE, LLC 119 6.71% $7,153
POLISH NATIONAL 112 6.01% $4,013
BROKER SOLUTIONS, INC. 106 6.92% $7,316
CMG MORTGAGE, INC. 106 6.63% $7,430
Easthampton Savings Bank 90 6.38% $3,824
MEMBER ADVANTAGE MORTGAGE, LLC 79 6.52% $6,490
NORTHPOINT MORTGAGE, INC. 72 6.66% $7,314
GUARANTEED RATE, INC. 70 6.78% $6,394
TOTAL MORTGAGE SERVICES, LLC 68 6.83% $8,166
Country Bank for Savings 68 6.33% $4,740
Freedom Credit Union 56 6.46% $4,434
JPMorgan Chase Bank 52 6.56% $5,293
RADIUS FINANCIAL GROUP INC. 52 6.89% $6,291
Citizens Bank 52 6.49% $5,407
HOMESTEAD FUNDING CORP. 51 6.73% $5,404
Evolve Bank & Trust 42 6.70% $4,830
CROSSCOUNTRY MORTGAGE, LLC 41 7.08% $6,373
LOANDEPOT.COM, LLC 32 6.63% $7,449
NORWICH COMMERCIAL GROUP, INC. 29 6.88% $6,938
TD Bank 28 6.91% $3,114
Bank of America 27 6.38% $3,958
Semper Home Loans, Inc. 27 6.71% $8,796
Berkshire Bank 26 6.36% $4,754
NEWREZ LLC 26 6.83% $7,090
Liberty Bank 25 6.34% $3,676
Mr. Cooper ( Nationstar Mortgage ) 24 6.72% $8,318
MEMBERS MORTGAGE COMPANY, INC. 24 6.55% $3,218
Leader Bank 22 6.50% $4,682
M&T Bank 22 6.59% $5,616
GREATER SPRINGFIELD CREDIT UNION 21 6.23% $3,416
NAVY FEDERAL CREDIT UNION 21 6.43% $4,609
GUARANTEED RATE AFFINITY, LLC 17 6.65% $6,885
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 16 6.66% $8,678
Keystone Funding, Inc. 15 6.89% $7,372
GENEVA FINANCIAL, LLC 15 7.11% $8,800
EMM LOANS LLC 14 7.03% $5,411
Community Bank 14 6.58% $3,924
WILLIAM RAVEIS MORTGAGE, LLC 13 6.80% $6,279
LUSO 13 6.09% $4,407
PREMIER MORTGAGE RESOURCES, L.L.C. 13 6.80% $6,691
FIRST COLONY MORTGAGE CORPORATION 12 6.78% $12,080
Wells Fargo Bank 11 6.73% $5,662
Paramount Residential Mortgage Group, Inc. 11 7.34% $6,407
BAYCOAST MORTGAGE COMPANY, LLC 11 6.42% $5,328
MUTUAL OF OMAHA MORTGAGE, INC. 11 6.65% $9,096
MORTGAGE EQUITY PARTNERS LLC 10 6.39% $8,104
NORTHERN MORTGAGE SERVICES, LLC 10 7.14% $6,426
U.S. Bank 9 6.55% $5,521
T2 FINANCIAL LLC 9 6.37% $9,679
MORTGAGE MARKETS CUSO, LLC 9 6.43% $5,589
SALEM FIVE MORTGAGE COMPANY, LLC 9 6.76% $5,565
Adams Community Bank 8 6.73% $3,438
FIRST WORLD MORTGAGE CORPORATION 8 6.58% $7,856
MSA MORTGAGE, LLC 8 7.09% $4,412
USAA Federal Savings Bank 8 6.42% $5,505
CIBM Bank 7 6.68% $5,936
Cornerstone Bank 7 6.46% $3,725
NBKC BANK 7 6.54% $4,187
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 6.96% $5,813
KeyBank 7 6.70% $5,315
EVERETT FINANCIAL, INC. 7 6.85% $9,086
AMERISAVE MORTGAGE CORPORATION 6 6.81% $11,388
AMERICAN FINANCIAL NETWORK, INC. 6 7.02% $9,547
PENNYMAC LOAN SERVICES, LLC 6 6.60% $5,892
FREEDOM MORTGAGE CORPORATION 6 7.15% $7,397
WASHINGTON TRUST MORTGAGE COMPANY LLC 6 6.94% $6,022
General Mortgage Capital Corporation 6 7.25% $5,659
Fidelity Co-operative Bank 6 6.71% $4,174
Nations Lending Corporation 6 6.87% $6,632
ZILLOW HOME LOANS, LLC 6 6.67% $6,546
Prosperity Home Mortgage, LLC 6 7.02% $6,033
Mortgage Research Center, LLC 5 6.90% $4,423
NEW FED MORTGAGE, CORP. 5 6.90% $7,496
Morgan Stanley Private Bank 5 6.42% $4,852
DREW MORTGAGE ASSOCIATES, INC. 5 7.40% $6,976
BETTER MORTGAGE CORPORATION 5 6.20% $7,123
DIGITAL Federal Credit Union 5 6.88% $3,072
GREYLOCK 5 6.73% $3,704
Sierra Pacific Mortgage Company, Inc. 5 6.93% $8,635
AMERICAN HERITAGE LENDING, INC. 5 7.65% $14,969
HOMESIDE FINANCIAL, LLC 5 7.20% $11,451
EMBRACE HOME LOANS, INC. 5 6.80% $6,362
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 7.19% $4,846
Farm Credit East, ACA 5 7.56% $5,394
ENVOY MORTGAGE, LTD 5 6.90% $5,418
ARC HOME LLC 4 7.78% $10,107
METRO 4 7.19% $3,205
First National Bank of America 4 9.75% $10,601
NFM, INC. 4 7.47% $7,359
RELIANCE FIRST CAPITAL, LLC 4 7.53% $9,412
UNION HOME MORTGAGE CORP. 4 6.88% $5,174
LEADERONE FINANCIAL CORPORATION 4 7.00% $7,256
OCMBC, INC. 4 9.13% $11,276
Eastern Bank 4 6.00% $4,860
Ally Bank 4 6.06% $10,159
HANSCOM 3 6.50% $2,718
Workers Credit Union 3 5.92% $6,556
The Bank of Canton 3 6.79% $4,066
WEBSTER FIRST Federal Credit Union 3 5.83% $3,518
Quontic Bank 3 9.58% $10,201
Magnolia Bank 3 6.29% $6,445
NATIONS DIRECT MORTGAGE, LLC 3 6.37% $8,481
PNC Bank 3 6.25% $5,406
UMASSFIVE COLLEGE Federal Credit Union 3 6.88% $6,984
The Huntington National Bank 3 6.79% $5,078
Discover Bank 3 7.45% $0
The Cape Cod Five Cents Savings Bank 3 6.92% $3,020
Cambridge Savings Bank 2 6.63% $3,892
Fall River Five Cents Savings Bank 2 6.75% $4,374
FIRST COMMUNITY MORTGAGE, INC. 2 6.81% $6,484
FIRST MORTGAGE COMPANY, INC. 2 6.31% $7,248
DEEPHAVEN MORTGAGE LLC 2 8.25% $6,372
GUIDANCE RESIDENTIAL, LLC 2 7.06% $7,864
Citibank 2 5.88% $3,226
LENDSURE MORTGAGE CORP. 2 8.31% $10,427
LENOX FINANCIAL MORTGAGE CORPORATION 2 6.50% $4,487
CENTRAL ONE FEDERAL CREDIT UNION 2 5.75% $2,445
LOANPAL, LLC 2 6.88% $10,057
CARDINAL FINANCIAL 2 5.81% $8,769
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 2 6.31% $2,909
MILEND, INC. 2 6.99% $10,806
Bridgewater Savings Bank 2 6.63% $3,330
BMO Harris Bank 2 7.56% $6,102
BECKAM FUNDING CORP. 2 9.50% $10,669
BAY EQUITY LLC 2 6.31% $4,556
NJ LENDERS CORP. 2 6.63% $6,018
NP, Inc. 2 9.81% $5,529
PLAZA HOME MORTGAGE, INC. 2 6.31% $2,912
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 6.56% $8,366
PROVINCE MORTGAGE ASSOCIATES, INC. 2 6.81% $4,404
PRYSMA LENDING GROUP, LLC 2 9.12% $13,172
Ross Mortgage Company, Inc. 2 7.13% $5,269
UIF CORPORATION 2 7.06% $4,371
UniBank for Savings 2 6.50% $2,657
Webster Bank 2 6.94% $6,958
Advisors Mortgage Group, L.L.C. 2 6.75% $4,076
EQUITY RESOURCES, INC. 2 6.56% $2,825
NexBank 1 6.13% $5,921
Enterprise Bank and Trust Company 1 6.25% $3,476
GREENWOOD 1 8.00% $2,916
North American Savings Bank, F.S.B. 1 6.75% $5,096
NORTHEAST HOME LOAN, LLC 1 6.99% $2,410
Baxter Credit Union 1 6.25% $4,812
Northpointe Bank 1 6.63% $3,143
Barrington Bank & Trust Company, N.A. 1 6.13% $8,181
Bar Harbor Bank & Trust 1 7.38% $6,493
Flagstar Bank, FSB 1 7.50% $8,588
Main Street Bank 1 8.25% $6,175
Bank of Hope 1 7.25% $5,806
Centreville Bank 1 6.50% $4,316
Arvest Bank 1 6.75% $10,864
PHH Mortgage Corporation 1 6.99% $7,327
Plains Commerce Bank 1 7.63% $8,862
ADVANCIAL 1 7.63% $8,444
Charles Schwab Bank, SSB 1 6.50% $3,300
LADERA LENDING, INC. 1 6.13% $5,549
PREMIA MORTGAGE, LLC 1 6.50% $1,599
CHURCHILL MORTGAGE CORPORATION 1 7.38% $5,669
ALLIED MORTGAGE GROUP, INC. 1 6.88% $6,341
JMAC LENDING, INC. 1 7.50% $14,190
Jeanne D'Arc Credit Union 1 6.49% $5,472
FIRST HOME MORTGAGE CORPORATION 1 6.49% $6,948
Farmers Bank & Trust 1 6.88% $4,758
PURDUE FEDERAL CREDIT UNION 1 6.50% $5,726
HUNT MORTGAGE CORPORATION 1 8.13% $5,043
HOMESPIRE MORTGAGE CORPORATION 1 7.50% $9,609
AMERICAN PACIFIC MORTGAGE CORPORATION 1 9.50% $7,030
Home Mortgage Alliance Corp 1 6.99% $9,383
Republic State Mortgage Co. 1 6.25% $7,551
Rockland Trust Company 1 6.13% $4,357
First Federal Bank 1 6.00% $5,347
American Mortgage & Equity Consultants, Inc. 1 6.12% $10,907
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.99% $8,458
HARVARD UNIVERSITY EMPLOYEES 1 6.00% $2,963
State Department Federal Credit Union 1 6.00% $8,438
St. Mary's Credit Union 1 6.00% $2,699
HARTFORD FUNDING, LTD. 1 6.88% $5,743
AMERICAN FINANCE HOUSE LARIBA 1 7.00% $3,414
TEACHERS 1 7.50% $5,046
City National Bank 1 6.40% $6,881
COMMUNITY CREDIT UNION OF LYNN 1 6.63% $2,619
The Federal Savings Bank 1 6.50% $5,248
DAS Acquisition Company, LLC 1 6.63% $5,961
The People's Credit Union 1 7.38% $7,740
AMERICAN EAGLE FINANCIAL CREDIT UNION 1 6.13% $4,430
Toyota Financial Savings Bank 1 6.08% $2,550
UBS Bank USA 1 6.25% $3,628
ALLIANT CREDIT UNION 1 6.50% $4,295
MountainOne Bank 1 7.38% $5,200
Bethpage Federal Credit Union 1 5.75% $4,783
BELLWETHER COMMUNITY 1 8.50% $3,678
BNY Mellon 1 6.13% $4,698
Merchants Bank of Indiana 1 6.00% $4,790
NATIONS RELIABLE LENDING, LLC 1 7.49% $6,665
NATIONWIDE MORTGAGE BANKERS, INC. 1 7.38% $5,361
GSF Mortgage Corporation 1 6.49% $6,432
Bristol County Savings Bank 1 6.00% $3,568
NBT Bank 1 5.50% $3,034
Needham Bank 1 7.00% $2,804
Network Funding, L.P. 1 7.50% $4,116
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION 1 5.00% $3,834
Fifth Third Bank 1 6.99% $4,134

SPRINGFIELD Average Closing Costs & Other Stats

SPRINGFIELD, MA's 211 lenders originated 11,838 loans during 2024. The total origination value was $2,716,990,000, with an average loan value of $229,514.

SPRINGFIELD's average closing costs are $5,624.

The top SPRINGFIELD lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 241 loans originated. Their average total fees are $6,975, which is $2,734 higher than the next largest lender, Westfield Bank.

The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are TD Bank ($3,114), MEMBERS MORTGAGE COMPANY, INC. ($3,218), GREATER SPRINGFIELD CREDIT UNION ($3,416), Liberty Bank ($3,676) and Easthampton Savings Bank ($3,824).

The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are Florence Bank (5.80%), Greenfield Savings Bank (5.84%), POLISH NATIONAL (6.01%), LUSO (6.09%) and GREATER SPRINGFIELD CREDIT UNION (6.23%).

SPRINGFIELD, MA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Greenfield Savings Bank $126,605,000 $137,260,000 8.4% 5.1%
Westfield Bank $79,290,000 $126,630,000 59.7% 4.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $88,580,000 $125,060,000 41.2% 4.6%
QUICKEN LOANS, LLC $89,730,000 $109,900,000 22.5% 4.0%
PeoplesBank $95,780,000 $105,595,000 10.2% 3.9%
Florence Bank $114,340,000 $102,765,000 -10.1% 3.8%
UNITED WHOLESALE MORTGAGE, LLC $76,910,000 $101,265,000 31.7% 3.7%
Citizens Bank $95,500,000 $78,095,000 -18.2% 2.9%
HARBORONE MORTGAGE, LLC $54,340,000 $70,895,000 30.5% 2.6%
CMG MORTGAGE, INC. $8,750,000 $66,020,000 654.5% 2.4%
MOVEMENT MORTGAGE, LLC $108,295,000 $63,150,000 -41.7% 2.3%
Easthampton Savings Bank $71,525,000 $60,990,000 -14.7% 2.2%
Greenfield Co-operative Bank $56,415,000 $58,300,000 3.3% 2.1%
BROKER SOLUTIONS, INC. $5,725,000 $56,595,000 888.6% 2.1%
GUILD MORTGAGE COMPANY $42,380,000 $55,670,000 31.4% 2.0%
GUARANTEED RATE, INC. $35,480,000 $52,230,000 47.2% 1.9%
POLISH NATIONAL $25,300,000 $50,360,000 99.1% 1.9%
Country Bank for Savings $43,775,000 $48,290,000 10.3% 1.8%
Mortgage Research Center, LLC $34,145,000 $40,030,000 17.2% 1.5%
TD Bank $45,535,000 $38,785,000 -14.8% 1.4%
TOTAL MORTGAGE SERVICES, LLC $23,700,000 $37,545,000 58.4% 1.4%
Monson Savings Bank $27,645,000 $37,115,000 34.3% 1.4%
CROSSCOUNTRY MORTGAGE, LLC $27,800,000 $34,040,000 22.4% 1.3%
NORTHPOINT MORTGAGE, INC. $32,945,000 $31,890,000 -3.2% 1.2%
FREEDOM MORTGAGE CORPORATION $13,680,000 $31,825,000 132.6% 1.2%
M&T Bank $23,175,000 $31,270,000 34.9% 1.2%
UMASSFIVE COLLEGE Federal Credit Union $26,445,000 $29,015,000 9.7% 1.1%
Freedom Credit Union $52,585,000 $27,965,000 -46.8% 1.0%
MEMBER ADVANTAGE MORTGAGE, LLC $8,670,000 $27,910,000 221.9% 1.0%
HOMESTEAD FUNDING CORP. $16,415,000 $27,035,000 64.7% 1.0%
Bank of America $23,345,000 $25,635,000 9.8% 0.9%
Berkshire Bank $23,135,000 $23,520,000 1.7% 0.9%
LOANDEPOT.COM, LLC $11,730,000 $21,705,000 85.0% 0.8%
NEWREZ LLC $14,095,000 $21,380,000 51.7% 0.8%
PENNYMAC LOAN SERVICES, LLC $17,145,000 $20,885,000 21.8% 0.8%
RADIUS FINANCIAL GROUP INC. $20,495,000 $19,925,000 -2.8% 0.7%
NAVY FEDERAL CREDIT UNION $13,955,000 $18,885,000 35.3% 0.7%
JPMorgan Chase Bank $11,350,000 $18,615,000 64.0% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $9,530,000 $18,165,000 90.6% 0.7%
Evolve Bank & Trust $19,210,000 $17,345,000 -9.7% 0.6%
NORWICH COMMERCIAL GROUP, INC. $32,430,000 $16,750,000 -48.4% 0.6%
LUSO $7,735,000 $16,300,000 110.7% 0.6%
HOLYOKE $16,960,000 $13,725,000 -19.1% 0.5%
NBT Bank $1,500,000 $13,250,000 783.3% 0.5%
Paramount Residential Mortgage Group, Inc. $15,100,000 $13,105,000 -13.2% 0.5%
LENDINGHOME FUNDING CORPORATION $7,220,000 $12,855,000 78.0% 0.5%
GUARANTEED RATE AFFINITY, LLC $17,340,000 $12,805,000 -26.2% 0.5%
GREATER SPRINGFIELD CREDIT UNION $8,110,000 $12,205,000 50.5% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,835,000 $11,460,000 524.5% 0.4%
Semper Home Loans, Inc. $17,220,000 $10,960,000 -36.4% 0.4%
Liberty Bank $4,485,000 $10,915,000 143.4% 0.4%
MASSMUTUAL $10,295,000 $10,850,000 5.4% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $7,585,000 $10,470,000 38.0% 0.4%
Leader Bank $11,395,000 $9,590,000 -15.8% 0.4%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $15,555,000 $9,370,000 -39.8% 0.3%
GENEVA FINANCIAL, LLC $7,410,000 $9,030,000 21.9% 0.3%
FIRST COLONY MORTGAGE CORPORATION $7,785,000 n/a 0.3%
Alden Credit Union $14,080,000 $7,430,000 -47.2% 0.3%
USAA Federal Savings Bank $8,585,000 $7,325,000 -14.7% 0.3%
FIRST WORLD MORTGAGE CORPORATION $5,760,000 $7,280,000 26.4% 0.3%
MEMBERS MORTGAGE COMPANY, INC. $1,715,000 $7,180,000 318.7% 0.3%
WILLIAM RAVEIS MORTGAGE, LLC $4,325,000 $6,870,000 58.8% 0.3%
EMM LOANS LLC $5,125,000 $6,810,000 32.9% 0.3%
ARRHA Credit Union $7,365,000 $6,705,000 -9.0% 0.2%
Community Bank $5,210,000 $6,375,000 22.4% 0.2%
Keystone Funding, Inc. $6,105,000 $6,330,000 3.7% 0.2%
MORTGAGE EQUITY PARTNERS LLC $5,715,000 $6,305,000 10.3% 0.2%
U.S. Bank $5,090,000 $5,985,000 17.6% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,810,000 $5,885,000 225.1% 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $425,000 $5,755,000 1,254.1% 0.2%
Nations Lending Corporation $3,460,000 $5,705,000 64.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $6,950,000 $5,690,000 -18.1% 0.2%
BAYCOAST MORTGAGE COMPANY, LLC $2,550,000 $5,570,000 118.4% 0.2%
OCMBC, INC. $2,890,000 $5,365,000 85.6% 0.2%
Workers Credit Union $4,170,000 $5,150,000 23.5% 0.2%
Equity Prime Mortgage LLC $2,250,000 $4,960,000 120.4% 0.2%
General Mortgage Capital Corporation $4,900,000 n/a 0.2%
NORTHERN MORTGAGE SERVICES, LLC $5,565,000 $4,900,000 -11.9% 0.2%
PLAZA HOME MORTGAGE, INC. $3,110,000 $4,880,000 56.9% 0.2%
CIBM Bank $4,260,000 $4,875,000 14.4% 0.2%
Chelsea Groton Bank $4,805,000 n/a 0.2%
AMERICAN HERITAGE LENDING, INC. $625,000 $4,720,000 655.2% 0.2%
Wells Fargo Bank $5,360,000 $4,510,000 -15.9% 0.2%
KeyBank $7,125,000 $4,385,000 -38.5% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,740,000 $4,345,000 -8.3% 0.2%
SALEM FIVE MORTGAGE COMPANY, LLC $5,320,000 $4,340,000 -18.4% 0.2%
DIGITAL Federal Credit Union $3,670,000 $4,295,000 17.0% 0.2%
Discover Bank $4,975,000 $4,160,000 -16.4% 0.2%
VILLAGE CAPITAL MORTGAGE $280,000 $4,115,000 1,369.6% 0.2%
T2 FINANCIAL LLC $2,630,000 $4,030,000 53.2% 0.1%
MSA MORTGAGE, LLC $4,005,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,135,000 $3,805,000 78.2% 0.1%
The Federal Savings Bank $4,755,000 $3,575,000 -24.8% 0.1%
Cornerstone Bank $3,600,000 $3,555,000 -1.3% 0.1%
SOUTHBRIDGE CREDIT UNION $3,090,000 $3,450,000 11.7% 0.1%
NBKC BANK $3,555,000 $3,385,000 -4.8% 0.1%
Adams Community Bank $2,875,000 $3,335,000 16.0% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $2,250,000 $3,120,000 38.7% 0.1%
Arbor Realty Trust, Inc. $18,885,000 $3,105,000 -83.6% 0.1%
EVERETT FINANCIAL, INC. $3,495,000 $2,985,000 -14.6% 0.1%
Hometown Equity Mortgage, LLC $195,000 $2,985,000 1,430.8% 0.1%
Morgan Stanley Private Bank $2,780,000 $2,985,000 7.4% 0.1%
ZILLOW HOME LOANS, LLC $2,795,000 $2,985,000 6.8% 0.1%
Sierra Pacific Mortgage Company, Inc. $2,425,000 $2,955,000 21.9% 0.1%
NFM, INC. $785,000 $2,890,000 268.2% 0.1%
Figure Lending LLC $3,690,000 $2,845,000 -22.9% 0.1%
HOMESIDE FINANCIAL, LLC $2,765,000 n/a 0.1%
ARC HOME LLC $675,000 $2,755,000 308.1% 0.1%
Savers Co-operative Bank $4,385,000 $2,685,000 -38.8% 0.1%
Windosr Federal Savings & Loan Association $1,510,000 $2,620,000 73.5% 0.1%
Prosperity Home Mortgage, LLC $2,285,000 $2,560,000 12.0% 0.1%
DREW MORTGAGE ASSOCIATES, INC. $705,000 $2,540,000 260.3% 0.1%
Webster Bank $12,355,000 $2,535,000 -79.5% 0.1%
HOMEXPRESS MORTGAGE CORP. $2,330,000 $2,510,000 7.7% 0.1%
Farm Credit East, ACA $2,490,000 $2,470,000 -0.8% 0.1%
LEOMINSTER CREDIT UNION $3,095,000 $2,470,000 -20.2% 0.1%
METRO $580,000 $2,440,000 320.7% 0.1%
GREYLOCK $2,365,000 $2,405,000 1.7% 0.1%
EMBRACE HOME LOANS, INC. $3,520,000 $2,370,000 -32.7% 0.1%
LEADERONE FINANCIAL CORPORATION $13,170,000 $2,370,000 -82.0% 0.1%
FINANCE OF AMERICA REVERSE LLC $1,225,000 $2,310,000 88.6% 0.1%
BETTER MORTGAGE CORPORATION $905,000 $2,300,000 154.1% 0.1%
Barrington Bank & Trust Company, N.A. $1,895,000 $2,280,000 20.3% 0.1%
JMAC LENDING, INC. $1,210,000 $2,255,000 86.4% 0.1%
WASHINGTON TRUST MORTGAGE COMPANY LLC $3,290,000 $2,220,000 -32.5% 0.1%
PNC Bank $1,585,000 $2,200,000 38.8% 0.1%
CARDINAL FINANCIAL $3,425,000 $2,160,000 -36.9% 0.1%
FIRST HOME MORTGAGE CORPORATION $1,365,000 $2,160,000 58.2% 0.1%
360 Federal Credit Union $1,490,000 $2,145,000 44.0% 0.1%
Fidelity Co-operative Bank $21,515,000 $2,130,000 -90.1% 0.1%
HOMESPIRE MORTGAGE CORPORATION $5,250,000 $2,130,000 -59.4% 0.1%
ATHOL CREDIT UNION $2,150,000 $2,085,000 -3.0% 0.1%
HANSCOM $2,345,000 $2,055,000 -12.4% 0.1%
DEEPHAVEN MORTGAGE LLC $965,000 $1,970,000 104.1% 0.1%
Flagstar Bank, FSB $2,140,000 $1,970,000 -7.9% 0.1%
LOANPAL, LLC $245,000 $1,950,000 695.9% 0.1%
MORTGAGE MARKETS CUSO, LLC $1,080,000 $1,935,000 79.2% 0.1%
North Brookfield Savings Bank $3,300,000 $1,920,000 -41.8% 0.1%
RELIANCE FIRST CAPITAL, LLC $2,810,000 $1,910,000 -32.0% 0.1%
LONGBRIDGE FINANCIAL, LLC $1,030,000 $1,905,000 85.0% 0.1%
NEW FED MORTGAGE, CORP. $2,470,000 $1,900,000 -23.1% 0.1%
PHH Mortgage Corporation $915,000 $1,880,000 105.5% 0.1%
AMERICAN FINANCING CORPORATION $225,000 $1,825,000 711.1% 0.1%
LENDINGONE, LLC $450,000 $1,795,000 298.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,680,000 $1,790,000 -33.2% 0.1%
Eastern Bank $2,165,000 $1,680,000 -22.4% 0.1%
The Savings Bank $135,000 $1,665,000 1,133.3% 0.1%
Magnolia Bank $1,640,000 n/a 0.1%
BMO Harris Bank $1,605,000 n/a 0.1%
BAY EQUITY LLC $630,000 $1,540,000 144.4% 0.1%
DOMINION FINANCIAL SERVICES, LLC $810,000 $1,540,000 90.1% 0.1%
FIRST MORTGAGE COMPANY, INC. $2,340,000 $1,535,000 -34.4% 0.1%
NATIONS DIRECT MORTGAGE, LLC $1,060,000 $1,495,000 41.0% 0.1%
ENVOY MORTGAGE, LTD $1,765,000 $1,460,000 -17.3% 0.1%
WEBSTER FIRST Federal Credit Union $1,520,000 $1,460,000 -3.9% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $850,000 $1,450,000 70.6% 0.1%
AMERICAN EAGLE FINANCIAL CREDIT UNION $1,770,000 $1,410,000 -20.3% 0.1%
AMWEST FUNDING CORP. $405,000 $1,395,000 244.4% 0.1%
Plains Commerce Bank $1,785,000 $1,390,000 -22.1% 0.1%
TOP FLITE FINANCIAL, INC. $1,130,000 $1,380,000 22.1% 0.1%
CENTRAL ONE FEDERAL CREDIT UNION $660,000 $1,310,000 98.5% 0.0%
Salem Five Cents Savings Bank $380,000 $1,270,000 234.2% 0.0%
UNION HOME MORTGAGE CORP. $635,000 $1,240,000 95.3% 0.0%
LENDSURE MORTGAGE CORP. $1,305,000 $1,230,000 -5.7% 0.0%
Logan Finance Corporation $1,085,000 $1,195,000 10.1% 0.0%
RF Renovo Management Company, LLC $4,190,000 $1,195,000 -71.5% 0.0%
Ally Bank $2,010,000 $1,180,000 -41.3% 0.0%
First National Bank of America $2,270,000 $1,175,000 -48.2% 0.0%
MILEND, INC. $310,000 $1,170,000 277.4% 0.0%
North American Savings Bank, F.S.B. $1,140,000 $1,140,000 0.0% 0.0%
The Bank of Canton $240,000 $1,125,000 368.8% 0.0%
A&D Mortgage LLC $975,000 $1,115,000 14.4% 0.0%
American Mortgage & Equity Consultants, Inc. $135,000 $1,105,000 718.5% 0.0%
Franklin First Federal Credit Union $3,240,000 $1,070,000 -67.0% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $335,000 $1,055,000 214.9% 0.0%
GUIDANCE RESIDENTIAL, LLC $595,000 $1,050,000 76.5% 0.0%
Northpointe Bank $1,640,000 $1,035,000 -36.9% 0.0%
The Cape Cod Five Cents Savings Bank $780,000 $1,030,000 32.1% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $365,000 $1,020,000 179.5% 0.0%
WESTERLY COMMUNITY $95,000 $1,015,000 968.4% 0.0%
Quontic Bank $535,000 $980,000 83.2% 0.0%
The Huntington National Bank $2,890,000 $975,000 -66.3% 0.0%
Citadel Servicing Corporation $560,000 $965,000 72.3% 0.0%
UniBank for Savings $490,000 $945,000 92.9% 0.0%
Athol Savings Bank $1,290,000 $925,000 -28.3% 0.0%
The Washington Trust Company, of Westerly $325,000 $885,000 172.3% 0.0%
Centreville Bank $165,000 $880,000 433.3% 0.0%
Clinton Savings Bank $1,980,000 $880,000 -55.6% 0.0%
NJ LENDERS CORP. $1,255,000 $875,000 -30.3% 0.0%
Cambridge Savings Bank $1,350,000 $860,000 -36.3% 0.0%
Rockland Trust Company $14,440,000 $845,000 -94.1% 0.0%
PREMIA MORTGAGE, LLC $490,000 $840,000 71.4% 0.0%
Third Federal Savings and Loan Association of Cleveland $985,000 $825,000 -16.2% 0.0%
NATIONS RELIABLE LENDING, LLC $1,065,000 $820,000 -23.0% 0.0%
Baxter Credit Union $135,000 $815,000 503.7% 0.0%
Fall River Five Cents Savings Bank $1,225,000 $815,000 -33.5% 0.0%
PRYSMA LENDING GROUP, LLC $805,000 n/a 0.0%
Bethpage Federal Credit Union $210,000 $790,000 276.2% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $790,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $315,000 $790,000 150.8% 0.0%
DAS Acquisition Company, LLC $760,000 n/a 0.0%
City National Bank $755,000 n/a 0.0%
Ixonia Bank $460,000 $740,000 60.9% 0.0%
The Provident Bank $725,000 n/a 0.0%
AMERITRUST MORTGAGE CORPORATION $715,000 n/a 0.0%
GREENWOOD $425,000 $705,000 65.9% 0.0%
Ross Mortgage Company, Inc. $205,000 $700,000 241.5% 0.0%
CHURCHILL MORTGAGE CORPORATION $145,000 $695,000 379.3% 0.0%
Farmers Bank & Trust $485,000 $680,000 40.2% 0.0%
Peoples Bank $530,000 $670,000 26.4% 0.0%
Dime Bank $655,000 n/a 0.0%
Luxury Mortgage Corp. $185,000 $650,000 251.4% 0.0%
Arvest Bank $315,000 $635,000 101.6% 0.0%
The People's Credit Union $325,000 $635,000 95.4% 0.0%
HARTFORD FUNDING, LTD. $175,000 $610,000 248.6% 0.0%
ALLIED MORTGAGE GROUP, INC. $875,000 $605,000 -30.9% 0.0%
Metro City Bank $560,000 $605,000 8.0% 0.0%
BECKAM FUNDING CORP. $590,000 n/a 0.0%
Bank of Hope $560,000 n/a 0.0%
Republic State Mortgage Co. $1,265,000 $560,000 -55.7% 0.0%
BNY Mellon $555,000 n/a 0.0%
LADERA LENDING, INC. $745,000 $555,000 -25.5% 0.0%
UIF CORPORATION $365,000 $520,000 42.5% 0.0%
First Federal Bank $640,000 $515,000 -19.5% 0.0%
Home Loan Investment Bank, F.S.B. $280,000 $515,000 83.9% 0.0%
MountainOne Bank $1,535,000 $515,000 -66.4% 0.0%
NEW ENGLAND FEDERAL CREDIT UNION $215,000 $505,000 134.9% 0.0%
ALLIANT CREDIT UNION $345,000 $495,000 43.5% 0.0%
Ballston Spa National Bank $495,000 n/a 0.0%
Cathay Bank $1,695,000 $495,000 -70.8% 0.0%
BayCoast Bank $510,000 $480,000 -5.9% 0.0%
Citibank $1,975,000 $475,000 -75.9% 0.0%
TEACHERS $470,000 n/a 0.0%
TJC Mortgage, Inc. $470,000 n/a 0.0%
Bar Harbor Bank & Trust $255,000 $465,000 82.4% 0.0%
GSF Mortgage Corporation $455,000 n/a 0.0%
Advisors Mortgage Group, L.L.C. $450,000 n/a 0.0%
Charles Schwab Bank, SSB $1,735,000 $450,000 -74.1% 0.0%
EQUITY RESOURCES, INC. $185,000 $450,000 143.2% 0.0%
Jeanne D'Arc Credit Union $370,000 $450,000 21.6% 0.0%
Fifth Third Bank $445,000 n/a 0.0%
GEORGIA'S OWN $460,000 $435,000 -5.4% 0.0%
The Camden National Bank $745,000 $435,000 -41.6% 0.0%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $430,000 n/a 0.0%
Bridgewater Savings Bank $265,000 $425,000 60.4% 0.0%
COREVEST AMERICAN FINANCE LENDER LLC $6,640,000 $415,000 -93.8% 0.0%
Rollstone Bank & Trust $245,000 $415,000 69.4% 0.0%
LAFAYETTE FEDERAL CREDIT UNION $405,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $275,000 $400,000 45.5% 0.0%
NP, Inc. $390,000 $400,000 2.6% 0.0%
HARVARD UNIVERSITY EMPLOYEES $80,000 $390,000 387.5% 0.0%
PURDUE FEDERAL CREDIT UNION $385,000 n/a 0.0%
Bristol County Savings Bank $455,000 $345,000 -24.2% 0.0%
Main Street Bank $1,945,000 $345,000 -82.3% 0.0%
PROVINCE MORTGAGE ASSOCIATES, INC. $1,070,000 $340,000 -68.2% 0.0%
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $335,000 n/a 0.0%
East West Bank $365,000 $325,000 -11.0% 0.0%
SPRING EQ, LLC $180,000 $320,000 77.8% 0.0%
Lee Bank $490,000 $315,000 -35.7% 0.0%
Needham Bank $700,000 $315,000 -55.0% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $315,000 n/a 0.0%
US MORTGAGE CORPORATION $315,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $185,000 $305,000 64.9% 0.0%
The Cooperative Bank $275,000 $305,000 10.9% 0.0%
Home Mortgage Alliance Corp $295,000 n/a 0.0%
INTELLILOAN, INC. $295,000 n/a 0.0%
Waterstone Mortgage Corporation $485,000 $295,000 -39.2% 0.0%
Webster Five Cents Savings Bank $970,000 $295,000 -69.6% 0.0%
GFA Federal Credit Union $2,205,000 $285,000 -87.1% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $185,000 $285,000 54.1% 0.0%
OAKTREE FUNDING CORP. $375,000 $285,000 -24.0% 0.0%
OCEAN STATE CREDIT UNION $45,000 $285,000 533.3% 0.0%
Residential Mortgage Solutions, Inc. $275,000 $285,000 3.6% 0.0%
Texana Bank $285,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $945,000 $275,000 -70.9% 0.0%
HUNT MORTGAGE CORPORATION $860,000 $275,000 -68.0% 0.0%
Merchants Bank of Indiana $275,000 n/a 0.0%
State Department Federal Credit Union $285,000 $275,000 -3.5% 0.0%
Stifel Bank and Trust $275,000 n/a 0.0%
UBS Bank USA $275,000 n/a 0.0%
Enterprise Bank and Trust Company $27,775,000 $265,000 -99.0% 0.0%
Toyota Financial Savings Bank $255,000 n/a 0.0%
HarborOne Bank $90,000 $240,000 166.7% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $670,000 $235,000 -64.9% 0.0%
QUORUM FEDERAL CREDIT UNION $55,000 $230,000 318.2% 0.0%
AMERICAN FINANCE HOUSE LARIBA $535,000 $225,000 -57.9% 0.0%
Avidia Bank $1,355,000 $220,000 -83.8% 0.0%
Network Funding, L.P. $265,000 $215,000 -18.9% 0.0%
SIRVA MORTGAGE, INC. $125,000 $215,000 72.0% 0.0%
ADVANCIAL $210,000 n/a 0.0%
EASTMAN $205,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $1,405,000 $205,000 -85.4% 0.0%
Millbury National Bank $205,000 n/a 0.0%
Princeton Mortgage Corporation $550,000 $205,000 -62.7% 0.0%
Carrington Mortgage Services, LLC $595,000 $195,000 -67.2% 0.0%
NEXERA HOLDING LLC $195,000 n/a 0.0%
Service Federal Credit Union $470,000 $190,000 -59.6% 0.0%
St. Mary's Credit Union $680,000 $185,000 -72.8% 0.0%
UNITED MORTGAGE CORP $185,000 n/a 0.0%
American Airlines Federal Credit Union $185,000 $165,000 -10.8% 0.0%
NORTHEAST HOME LOAN, LLC $165,000 n/a 0.0%
Truist $255,000 $165,000 -35.3% 0.0%
Bank-Fund Staff Federal Credit Union $510,000 $155,000 -69.6% 0.0%
NexBank $520,000 $155,000 -70.2% 0.0%
Axos Bank $125,000 n/a 0.0%
NATIONAL COOPERATIVE BANK, N.A. $95,000 $125,000 31.6% 0.0%
Elements Financial Federal Credit Union $105,000 n/a 0.0%
WINGS FINANCIAL $105,000 n/a 0.0%
DELTA COMMUNITY CREDIT UNION $95,000 n/a 0.0%
SIS BANCORP, MHC $85,000 n/a 0.0%
FOUR POINTS $160,000 $75,000 -53.1% 0.0%
ALIGN CREDIT UNION $1,495,000 $65,000 -95.7% 0.0%
BELLWETHER COMMUNITY $65,000 n/a 0.0%
COMMUNITY CREDIT UNION OF LYNN $65,000 n/a 0.0%
Northwest Community Bank $130,000 $65,000 -50.0% 0.0%
The Dutch Point Credit Union, Inc. $65,000 n/a 0.0%
FINEX CREDIT UNION $35,000 $60,000 71.4% 0.0%
RESIDENTIAL BANCORP $55,000 n/a 0.0%
IC Federal Credit Union $995,000 $35,000 -96.5% 0.0%
MidFirst Bank $35,000 n/a 0.0%
SCIENT Federal Credit Union $35,000 n/a 0.0%
Sharon & Crescent United Credit Union $35,000 n/a 0.0%
TOWER $25,000 n/a 0.0%

SPRINGFIELD's top lender by overall market share is Greenfield Savings Bank, with 5.1% market share. In second place, with 4.7%, is Westfield Bank, having originated $126,630,000 in loans. In third place, with 4.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $125,060,000 in loans. In fourth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $109,900,000 in loans. In fifth place, with 3.9%, is PeoplesBank, having originated $105,595,000 in loans.


SPRINGFIELD Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - SPRINGFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $219,900 (15.8%) $269,640 (12.6%) 0.82 834
2018-02-01 $222,494 (14.4%) $271,836 (10.0%) 0.81 804
2018-03-01 $239,900 (14.1%) $280,963 (8.8%) 0.84 813
2018-04-01 $248,450 (12.4%) $293,341 (10.0%) 0.84 860
2018-05-01 $249,950 (8.9%) $294,335 (6.7%) 0.83 998
2018-06-01 $249,900 (5.2%) $296,475 (6.6%) 0.83 1,069
2018-07-01 $249,900 (4.6%) $298,909 (6.7%) 0.83 1,148
2018-08-01 $239,900 (2.1%) $292,279 (4.6%) 0.80 1,190
2018-09-01 $239,000 (2.2%) $288,269 (4.2%) 0.80 1,229
2018-10-01 $237,075 (3.3%) $285,583 (3.7%) 0.80 1,231
2018-11-01 $232,400 (3.3%) $281,525 (2.3%) 0.79 1,132
2018-12-01 $224,900 (2.3%) $272,879 (-0.1%) 0.78 1,016
2019-01-01 $225,850 (2.7%) $269,264 (-0.1%) 0.78 880
2019-02-01 $225,561 (1.4%) $272,008 (0.1%) 0.76 837
2019-03-01 $235,614 (-1.8%) $282,346 (0.5%) 0.77 814
2019-04-01 $249,900 (0.6%) $297,955 (1.6%) 0.79 796
2019-05-01 $254,900 (2.0%) $309,415 (5.1%) 0.80 839
2019-06-01 $259,900 (4.0%) $312,213 (5.3%) 0.81 900
2019-07-01 $259,075 (3.7%) $308,830 (3.3%) 0.81 931
2019-08-01 $253,609 (5.7%) $304,096 (4.0%) 0.80 963
2019-09-01 $251,523 (5.2%) $299,571 (3.9%) 0.80 1,000
2019-10-01 $249,900 (5.4%) $294,661 (3.2%) 0.81 1,019
2019-11-01 $242,500 (4.4%) $291,941 (3.7%) 0.80 907
2019-12-01 $235,925 (4.9%) $289,675 (6.2%) 0.79 761
2020-01-01 $242,400 (7.3%) $297,487 (10.5%) 0.81 680
2020-02-01 $249,900 (10.8%) $305,632 (12.4%) 0.82 651
2020-03-01 $279,947 (18.8%) $331,316 (17.3%) 0.88 638
2020-04-01 $279,900 (12.0%) $328,207 (10.2%) 0.88 630
2020-05-01 $289,000 (13.4%) $339,209 (9.6%) 0.88 581
2020-06-01 $299,950 (15.4%) $352,067 (12.8%) 0.88 545
2020-07-01 $299,900 (15.8%) $353,411 (14.4%) 0.87 495
2020-08-01 $315,000 (24.2%) $364,117 (19.7%) 0.90 480
2020-09-01 $299,900 (19.2%) $368,968 (23.2%) 0.86 485
2020-10-01 $299,000 (19.7%) $362,699 (23.1%) 0.86 530
2020-11-01 $269,603 (11.2%) $342,126 (17.2%) 0.79 477
2020-12-01 $254,950 (8.1%) $333,376 (15.1%) 0.76 430
2021-01-01 $250,000 (3.1%) $344,136 (15.7%) 0.75 339
2021-02-01 $276,700 (10.7%) $352,048 (15.2%) 0.81 280
2021-03-01 $298,450 (6.6%) $373,032 (12.6%) 0.85 262
2021-04-01 $312,475 (11.6%) $385,827 (17.6%) 0.85 269
2021-05-01 $299,900 (3.8%) $374,684 (10.5%) 0.80 315
2021-06-01 $299,675 (-0.1%) $385,361 (9.5%) 0.79 351
2021-07-01 $295,000 (-1.6%) $382,269 (8.2%) 0.78 393
2021-08-01 $299,350 (-5.0%) $375,638 (3.2%) 0.80 454
2021-09-01 $284,500 (-5.1%) $365,342 (-1.0%) 0.76 439
2021-10-01 $274,675 (-8.1%) $351,310 (-3.1%) 0.73 413
2021-11-01 $270,400 (0.3%) $359,013 (4.9%) 0.72 367
2021-12-01 $267,450 (4.9%) $356,919 (7.1%) 0.72 316
2022-01-01 $275,000 (10.0%) $350,962 (2.0%) 0.74 248
2022-02-01 $282,497 (2.1%) $352,937 (0.3%) 0.73 233
2022-03-01 $287,175 (-3.8%) $358,158 (-4.0%) 0.72 221
2022-04-01 $314,458 (0.6%) $379,656 (-1.6%) 0.75 240
2022-05-01 $307,475 (2.5%) $372,941 (-0.5%) 0.70 323
2022-06-01 $322,500 (7.6%) $385,188 (-0.1%) 0.72 409
2022-07-01 $299,900 (1.7%) $367,596 (-3.8%) 0.68 484
2022-08-01 $299,900 (0.2%) $364,967 (-2.8%) 0.69 479
2022-09-01 $314,975 (10.7%) $373,374 (2.2%) 0.74 466
2022-10-01 $314,900 (14.6%) $371,401 (5.7%) 0.74 446
2022-11-01 $314,175 (16.2%) $369,983 (3.1%) 0.76 415
2022-12-01 $299,987 (12.2%) $361,857 (1.4%) 0.74 363
2023-01-01 $294,900 (7.2%) $349,483 (-0.4%) 0.73 332
2023-02-01 $297,450 (5.3%) $343,503 (-2.7%) 0.72 307
2023-03-01 $311,050 (8.3%) $361,482 (0.9%) 0.73 268
2023-04-01 $325,000 (3.4%) $380,579 (0.2%) 0.76 276
2023-05-01 $344,175 (11.9%) $389,652 (4.5%) 0.78 291
2023-06-01 $345,400 (7.1%) $417,028 (8.3%) 0.78 290
2023-07-01 $349,900 (16.7%) $415,426 (13.0%) 0.80 319
2023-08-01 $339,950 (13.4%) $408,020 (11.8%) 0.78 341
2023-09-01 $332,450 (5.6%) $405,884 (8.7%) 0.77 353
2023-10-01 $327,450 (4.0%) $395,177 (6.4%) 0.77 405
2023-11-01 $325,000 (3.5%) $383,578 (3.7%) 0.77 392
2023-12-01 $316,950 (5.7%) $380,885 (5.3%) 0.77 340
2024-01-01 $320,925 (8.8%) $383,699 (9.8%) 0.78 278
2024-02-01 $307,494 (3.4%) $383,438 (11.6%) 0.74 246
2024-03-01 $324,900 (4.5%) $401,846 (11.2%) 0.76 249
2024-04-01 $333,000 (2.5%) $407,910 (7.2%) 0.77 260
2024-05-01 $349,950 (1.7%) $425,943 (9.3%) 0.80 320
2024-06-01 $335,000 (-3.0%) $416,143 (-0.2%) 0.76 364
2024-07-01 $338,225 (-3.3%) $419,018 (0.9%) 0.77 357
2024-08-01 $350,000 (3.0%) $434,595 (6.5%) 0.81 383
2024-09-01 $344,950 (3.8%) $421,269 (3.8%) 0.81 460
2024-10-01 $341,950 (4.4%) $410,651 (3.9%) 0.80 508
2024-11-01 $329,900 (1.5%) $393,262 (2.5%) 0.79 498
2024-12-01 $330,000 (4.1%) $397,518 (4.4%) 0.82 417
2025-01-01 $328,161 (2.3%) $385,830 (0.6%) 0.82 376
2025-02-01 $325,000 (5.7%) $389,706 (1.6%) 0.79 343
2025-03-01 $329,900 (1.5%) $390,311 (-2.9%) 0.00 320
SPRINGFIELD's median listing price for 2025-03-01 was $329,900, a difference of $5,000 (1.5%) versus the prior year and $4,900 versus the prior month.

SPRINGFIELD's median listing price comes in at 0% of the national average.

SPRINGFIELD's average listing price for 2025-03-01 was $390,311, a difference of $-11,535 (-2.9%) versus the prior year and $605 versus the prior month.

For the 2025-03-01 period, SPRINGFIELD had 320 MLS listings, a difference of -23 listings (-7%) versus the prior month and 71 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - SPRINGFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 75 days 1,589 sqft
2018-02-01 67 days 1,612 sqft
2018-03-01 47 days 1,656 sqft
2018-04-01 40 days 1,725 sqft
2018-05-01 33 days 1,728 sqft
2018-06-01 38 days 1,737 sqft
2018-07-01 45 days 1,751 sqft
2018-08-01 47 days 1,710 sqft
2018-09-01 53 days 1,680 sqft
2018-10-01 58 days 1,665 sqft
2018-11-01 61 days 1,680 sqft
2018-12-01 64 days 1,659 sqft
2019-01-01 68 days 1,633 sqft
2019-02-01 66 days 1,639 sqft
2019-03-01 50 days 1,684 sqft
2019-04-01 42 days 1,755 sqft
2019-05-01 37 days 1,767 sqft
2019-06-01 39 days 1,762 sqft
2019-07-01 43 days 1,741 sqft
2019-08-01 46 days 1,726 sqft
2019-09-01 49 days 1,709 sqft
2019-10-01 49 days 1,696 sqft
2019-11-01 56 days 1,683 sqft
2019-12-01 67 days 1,626 sqft
2020-01-01 68 days 1,642 sqft
2020-02-01 47 days 1,674 sqft
2020-03-01 44 days 1,755 sqft
2020-04-01 51 days 1,737 sqft
2020-05-01 59 days 1,764 sqft
2020-06-01 47 days 1,801 sqft
2020-07-01 38 days 1,783 sqft
2020-08-01 36 days 1,801 sqft
2020-09-01 29 days 1,793 sqft
2020-10-01 30 days 1,737 sqft
2020-11-01 41 days 1,650 sqft
2020-12-01 50 days 1,622 sqft
2021-01-01 46 days 1,600 sqft
2021-02-01 42 days 1,673 sqft
2021-03-01 23 days 1,673 sqft
2021-04-01 16 days 1,730 sqft
2021-05-01 14 days 1,688 sqft
2021-06-01 16 days 1,685 sqft
2021-07-01 21 days 1,641 sqft
2021-08-01 23 days 1,648 sqft
2021-09-01 25 days 1,610 sqft
2021-10-01 26 days 1,569 sqft
2021-11-01 27 days 1,562 sqft
2021-12-01 34 days 1,569 sqft
2022-01-01 44 days 1,541 sqft
2022-02-01 20 days 1,579 sqft
2022-03-01 22 days 1,607 sqft
2022-04-01 14 days 1,704 sqft
2022-05-01 12 days 1,694 sqft
2022-06-01 18 days 1,731 sqft
2022-07-01 23 days 1,656 sqft
2022-08-01 28 days 1,633 sqft
2022-09-01 32 days 1,628 sqft
2022-10-01 35 days 1,638 sqft
2022-11-01 37 days 1,637 sqft
2022-12-01 44 days 1,619 sqft
2023-01-01 44 days 1,564 sqft
2023-02-01 30 days 1,534 sqft
2023-03-01 32 days 1,613 sqft
2023-04-01 18 days 1,622 sqft
2023-05-01 18 days 1,615 sqft
2023-06-01 18 days 1,680 sqft
2023-07-01 21 days 1,720 sqft
2023-08-01 23 days 1,673 sqft
2023-09-01 29 days 1,670 sqft
2023-10-01 28 days 1,662 sqft
2023-11-01 32 days 1,589 sqft
2023-12-01 38 days 1,564 sqft
2024-01-01 45 days 1,540 sqft
2024-02-01 32 days 1,535 sqft
2024-03-01 23 days 1,580 sqft
2024-04-01 17 days 1,598 sqft
2024-05-01 17 days 1,648 sqft
2024-06-01 23 days 1,564 sqft
2024-07-01 28 days 1,567 sqft
2024-08-01 28 days 1,575 sqft
2024-09-01 24 days 1,565 sqft
2024-10-01 25 days 1,588 sqft
2024-11-01 32 days 1,569 sqft
2024-12-01 47 days 1,563 sqft
2025-01-01 56 days 1,537 sqft
2025-02-01 41 days 1,538 sqft
2025-03-01 0 days 1,555 sqft
SPRINGFIELD's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

SPRINGFIELD's median square footage for active listings during the 2025-03-01 period was 1,555 sqft. One year prior, the average listing was 1,580 sqft.

SPRINGFIELD, MA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 6,156 $1,880,010,000 $305,395
Home Improvement 1,738 $161,590,000 $92,975
Refi 1,392 $292,750,000 $210,309
Cash Out Refi 1,287 $252,965,000 $196,554
Other 1,265 $129,675,000 $102,510

Springfield's most frequently cited loan purpose was Home Purchase, with 6,156 originations. The 2nd most popular reason was Home Improvement, with 1,738 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 4,847 $1,321,055,000 $272,551
7-8% 1,996 $454,900,000 $227,906
5-6% 1,899 $520,055,000 $273,857
Over 8% 1,819 $212,275,000 $116,699
<2.5% 343 $9,265,000 $27,012
4-5% 64 $17,690,000 $276,406
3-4% 27 $4,855,000 $179,815
2.5-3% 8 $2,400,000 $300,000

During 2024, Springfield's most frequently originated rate bucket was 6-7%, with 4,847 originations.

Loan Sizing (SPRINGFIELD, MA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 5,156 $1,474,370,000 $285,952
$100,000 or less 3,204 $158,900,000 $49,594
$100k-200k 2,192 $314,990,000 $143,700
$400k-600k 1,018 $474,330,000 $465,943
$600k-1000k 209 $146,085,000 $698,971
$Over $1MM 59 $148,315,000 $2,513,814

SPRINGFIELD's loan sizing saw the bucket of loans from $200k-400k with 5,156 originations, totaling $1,474,370,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,755 $1,228,615,000 $327,194
Under 20% 2,336 $110,010,000 $47,093
60-80% 2,221 $744,955,000 $335,414
20-40% 1,574 $183,120,000 $116,341
40-60% 986 $220,020,000 $223,144
Over 100% 90 $34,480,000 $383,111

SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,755 originations, totaling $1,228,615,000 in origination value.