Is Sixteen Acres a buyer's or seller's market?

Sixteen Acres is a seller's market: 12 homes are for sale, about 1.8 months of supply at the pace of the last 12 weeks (18 accepted offers). Under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers.

What is the price per square foot in Sixteen Acres, Springfield?

Single-family: $249 (most sold between $218 and $294); Condos: $208 (most sold between $193 and $225); Multi-family: $193 (most sold between $158 and $215). Past 12 months, verified market data.

How fast do homes sell in Sixteen Acres?

Single-family: a median 9 days to an accepted offer (101 sales); Condos: a median 13 days to an accepted offer (8 sales); Multi-family: a median 27 days to an accepted offer (5 sales).

Springfield · neighborhood report

Sixteen Acres

101 single-family homes sold here in the past 12 months for a typical $330,000, or $249 a square foot. Right now it's a seller's market.

By the Observer Neighborhoods Desk · Verified market data, updated November 10, 2026

$330K: typical single-family home sale price, past 12 months
$249: per square foot
9 days: typical time to an accepted offer

Key factsAs of November 10, 2026

As of November 10, 2026, 101 single-family homes sold in Sixteen Acres, Springfield in the past 12 months, for a typical $330,000 ($249 per square foot).
That is 9% more per square foot than single-family homes across Springfield ($229).
Single-family homes in Sixteen Acres took a typical 9 days to get an accepted offer (Springfield overall: 14), and 63% sold at or above the first asking price.
As of November 10, 2026, Sixteen Acres is a seller's market: 12 homes are for sale, about 1.8 months of supply at the pace of the last 12 weeks (18 accepted offers). Under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers.
33% of the 12 homes for sale in Sixteen Acres have cut their asking price.

Cite as: “Sixteen Acres, Springfield neighborhood report,” Boston Real Estate Observer, https://bostonrealestateobserver.com/towns/springfield/sixteen-acres/ (verified market data as of November 10, 2026).

By type of homePast 12 months

Type	Sales	Typical price	Per sq ft	Middle half, per sq ft	Days to offer	At or above asking
Single-family	101	$330K	$249	$218–$294	9	63%
Condos	8	$195K	$208	$193–$225	13	38%
Multi-family	5	$500K	$193	$158–$215	27	60%

What single-family homes in Sixteen Acres sell for, per square foot

Typical sale price per square foot, single-family homes, by quarter (quarters with 8 or more sales).

$300$150

$259

2025 Q42026 Q4

Source: Verified market data; analysis by the Observer Markets Desk.

Show the numbers

Quarter	Per sq ft	Sales
2025 Q4	$253	22
2026 Q1	$229	15
2026 Q2	$239	27
2026 Q3	$264	34
2026 Q4	$259	8

Questions people ask

Is Sixteen Acres a buyer's or seller's market?: Sixteen Acres is a seller's market: 12 homes are for sale, about 1.8 months of supply at the pace of the last 12 weeks (18 accepted offers). Under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers.
What is the price per square foot in Sixteen Acres, Springfield?: Single-family: $249 (most sold between $218 and $294); Condos: $208 (most sold between $193 and $225); Multi-family: $193 (most sold between $158 and $215). Past 12 months, verified market data.
How fast do homes sell in Sixteen Acres?: Single-family: a median 9 days to an accepted offer (101 sales); Condos: a median 13 days to an accepted offer (8 sales); Multi-family: a median 27 days to an accepted offer (5 sales).

Other neighborhoods in Springfield

Springfield overall · Forest Park · East Forest Park · Indian Orchard

Price check a listing here: is it priced right?

Agents and brokers who work in Sixteen Acres: get quoted in our coverage.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Figures refresh every morning. This page was last updated November 10, 2026.

Key factsAs of November 10, 2026

By type of homePast 12 months

What single-family homes in Sixteen Acres sell for, per square foot

Questions people ask

Other neighborhoods in Springfield

What changes in Springfield, in your inbox every Tuesday. Free.