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Home values, rents and more in ZIP code 01118 (East Forest Park, Springfield, MA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$323,000
Metro: $372,000 · U.S.: $366,000
Home values, past year
+4.1%
Metro: +3.3% · U.S.: +1.2%
Population
14,839
ACS 2020–24
Median household income
$80,250
Metro: $71,306 · U.S.: $80,734
ZIP codes around 01118, shaded by typical home value011180109501028011090110601104011190110801129011070110501128
  • Under $290k
  • $290k–$310k
  • $310k–$330k
  • $330k–$390k
  • $390k+
  • No data
ZIP codes around 01118, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 01118 is outlined.

How 01118 compares

The typical home in ZIP code 01118 (East Forest Park, Springfield, MA) is worth about $323,000, according to the Zillow Home Value Index for September 2026. Home values in 01118 are 13% below the typical value in the Springfield metro area ($372,000) and 12% below the U.S. typical value ($366,000).

Over the past year, home values in 01118 rose 4.1%, compared with +3.3% in the Springfield metro area and +1.2% nationally.

The median household income is $80,250, against $71,306 in the Springfield metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 14,839 people live in 01118 (American Community Survey 2020–24).

01118 has the 14th-lowest typical home value of the 35 ZIP codes in the Springfield metro area and the 23rd-lowest of 484 in Massachusetts with Zillow figures.

Part of: Springfield, MA · Hampden County, MA · Springfield metro area · Massachusetts

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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