Property Market Data for Springfield, MA

Property Index Value
House Price to Income Ratio 2.12
2310
Mortgage as % of Income 15.62
2069
Loan Affordability Index 6.40
142
Price to Rent Ratio City Centre 8.99
2180
Price to Rent Ratio Outside Centre 4.51
2459
Gross Rental Yield City Centre 11.12
355
Gross Rental Yield Outside Centre 22.15
43

Price Per Sq.ft. Value Range
City Centre Apartment Prices 118.00 -
Outside Centre Apartment Prices 68.10 -

Rental Per Month Value Range
Apartment (1 bed) in City Centre 700.00 700.00 - 701.00
Apartment (1 bed) Outside Centre 716.67 750.00 - 900.00
Apartment (3 bed) in City Centre 1050.00 1100.00 - 1550.00
Apartment (3 bed) Outside Centre 1400.00 1500.00 - 2200.00
Price to Rent Ratio City Centre 8.99 8.99 - 8.99
Price to Rent Ratio Outside Centre 4.51 4.51 - 4.51
Gross Rental Yield City Centre 11.12 11.12 - 11.12
Gross Rental Yield Outside Centre 22.15 22.15 - 22.15

Median Income Value Range
Net monthly disposable income 2357.19 2285.79 - 2285.79
Annual mortgage interest rate % 4.32 0.00 - 0.00