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Brightwood, Springfield, MA Home Prices vs. Nearby Neighborhoods

Brightwood Liberty Heights Old Hill South End
Median Home Price
$239,000
$292,450
$269,900
$206,000
Median Sale Price
$249,000
-1% YoY
$294,000
+7% YoY
$250,000
0% YoY
$206,000
0% YoY
Avg. Price per Square Foot
$221
$224
$205
$136
Median Single Family Price
$249,500
$289,900
$255,000
$395,000
Median Condo Price
$180,000
$360,000
--
$206,000
Total Active Listings
0 listings
19 listings
3 listings
2 listings
Market Conditions
0 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Brightwood a good place to live?
Brightwood is a good place to live. Brightwood is considered somewhat walkable and bikeable with some transit options. Brightwood is a suburban neighborhood. Brightwood has 7 parks for recreational activities.It is fairly dense in population with 12.0 people per acre and a median age of 32. The average household income is $36,376 which is below the national average. College graduates make up 7.1% of residents. A majority of residents in Brightwood are renters, with 84% of residents renting and 16% of residents owning their home. A local real estate agent serving Brightwood can help you decide if this neighborhood is the right one for you. Learn more on our Brightwood neighborhood guide.
How much do you need to make to afford a house in Brightwood?
The median home price in Brightwood is $239,000. If you put a 20% down payment of $47,800 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $1,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Brightwood. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Brightwood is $36K.
What are the best public schools in Brightwood?
The best public schools that serve Brightwood are:
What are the best private schools in Brightwood?
The best private schools that serve Brightwood are:
What are the most popular zip codes in Brightwood, Springfield, MA?
The most popular zip codes in Brightwood, Springfield, MA include 01107, 01089, 01104, 01103 and 01105.
What are the most popular neighborhoods near Brightwood, Springfield, MA?
The most popular neighborhoods near Brightwood, Springfield, MA are Memorial Square, Liberty Heights, Metro Center, Chicopee Center and McKnight.
Are home prices dropping in Brightwood?
Yes, home prices in Brightwood are down 11% in the last 12 months.
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