Why Live in Memorial Square
Memorial Square in Springfield is a historic neighborhood known for its Gothic and Renaissance architecture, including the Saint George Greek Orthodox Cathedral and the Springfield Street Trolley Barn. The area is highly walkable and bikeable, with accessible public transportation provided by the Pioneer Valley Transit Authority. Residents benefit from proximity to major employers, including two large health systems and various industrial companies. The neighborhood is dotted with food trucks and pop-up food trailers, with local favorites like La Taqueria Del Pueblo and El Charros. Puerto Rico Bakery is a longstanding community staple for both food and groceries, complemented by small markets like Medina’s and Bethania. For larger shopping needs, residents head to the nearby Riverdale Center and Shops. Memorial Square hosts several annual events, such as the Big E festival, Glendi Greek Festival, and the Springfield Puerto Rican Parade, fostering a strong sense of community. Housing options include multi-unit Queen Anne homes, Colonial revival single-family homes, and multi-unit apartments, with a high percentage of rental properties. The neighborhood is served by Springfield Public Schools, with Springfield Central High School being the highest-rated. Recreational options include Jaime Ulloa Park and Calhoun Park, both offering sports facilities and playgrounds, while Van Horn Park provides a natural retreat. Despite its urban setting, Memorial Square has a lower crime rate compared to the national average, making it a practical choice for residents.
Frequently Asked Questions
Is Memorial Square a good place to live?
Memorial Square is a good place to live. Memorial Square is considered fairly walkable and bikeable with good transit options. Memorial Square is a suburban neighborhood. Memorial Square has 6 parks for recreational activities. It is fairly dense in population with 13.8 people per acre and a median age of 32. The average household income is $33,503 which is below the national average. College graduates make up 9% of residents. A majority of residents in Memorial Square are renters, with 89% of residents renting and 11% of residents owning their home. A
local real estate agent serving Memorial Square can help you decide if this neighborhood is the right one for you. Learn more on our
Memorial Square neighborhood guide.
Is Memorial Square, MA a safe neighborhood?
Memorial Square, MA is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Memorial Square?
The median home price in Memorial Square is $327,500. If you put a 20% down payment of $65,500 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Memorial Square. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Memorial Square is $34K.
What are the best public schools in Memorial Square?
The best public schools that serve Memorial Square are:
What are the best private schools in Memorial Square?
The best private schools that serve Memorial Square are:
What are the most popular zip codes in Memorial Square, Springfield, MA?
What are the most popular neighborhoods near Memorial Square, Springfield, MA?
Home Trends in Memorial Square, MA
On average, homes in Memorial Square, Springfield sell after 36 days on the market compared to the national average of 53 days. The median sale price for homes in Memorial Square, Springfield over the last 12 months is $324,500, up 19% from the median home sale price over the previous 12 months.
Median Sale Price
$324,500
Median Single Family Sale Price
$324,500
Average Price Per Sq Ft
$193
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$327,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
19%