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.
Home Trends in Memorial Square, MA
On average, homes in Memorial Square, Springfield sell after 13 days on the market compared to the national average of 70 days. The median sale price for homes in Memorial Square, Springfield over the last 12 months is $448,500, up 81% from the median home sale price over the previous 12 months.
Median Sale Price
$448,500
Median Single Family Sale Price
$415,000
Average Price Per Sq Ft
$314
Number of Homes for Sale
0
Last 12 months Home Sales
7
Median List Price
$454,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
81%